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Gold edges lower as Trump’s administration plans to toughen chip controls over China
Gold price edges lower on Tuesday along with yields and equities. The Trump administration seeks to toughen its semiconductor restrictions on China. Gold heads back to $2,930 and looks heavy with an overall market rout.
WTI rises to near $71.00 following fresh US sanctions on Iran’s Oil
WTI price rose as the US imposed sanctions on brokers, tanker operators, and shipping companies involved in Iranian petroleum. Oil price gains were capped as Trump announced to proceed with import tariffs on Canada and Mexico. French President Emmanuel Macron suggested a truce between Ukraine and Ru
Gold price eases from all-time peak; bullish potential seems intact
Gold price retreats from a record high as traders opt to take some profits off the table. Worries over Trump’s tariff plans should limit losses for the safe-haven precious metal. Bets that the Fed would cut rates further could also act as a tailwind for the XAU/USD.Fxstreet
Feb 25, 2025
Gold has wild ride with US Dollar pressured by German election outcome
Gold price pops near 0.50% in the early European session on Monday. Although the Far-Right AfD has gained 20% of votes, the CDU has booked a comfortable lead. US Dollar Index drops, opening room for Gold to tick higher.Fxstreet
Feb 24, 2025
Gold price extends its consolidative price move near all-time peak
Gold price continues to attract safe-haven flows amid worries about Trump’s tariff plans. The emergence of fresh USD selling and inflation concerns also support the XAU/USD pair. Hawkish Fed expectations might cap any further gains for the non-yielding yellow metal.Fxstreet
Feb 24, 2025
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