Gold Edges Up on Dip-Buying, Persistent Trade War Worries

Gold Edges Up on Dip-Buying, Persistent Trade War Worries

Gold rallied after weaker-than-expected US economic data reinforced speculation that the Federal Reserve will cut interest rates at least twice this year.

Gold (XAUUSD) & Silver Price Forecast: Friday’s NFP Data Could Trigger Major Price Moves

Silver (XAG/USD) followed a similar trajectory, slipping to $34.47 after an early session low of $34.43. Despite the minor retreat, silver remains on a firm footing, buoyed by dovish expectations surrounding the Federal Reserve and a persistent global risk premium. Weaker Economic Data Undermines Yields, Bolsters Bullion Expectations of a Federal Reserve rate cut in September have strengthened following disappointing macroeconomic readings. The …

Gold edges higher as soft US data lifts safe-haven demand

Gold prices nudged higher on Thursday (Jun 5), as weaker-than-expected US economic data spurred demand for safe-haven assets, while market participants also assessed persistent global economic and political uncertainties.

Gold price prediction: will gold surge further as Russia-Ukraine conflict intensifies and US-China trade war heats up, driving safe-haven demand ahead of key US jobs data?

Gold prices surge as rising global tensions drive investors toward safe-haven assets. With Russia-Ukraine conflict intensifying and the U.S.-China trade war heating up again, gold jumped over 2% to $3,353.69 an ounce. President Donald Trump's new tariffs and a weakening U.S. dollar added to the bullish momentum. As markets brace for key U.S. jobs data, analysts say gold remains a strong hedge against inflation. With geopolitical risks climbing a…

Gold edges up on dip-buying, persistent trade war worries