[XAU/USD] Job Weakness and Geopolitical Risk
Last Friday, the U.S. jobs report for July was worse than expected. This surprise made the U.S. dollar weaker and caused gold prices to go up. Gold even went above …
[XAU/USD] U.S. Employment Report
Yesterday during New York trading hours, the U.S. PCE Deflator (a price index showing inflation) came out stronger than expected. This made the U.S. dollar go up even more. Gold …
[XAU/USD] Federal Open Market Committee (FOMC) and GDP
Gold dropped in price after the U.S. GDP (economic growth data) for April to June was announced during New York trading hours yesterday. The GDP grew by 3.0%, which was …
[XAU/USD] Federal Open Market Committee (FOMC) and US–China Talks
U.S. Treasury Secretary Besent said yesterday’s trade talks with China were productive and satisfactory. However, he also said that extending the deadline would be up to President Trump. Although the …
[XAU/USD] After the Trade War Was Avoided, Attention Turns to FOMC
Gold prices went up at first because the U.S. and Europe reached an agreement about tariffs, just like the U.S. and Japan had done earlier. This made people sell the …
[XAU/USD] Tariffs and FOMC
Last week, the U.S. and Japan reached an agreement on tariffs. This made investors feel safe, so they sold gold, which is usually bought when people feel uncertain. As a …
[XAU/USD] Japan–U.S. Agreement Reached
On the previous day, Japan and the U.S. reached a trade agreement on tariffs. Because of this, worries about trade talks with other countries became smaller, and stock markets around …
[XAU/USD] Agreement Between Japan and USA
Yesterday, early in the Tokyo session, President Trump announced that the United States and Japan agreed on tariffs of 15%. This news reduced market worries. The Nikkei stock index went …
[XAU/USD] Gold Rises for Three Days in a Row
Secretary Bessent said yesterday that it will be hard for many countries to reach an agreement by the August 1 deadline. However, he also said that talks can continue even …
[XAU/USD] Breaks Up from Sideways Movement
At the beginning of the week, in the European market, U.S. long-term interest rates started to go down. Because gold does not give interest, it often goes up when interest …