Gold price tumbles on profit-taking amid falling US yields – FXStreet
Xau/USD traders are booking profits as US Treasury yields drop further. Trump's tariff threat against uncertainty in the Mexican and Canadian fuel markets. The confidence of US consumers is weak, and layoffs cause stag fear. Gold prices plummeted Tuesday during the North American session as traders booked profits amid the US Treasury yields. Greenback also […]
Gold market analysis for February 25 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wykoff He has been involved in the stocks, finance and commodity markets for over 25 years. He was a financial journalist for FWN Newswire Service for many years. These include stints as a reporter on the commodity futures trading floors of Rough and Tumble in Chicago and New York. As a journalist, he has […]
Gold (XAU) Silver (XAG) Daily Forecast: Will Profit-Taking Trigger a Pullback? – FX Empire
Profit and excessive conditions affect money The key factor behind the modest decline in gold is profitable as the daily chart shows slightly bought conditions. “The rapid rise in gold has made it vulnerable to pullbacks,” said a senior market analyst. Traders unleash some bullish positions as they wait for fresh catalysts, especially US economic […]
Gold price eases from all-time peak; bullish potential seems intact – FXStreet
Gold prices fall back from record highs as traders choose to remove some profits from the table. Concerns about Trump's tariff plans should limit the losses of safe haven precious metals. Further reductions from the Fed could also serve as a tailwind for Xau/USD. Gold Price (XAU/USD) will stick to negative bias throughout Tuesday's Asian […]
We’re Going To Fort Knox To See If The Gold Is Still There
The Trump administration will be heading to Fort Knox to see if the money is still there, President Donald Trump told reporters Monday. “We actually go to Fort Knox and see if the money is there, because someone stole the money,” Trump said. “Lots of money.” Trump's comments follow speculations about the gold status stored […]
Gold price hits all-time high at $2,956 as trade uncertainty lingers – FXStreet
As Trump's trade policy promotes investor uncertainty, gold will climb. The US 10-year Treasury yields have fallen slightly, providing a tailwind for bullion. Buying conditions suggest that bulls could face near record levels of fatigue. Gold prices rose to a new record high of $2,956 in early trading on Monday as greenbacks remained firmly in […]
Gold News: Will Upcoming PCE Inflation Data Reinforce Gold’s Appeal? – FX Empire
Daily Gold (Xau/USD)The broader trend in gold remains bullish, with the $3,000 level as an important psychological target. Strong, safe demand driven by US trade tensions and escalating sustained inflation risks supports further benefits. Next week, traders will focus on core personal consumption spending (PCE) deflators, with economists expecting a 0.3% increase. Other important reports […]
American People Want to Know if There Is Gold at Fort Knox
Sen. Mark Wayne Marin (R-OK) was there to inspect the gold reservoir in Fort Knox, Kentucky, when he appeared on Fox News Channel's Jesse Watters Primetime on Friday. He said he has approved President Donald Trump's pledge to look for suspects that were not present. Mullin told FNC host Jesse Watters that Trump is fulfilling […]
Gold Price Forecast: Bullish Breakout Stalls, Bearish Risks Increasing – FX Empire
Breakout failed A failed bullish breakout could be tracked in the opposite direction. In other words, there are more opportunities for bearish reversals. Today's $2,917 low can lead to a drop below the bottom of the pennant, which can lead to a drop that could potentially fall below the bottom of the pattern. Support is […]
Why banks are flying gold bars on commercial flights from London to NYC
Pacer ETFS president Sean O'Hara argues that Gold is not a wise “long-term” investment, but is responding to UnitedHealthcare's DOJ investigation. President Donald Trump's tariff plans have prompted some of the largest banks in the US and the UK. Fly Gold Bar From London to New York City by commercial flight. Trump's plans to impose […]