Gold Pullback Presents Buying Opportunity as Weaker Dollar and Downgrade Support Push Toward $3,500

Gold Prices Dip Slightly as Trade Tensions Ease, But Long-Term Outlook Remains Bullish Gold prices edged down slightly on Monday after the U.S. postponed additional tariffs on the European Union, easing investor concerns and reducing…

British Pound Hits Two-Week High Against Yen as Easing US-EU Tensions and Improved Risk Appetite Boost Demand; Markets Eye July Tariff Talks

Forex Update: The British pound climbed to a near two-week high against the Japanese yen, supported by easing trade tensions between the U.S. and Europe and a rebound in global risk sentiment. In the short…

Trump Proposes 50% Tariff on European Goods, Targets Apple with Heavy Tax — Global Markets Tumble, U.S. and European Stocks Plunge

Former U.S. President Donald Trump has ignited global market turmoil with a bold new trade proposal, suggesting tariffs as high as 50% on European Union goods. He also threatened to impose additional taxes on Apple…

Strong U.S. PMI Data Boosts Dollar and Treasury Yields, Gold Plunges Below Key $3,300 Support Level

U.S. May PMI data came in unexpectedly strong, pushing the dollar and Treasury yields higher while sending gold prices tumbling below the $3,300 mark. Despite short-term pressure from technical factors and tighter liquidity, continued central…

Gold Pulls Back to $3,297 as Dollar Rebounds and Stocks Rise — Investors Eye U.S. Economic Data and Key Technical Support

On May 22, 2025, gold prices pulled back to close at $3,297.33 per ounce, after briefly reaching a two-week high. The retreat came as the U.S. dollar strengthened, stock markets advanced, and investors shifted capital…

Trump Signals Prolonged Russia-Ukraine War, Fueling Market Jitters Over Geopolitical Risks; Oil, Gold Volatile as Defense Stocks Rally

Recent comments by former U.S. President Donald Trump suggest that the Russia-Ukraine war could drag on, reigniting global concerns over geopolitical risk. This has triggered volatility in international oil and gold prices, while defense stocks…

British Pound Rises for Fourth Straight Day to 1.3430, Nears Key 1.3450 Level on Inflation and Policy Expectations

The British pound has climbed for four straight sessions against the US dollar, bolstered by stronger-than-expected UK inflation data and a shift in market expectations around monetary policy. Sterling briefly touched 1.3430, nearing the key…

Gold Prices Break Above $3,350 an Ounce as Weaker Dollar and Geopolitical Tensions Fuel Bullish Outlook

Gold prices surged this week, hitting a high of $3,350 per ounce, driven by both strong technical momentum and supportive fundamentals. With the U.S. dollar weakening, key PMI data on the horizon, and rising geopolitical…