Gold makes a Record High Above $3,200 fueled by Tariff Tensions and Dovish Fed Outlook by federal reserve
Gold prices rise fueled by rising safe-haven demand as the US-China trade war escalates and expectations continue to grow for a more tariff coming to balance united states trade imbalance with china .
dollar weak appeal is trading below 100 a potential redflag of a weak economy and a boost for EUR,AUD,JPY,CAD,CHF,NZD,GBP
investors and gold traders shares optimism after President Trump paused reciprocal tariffs for 90 days, while China now faces a 145% levy higher than the previously proposed 125%.
The US Dollar continue to sink further after CPI data disappointed,
Core CPI and weekly jobless claims (223K) signaled softer economic momentum, reinforcing bets of dovish stance by Fed and a potential rate cut in the coming months.
Gold prices rise fueled by rising safe-haven demand as the US-China trade war escalates and expectations continue to grow for a more tariff coming to balance united states trade imbalance with china .
dollar weak appeal is trading below 100 a potential redflag of a weak economy and a boost for EUR,AUD,JPY,CAD,CHF,NZD,GBP
investors and gold traders shares optimism after President Trump paused reciprocal tariffs for 90 days, while China now faces a 145% levy higher than the previously proposed 125%.
The US Dollar continue to sink further after CPI data disappointed,
Core CPI and weekly jobless claims (223K) signaled softer economic momentum, reinforcing bets of dovish stance by Fed and a potential rate cut in the coming months.
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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.