⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: US real yields, which typically move opposite to gold prices, fell by four basis points to 2.039%, providing support for XAU/USD. Meanwhile, the World Gold Council (WGC) reported that central banks acquired over 1,000 tons of gold for the third year in a row in 2024. Following Trump’s election...
✍️ NOVA hello everyone, Let's comment on gold price next week from 02/17/2025 - 02/21/2025 🔥 World situation: Gold price dipped below $2,900 on Friday but remains on track for a strong weekly gain of over 0.80% as traders take profits ahead of the weekend. Despite mixed US economic data, the Greenback hit yearly lows, and US Treasury yields tumbled. XAU/USD...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues to climb during Friday’s Asian session, supported by concerns over US President Donald Trump’s tariff plans and a drop in US bond yields. However, expectations that the Federal Reserve (Fed) will maintain its hawkish stance and keep interest rates high could limit...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) surges again, nearing $2,920 on Thursday, as traders dismiss the impact of January's US inflation data. They also seem unfazed by reports of an upcoming meeting between US President Donald Trump and Russian President Vladimir Putin to discuss a potential peace deal. Despite these...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) edges higher during the Asian session on Thursday, extending its rebound from the $2,864 level seen after strong US inflation data. Concerns over a potential global trade war, fueled by President Trump's new tariffs on commodity imports, support demand for the safe-haven metal....
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) remains under slight pressure for the second consecutive day but holds steady just below $2,900 during the Asian session on Wednesday. A modest uptick in the US Dollar, following Fed Chair Jerome Powell’s hawkish remarks, weighs on the metal. However, concerns over the economic...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar climbs to its highest level in over a week as expectations grow that Trump's protectionist policies could drive inflation higher, pushing the Federal Reserve to maintain its hawkish stance and keep interest rates unchanged. A stronger USD, coupled with overbought conditions on the daily...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: On Monday, US President Donald Trump signed two proclamations reinstating 25% tariffs on metals and removing all previous exemptions on steel and aluminum tariffs from his 2016-2020 term. Additionally, Trump informed reporters that he plans to announce reciprocal tariffs on other countries within the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The People's Bank of China (PBOC) increased its gold reserves for the third consecutive month in January, supporting gold prices as China remains the world’s largest gold consumer. Reserves rose to 73.45 million fine troy ounces, up from 73.29 million in December. Economist David Qu from Bloomberg...
✍️ NOVA hello everyone, Let's comment on gold price next week from 02/10/2025 - 02/14/2025 🔥 World situation: Gold extended its rally on Friday as US-China trade tensions escalated and US employment data delivered mixed signals. XAU/USD climbed 0.24%, trading at $2,862. President Donald Trump’s plans to impose reciprocal tariffs on multiple countries next...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The benchmark 10-year US Treasury yield dropped to its lowest level since December 12 this week, driven by expectations of two Fed rate cuts by the end of 2025, further boosting demand for non-yielding gold. Chicago Fed President Austan Goolsbee attributed the recent inflation stagnation to base...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: China has imposed tariffs on select US goods in response to President Trump’s 10% levy on Chinese imports, escalating trade tensions between the world’s two largest economies and reinforcing demand for safe-haven gold. On the economic front, the US Department of Labor (DoL) reported that initial...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: In January, the US ADP National Employment Change showed private sector job growth accelerating from 176K to 183K, surpassing expectations of 150K. Meanwhile, the ISM Services PMI came in at 52.9, slightly above the 52.8 forecast but down from December’s 54.0. Similarly, the S&P Global Services PMI...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices surge, supported by declining US yields. Real yields, measured by the 10-year Treasury Inflation-Protected Securities (TIPS), drop nearly six basis points from 2.13% to 2.072%, while the US 10-year Treasury bond yield slips four bps to 4.51%. Meanwhile, the latest JOLTS report reveals a...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Trump extended a 30-day delay on the 25% tariffs for Canada and Mexico, sparking optimism that a global trade war may be avoided. However, this does little to weaken the bullish outlook for the safe-haven metal. Meanwhile, Wednesday’s US economic calendar includes the ADP private-sector employment...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar draws in dip-buyers after yesterday’s pullback from a two-year high, potentially preventing bullish momentum from driving further gains in the commodity. On Tuesday, the release of Job Openings and Labor Turnover Survey (JOLTS) and Factory Orders data could offer fresh support to both the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US 10-year Treasury yield declines by 1.5 basis points to 4.537%, while real yields, measured by 10-year TIPS, remain steady at 2.095%. Meanwhile, the ISM Manufacturing PMI for January climbs to 50.9, exceeding expectations of 49.8 and improving from December’s 49.2, signaling stronger business...
✍️ NOVA hello everyone, Let's comment on gold price next week from 02/03/2025 - 02/07/2025 🔥 World situation: Gold prices hover near record highs above $2,800 on Friday as risk aversion grows following the White House’s clarification on US tariff plans. Contrary to earlier Reuters reports, Press Secretary Karoline Leavitt confirmed that 25% tariffs on Canada...