[XAU/USD] Less Concern About the Middle East Situation
At the beginning of this week, gold prices went up in the Tokyo market because the United States suddenly attacked Iran’s nuclear facilities. After that, prices dropped for a short …
[XAU/USD] Buying Gold and US Dollar When Trouble Happens
Last week, Israel asked President Trump to agree to a quick stop to fighting with Iran. Because of this, President Trump left the G7 meeting and returned to the US …
[XAU/USD] Dollar Buying Due to Tensions is Slowing Down
In Tokyo, people bought the US dollar because they were worried that the US might attack Iran. This made the gold price go down at first. However, later there was …
[XAU/USD] Iran Situation and FOMC
Gold prices went down because of the news that Israel attacked Iran’s nuclear facilities. When there is trouble in the Middle East, many traders buy the US dollar as a …
[XAU/USD] Middle East Tensions Worsen
As the fighting between Israel and Iran becomes more serious, President Trump has also shown his intention to join the conflict. He left the G7 meeting early and returned home, …
[XAU/USD] Expectations for Easing Tensions in the Middle East
At the beginning of the week, the price of gold rose to a high of $3,451 because of ongoing concerns about a possible war between Israel and Iran. However, after …
[XAU/USD] Middle East Situation Risk and FOMC Meeting
Last weekend, Israel attacked Iran, causing the geopolitical risk to increase. This made gold’s price go up as a safe asset. However, gold’s rise was limited because investors also bought …
[XAU/USD] Risk in the Middle East and Lower U.S. Interest Rates
Gold prices went up because of increased geopolitical risk. This happened as people became more worried that Israel might attack Iran. When there is risk like this, investors buy gold …
[XAU/USD] US-China Trade Agreement and CPI (Consumer Price Index)
There was news that the United States and China have reached a trade agreement. Because of this, the market felt more safe and relaxed, so the price of gold went …
[XAU/USD] President Trump’s Comments and U.S. CPI
After last week’s U.S. jobs report, long-term interest rates in the U.S. went up. Because gold does not earn interest, this caused people to sell gold. Also, positive news from …