[XAU/USD] U.S. Retail Sales & U.S.–Russia Leaders Meeting
Yesterday, the U.S. July Producer Price Index (PPI) was higher than expected. Because of this, the chance of an early U.S. interest rate cut became lower. When U.S. long-term interest …
Yesterday, the U.S. July Producer Price Index (PPI) was higher than expected. Because of this, the chance of an early U.S. interest rate cut became lower. When U.S. long-term interest …
Yesterday, Federal Reserve official Bessent said, “At the September meeting, we should make a large 0.5% interest rate cut.”In addition, President Trump said, “U.S. interest rates should be 1%.”These comments …
Gold prices had been falling after reports that there would be no tariffs on gold bars. However, prices turned upward. This happened because the U.S. July CPI (Consumer Price Index) …
Yesterday, with the Tokyo market closed, U.S. long-term interest rates fell at the start, and USD/JPY dropped to 147.36. Later, selling of the yen pushed the pair up to 148.24 …
On the weekend of the 15th, the U.S. and Russia will hold a leaders’ meeting in Alaska. Hopes for a ceasefire in Ukraine caused gold selling. Also, the U.S. announced …
Last weekend, there were some news reports saying that tariffs would also be added to gold bullion. This caused panic buying in the gold market. People were surprised because many …
Gold prices had been rising, but yesterday selling started first as traders took profits.After that, the U.S. dollar became weaker, and gold prices went up again.On the same day, President …
Gold prices had been going up, but yesterday, many people sold to take profits, so the price went down at first.Later, the US dollar got weaker, so gold prices went …
Gold prices had been going up because many people expected the U.S. central bank to cut interest rates soon. However, at the start of this week, selling came first, and …
After last week’s U.S. jobs report, more people think the Federal Reserve might lower interest rates soon. Because gold does not earn interest, lower interest rates make it more attractive …