[XAU/USD] Weekend Selling Adjustment
Yesterday, the US dollar continued to fall because of news about Director Cook possibly resigning, which lowered trust in the Federal Reserve.Gold went above the August 8 high of 3,409 …
[XAU/USD] Decline in Trust for Federal Reserve Board (FRB)
After the news about Governor Cook’s resignation, people continued selling the U.S. dollar and buying gold. This made gold prices stay strong. Yesterday, Treasury Secretary Bessent also criticized the Federal …
[XAU/USD] Decline in Trust for the U.S. Federal Reserve
This week, gold was expected to fall after rising from Chairman Powell’s comments at the Jackson Hole meeting last week, but the drop was short. Yesterday, buying became stronger. Early …
[XAU/USD] U.S. Federal Reserve Rate Cut Expectations Increase
At the Jackson Hole meeting last weekend, Chairman Powell’s comments were seen as soft, which led to selling of the U.S. dollar and gold rose to 3,378. At the beginning …
[XAU/USD] Federal Reserve Board (FRB) Rate Cut Expectations Increase
At the Jackson Hole meeting last weekend, Chairman Powell’s speech was seen as soft, which increased expectations that the Federal Reserve will cut interest rates. Because of this, U.S. long-term …
[XAU/USD] Jackson Hole
On August 1, the U.S. jobs report for July was weaker than expected. This made people think the Federal Reserve may lower interest rates, so gold started rising from around …
[XAU/USD] Buying Back on Hopes of Interest Rate Cut
Yesterday, gold went up for the first time in five trading days. President Trump said that Mr. Cook, a member of the Federal Reserve Board, should resign immediately because of …
[XAU/USD] Risk-On
At the U.S.–Russia leaders meeting, no ceasefire was agreed. However, the chance of a three-party meeting increased, and this made gold prices fall. On the other hand, in the New …
[XAU/USD] U.S.–Russia Leaders Meeting Did Not Reach Ceasefire
Last weekend, the meeting between U.S. and Russian leaders ended without a ceasefire.In the future, a meeting including President Zelensky is expected, but it still seems far away. As geopolitical …
[XAU/USD] U.S.–Russia Summit and Jackson Hole
Last weekend, the U.S. and Russia held a summit, but no peace deal was reached. This means geopolitical risks are still here, and one reason for selling gold has now …