Henrybillion

Henrybillion

Spot gold was unchanged at $3,020.87 an ounce by 0026 GMT. US gold futures were flat at $3,025.10. US consumer confidence fell to its lowest level in more than four years in March as households worried about a future recession and rising inflation due to tariffs. Focus is now on the potential reciprocal tariffs the US administration could impose on April 2,...

Henrybillion

Gold prices edged lower on Tuesday after U.S. President Donald Trump eased concerns by saying not all of his proposed tariffs would take effect on April 2, while a Federal Reserve official signaled caution about rate cuts this year. Atlanta Federal Reserve President Raphael Bostic said he expects inflation to slow in the coming months and as a result, the Fed is...

Henrybillion

Gold prices edged up on Monday as concerns about upcoming retaliatory tariffs imposed by U.S. President Donald Trump and the possibility of a Federal Reserve rate cut this year supported the metal's safe-haven appeal. Gold hit a record high of $3,057.21 an ounce last Thursday as trade tensions boosted safe-haven demand. Non-yielding bullion is seen as a hedge...

Henrybillion

Gold prices held steady on Friday and traded below the record high hit in the previous session, supported by safe-haven demand stemming from geopolitical and economic uncertainty, while the Federal Reserve's hint of a rate cut this year also boosted appeal. Federal Reserve Chairman Jerome Powell said on Wednesday that the Trump administration's early policies,...

Henrybillion

Gold prices traded slightly lower from a record high hit in the previous session on Wednesday, supported by safe-haven demand fueled by geopolitical tensions and tariff uncertainty, while traders awaited a Federal Reserve policy decision. Israeli airstrikes hit Gaza and killed more than 400 people on Tuesday, Palestinian health officials said, breaking nearly two...

Henrybillion

Gold prices held steady around $3,000 on Tuesday, hovering near an all-time high hit last week, as investors awaited a policy decision from the U.S. Federal Reserve to gauge the country's economic outlook amid tariffs and trade tensions. New economic projections from Fed officials this week will provide the clearest evidence yet of how the U.S. central bank is...

Henrybillion

As tariff uncertainty drove money into safe havens, tepid US inflation kept market expectations of a Fed rate cut intact and optimism over a ceasefire between Russia and Ukraine cooled, gold prices surged and broke out of their recent sideways consolidation range. Gold prices surged past their target of $2,942/oz on safe-haven demand. Weaker US CPI also supported...

Henrybillion

Gold prices edged up on Thursday as tariff uncertainty persisted, boosting safe-haven demand, while lower-than-expected US inflation data also supported bullion by bolstering expectations of a rate cut. Spot gold rose 0.2% to $2,938.24 an ounce by 0050 GMT, while US gold futures were steady at $2,945.70. Data showed US consumer prices rose less than expected...

Henrybillion

Gold prices fell on Wednesday on the prospect of a ceasefire in Ukraine, while investors braced for key U.S. inflation data later in the day to gauge the Federal Reserve's interest rate path amid trade tensions and recession fears. The United States agreed on Tuesday to resume military aid and intelligence sharing with Ukraine after talks in which Kiev said it...

Henrybillion

Gold prices XAUUSD held above $2,880 after falling nearly 1% on Monday. US President Donald Trump said over the weekend that the US economy could get worse before it gets better and that he was adjusting trade policy through tariffs, fueling market concerns about a possible economic recession. As the broader financial markets fall sharply, investors may sell gold...

Henrybillion

Gold prices XAUUSD just fell to around $2,912/ounce, down nearly $10 from the intraday high of $2,918/ounce reached earlier in the session. The recovery in the US dollar could be seen as the current pressure, causing gold prices to ease slightly from the intraday high. A look at data and news events The Labor Department report showed the US economy added 151,000...

Henrybillion

On March 7, 2025, the world gold price recorded a slight decrease after three consecutive days of increase. Specifically, the spot gold price decreased by 7.2 USD to 2,912.5 USD/ounce, while the gold futures contract decreased by 9.5 USD, closing at 2,919.7 USD/ounce. ​ Profit-taking activities: After a prolonged price increase, many investors decided to take...

Henrybillion

Gold prices hovered below a one-week high hit on Wednesday and remained well supported by concerns over the potential economic fallout from Trump’s trade tariffs and a global trade war. Meanwhile, recent weaker US macroeconomic data has raised expectations of further Fed easing, weighing on the USD and benefiting the yellow metal. The daily chart for XAU/USD...

Henrybillion

Gold prices rose on Wednesday (March 5), supported by a weaker US dollar, as investors awaited official US jobs data due later this week for more details on the Federal Reserve's monetary policy. At the close of trading on March 5, spot gold edged up 0.1% to $2,919.54 an ounce. Gold futures added 0.2% to $2,927.50 an ounce. The US dollar index fell 1.2%, hitting...

Henrybillion

Influenced by US President Trump's new tariffs on imports from Canada and Mexico and the doubling of tariffs on Chinese goods, the situation has raised concerns about a global trade war. Gold XAUUSD found support after the new tariff concerns and recovered to the target of 2,900 USD and broke above this level after which the rally has weakened. Trump's tariff...

Henrybillion

Gold prices are holding steady below $2,900 early Tuesday, consolidating recent gains ahead of the next leg higher. The market remains risk-off as a global tariff war seems inevitable, with US President Donald Trump confirming 25% tariffs on Canada and Mexico to take effect on Tuesday while he signed an order to increase tariffs on China to 20%. There is no news...

Henrybillion

Gold prices are currently hovering around $2,872 an ounce, reflecting the strong market volatility caused by President Donald Trump's tariff policies. On March 1, Trump signed an executive order requesting a national security investigation into imported lumber, bringing the total number of tariff investigations in the past 10 days to three. He previously announced...

Henrybillion

Gold prices today, March 3, on the world market increased sharply in the closing session of the week. Domestic gold prices set a new record of over VND 81 million/tael. Gold prices on the Kitco floor closed the trading week at USD 2,082/ounce, up 1.9% compared to the beginning of the session. Gold futures for April 2024 delivery on the Comex New York floor traded...