There are many factors that contribute to the current price of gold. Chief among these factors is the strength of the US dollar. Traditionally gold has an inverse relationship to the value of the ...
The US Dollar trades touch softer on more tariff comments, while Gold prints new all-time highs. Besides reciprocal tariffs, a 25% levy on all steel and aluminum imports from all countries will be ...
Expectations of a steady Federal Reserve policy and the possibility of a future rate cut further contribute to a mixed outlook for the US Dollar. Gold (XAU) experienced a sharp rally and broke the ...
They said that gold rates today are on an uptrend despite the soaring US dollar as the market expects a US Fed rate cut, triggered after the softening of US inflation and retail sales data for ...