Caesar_Gorman1

Caesar_Gorman1 Updated 

On Thursday (February 27), gold accelerated its decline and once lost the 2870 mark, mainly under the pressure of a stronger dollar and rising U.S. Treasury yields, while investors awaited key inflation reports to assess the Fed's policy path. The U.S. dollar index rose 0.6%, further away from the recent 11-week low, after U.S. President Trump's vague promise to...

Caesar_Gorman1 Updated 

Gold prices were largely flat on Wednesday (February 26) after falling to a one-week low in the previous trading day. Uncertainty caused by US President Trump's tariff plan has suppressed risk appetite and boosted demand for safe-haven gold. Earlier, it fell more than 2% on Tuesday, once losing the 2,900 mark and hitting a low of around $2,888, mainly due to a...

Caesar_Gorman1 Updated 

Spot gold fell below $2,900 an ounce for the first time since February 18, after U.S. consumer confidence suffered its largest monthly decline in more than three years in February. Interpretation of the news: With the Federal Reserve remaining cautious and the Trump administration increasing policy uncertainty, the U.S. dollar and gold markets have diverged. At...

Caesar_Gorman1 Updated 

Analysis of gold news: On Monday, the international gold price continued to rise strongly driven by many uncertain factors, and once again set a new historical high. Although the minutes of the Federal Reserve's January meeting emphasized that the US economy is still facing inflationary pressure, the gold price has not been suppressed. Trump plans to impose a...