Gold slips as Trump eases tariff threats, Fed shows caution over rate cut

Gold Price Under Pressure As Tariff Risk Sentiment Thaws

Gold price traded downwards on Wednesday as declining tariff risk sentiment continued to interrupt demand. The yellow metal traded at $3,018 at the spot market at the time of writing, down by 0.1% on the daily chart. In addition, the loss brought its losses to 1% in the last five trading sessions. However, action above $3,000 raises the prospect of the coin retesting its record high price of $3,057 reached last week. US President Donald Trump ha…

Gold prices rose on Wednesday as traders braced for US President Donald Trump's plans to impose counter-tariff tariffs. Spot gold rose 0.2 percent to $3,026.38 per ounce by 0721 GMT. US gold futures rose 0.1 percent to $3,030.10. Among other precious metals, spot silver was steady at $33.75 per ounce, platinum fell 0.2 percent to $975.10, and palladium fell 0.4 percent to $952.21.

Gold Consolidates as Investors Await Key Tariff Decision

Fundamental Analysis * Gold prices remained range-bound, as mixed sentiment kept the metal trading within a defined support and resistance range. A slight rebound occurred following weaker US economic data, which boosted safe-haven demand. However, gold’s long-term direction remains uncertain, with investors closely watching Trump’s tariff announcement on April 2 for further market cues. Technical Analysis *Technical Breakdown: Gold prices are t…

Trump Douses his Own Fiery Tariff Threats...or Not

Trump Douses his Own Fiery Tariff Threats...or Not Apparently, feeling the pain as nations flee US commerce, Trump doesn’t have as much fire in his belly for following through with tariffs. David Haggith Tue, 03/25/2025

Gold slips as Trump eases tariff threats, Fed shows caution over rate cut

Gold inched lower on Tuesday (Mar 25) after US President Donald Trump eased concerns by stating that not all of his proposed tariffs would take effect on Apr 2, while a Federal Reserve official signalled a cautious stance on interest rate cuts this year.

Reading time approx.: 2 minutes, 16 secondsThe president of the United States indicated on two occasions on Monday that the trading partners of the power, where Mexico and Canada excel in the framework of the T-MEC, would receive possible exemptions or reductions. However, their narrative on international trade remained with a protectionist tone and the look put on the tariff announcements of April 2 The exchange rate in their transactions to th…