[XAU/USD] Dollar Buying May Be Ending Soon
Gold prices fell after President Trump announced that he would delay a 50% tariff on the EU. This news caused more people to buy U.S. dollars, which made gold go …
Gold prices fell after President Trump announced that he would delay a 50% tariff on the EU. This news caused more people to buy U.S. dollars, which made gold go …
After President Trump announced that he will extend the 50% tariff on the EU until July 9, the “risk-on” mood continued yesterday. Stock markets in Japan and Europe went up …
When the Tokyo market opened at the beginning of the week, President Trump said the 50% tax on EU goods will be extended. Because of this, the USD/JPY went up …
Last week, many investors bought gold because they were worried about new tariffs, which made the market more cautious. But early this week, during Tokyo’s morning trading, President Trump said …
Last week, gold prices went up at first because Moody’s lowered the credit rating of the United States. This caused people to sell US dollars.However, the shock from the rating …
Gold went up the day before because the U.S. dollar, stocks, and bonds all went down (this is called “triple weakness”). But yesterday, this rise in gold paused. As a …
Gold prices went up during the Tokyo trading session after news that Israel may be planning to attack Iran’s nuclear facilities. This news increased geopolitical risks, which made gold prices …
In the European market, when the euro went up against the dollar (meaning the dollar was being sold), gold prices also went up. Gold broke above the previous day’s high …
Moody’s lowered the credit rating of the United States from AAA to AA1. Because of this, people started selling US dollars at the beginning of the week. Gold prices also …
Last week, progress in trade talks between the U.S. and China gave the market a sense of relief, which led to stronger “risk-on” mood and selling of gold. If trade …