XAUUSD& SILVER—Risk-On Mood Pressures Prices, Fed Easing Eyed
- Gold and silver prices experienced downward pressure during Friday’s Asian trading session, as a resurgence in risk appetite prompted investors to move away from safe-haven assets. Gold (XAU/USD) fell from an early high of $3,370 to $3,316, while silver (XAG/USD) dipped near $33.44, though it maintained support above $33.18.
- This shift in sentiment was influenced by positive developments in U.S.–China trade relations. Reports indicated that Beijing is considering suspending its 125% tariff on select U.S. goods, and President Trump confirmed ongoing negotiations, with the White House noting progress.
- Additionally, stronger-than-expected U.S. economic data contributed to the decline in precious metal prices. Durable goods orders surged 9.2% in March, surpassing expectations and bolstering the U.S. dollar, which in turn weighed on gold.
Despite these factors, the outlook for gold and silver remains influenced by expectations of Federal Reserve monetary policy. Investors are closely monitoring upcoming U.S. economic indicators, such as the Personal Consumption Expenditures (PCE) Price Index, for further clues on potential Fed easing.
- Gold and silver prices experienced downward pressure during Friday’s Asian trading session, as a resurgence in risk appetite prompted investors to move away from safe-haven assets. Gold (XAU/USD) fell from an early high of $3,370 to $3,316, while silver (XAG/USD) dipped near $33.44, though it maintained support above $33.18.
- This shift in sentiment was influenced by positive developments in U.S.–China trade relations. Reports indicated that Beijing is considering suspending its 125% tariff on select U.S. goods, and President Trump confirmed ongoing negotiations, with the White House noting progress.
- Additionally, stronger-than-expected U.S. economic data contributed to the decline in precious metal prices. Durable goods orders surged 9.2% in March, surpassing expectations and bolstering the U.S. dollar, which in turn weighed on gold.
Despite these factors, the outlook for gold and silver remains influenced by expectations of Federal Reserve monetary policy. Investors are closely monitoring upcoming U.S. economic indicators, such as the Personal Consumption Expenditures (PCE) Price Index, for further clues on potential Fed easing.
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GOLDFXCC™ Leading Educational platform—whether you're just starting or an experienced trader, access knowledge and insights to refine your skills and achieve more.
➤ Telegram: t.me/+OYfvKDvM0w81MTJk
♛ Website: bio.site/goldfxcc.com
➤ Telegram: t.me/+OYfvKDvM0w81MTJk
♛ Website: bio.site/goldfxcc.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.