FalCol_TradingMaster

FalCol_TradingMaster Updated 

While a weaker USD is the main driver pushing gold prices higher, this stems from two factors, including tariff concerns and January's Producer Price Index (PPI) report. Anxiety continues to increase after US President Donald Trump's announcement of imposing reciprocal tariffs on countries that tax imports from the US. Besides, the US has just released the...

FalCol_TradingMaster

World gold prices at times dropped sharply when inflation data in the US heated up. Specifically, the consumer price index (CPI) in January 2025 increased by 0.5%, higher than the forecast increase of 0.3%. This information has reinforced the message of the US Federal Reserve (FED) not to rush to reduce interest rates due to the unstable...

FalCol_TradingMaster

Despite turning down today, world gold prices still maintain an upward trend due to concerns about global trade conflicts provided by US President Donald Trump's new tax regimes. Gold price on February 12: Suddenly plummeted, buying price of gold pieces decreased by 1.3 million VND/tael photo 2 World gold price chart on December 2. (Photo: kitco.com) Currently,...

FalCol_TradingMaster

Gold prices fell from historic levels as investors evaluated Fed Chairman Jerome Powell's congressional testimony and new trade policy statements from US President Donald Trump. Market sentiment is mainly influenced by two important developments. First, President Donald Trump's announcement on Sunday of plans to impose 25% tariffs on imported steel and aluminum,...

FalCol_TradingMaster Updated 

➡️ Both analysts and investors expect gold prices to continue to increase in the coming days, as they are being supported by many factors, especially related to US President Donald Trump's tax policy with many trade partners. ➡️ In the latest development, Mr. Trump announced that he would impose a 25% tax on all aluminum and steel imports into the country. ➡️...

FalCol_TradingMaster

Asset Strategies International president and CEO Rich Checkan predicts that gold will likely face profit-taking pressure in the short term. However, he still believes that the gold shortage in London, tariff policies from US President Donald Trump and "persistent" inflation will contribute to driving gold prices higher. After central banks announce their interest...

FalCol_TradingMaster

Despite the decline, gold prices are receiving very positive forecasts from experts. Kitco News' latest weekly gold survey shows that industry experts maintain a positive view on the precious metal. Meanwhile, retail investors also forecast that gold prices will reach higher levels in the near future. 9 experts, equivalent to 69%, expect gold prices to exceed...

FalCol_TradingMaster

In the international market, at 6:00 a.m. on January 24, the world spot gold price was $2,753/ounce, down $7 from the highest price in the overnight trading session of $2,760/ounce. However, the gold price later rose to a new high, around $2,770/ounce, up nearly $20/ounce compared to today. According to Jim Wyckoff, senior analyst at Kitco Metals, recent better...

FalCol_TradingMaster

Gold prices hit a more than 11-week high in afternoon trading on January 22, not far from last year's record, driven by safe-haven demand amid uncertainty over US President Donald Trump's trade policies and a weak US dollar. Spot gold rose 0.3% to $2,751.89 an ounce at 12:02 (Vietnam time), after hitting its highest since November 1 earlier in the session, and...

FalCol_TradingMaster

Markets are focused on the policies of US President Donald Trump, who took office on Monday. Bloomberg reported: “Trump’s policies have caused volatility in markets, traders are heeding warnings about currencies... Trump announced plans to impose tariffs of up to 25% on products imported from Mexico and Canada by February 1. He also promised to accelerate US...

FalCol_TradingMaster

The euro and the pound have gained against the dollar, putting the two currencies on track for their biggest one-day gains against the dollar in more than a year. The reason is that new President Donald Trump will not impose tariffs on US trading partners on his first day in office. On the other hand, analysts say that the import tariffs that Donald Trump is...

FalCol_TradingMaster Updated 

Gold prices rebounded overnight as Donald Trump is likely to delay imposing tariffs. According to the Wall Street Journal, Trump issued a presidential memorandum directing federal agencies to investigate trade deficits and address unfair trade and currency policies from other countries. However, the directive does not include imposing new tariffs on the first day...

FalCol_TradingMaster Updated 

#️⃣ The Israeli Prime Minister officially announced that he will ratify the ceasefire agreement in Gaza! Trump repeated: I have merit ———— ⭐️Israeli Prime Minister Netanyahu confirmed that the ceasefire agreement with Hamas has been completed and will take effect on Sunday, right before Donald Trump takes office as US president. ✔️The agreement brokered by Biden,...

FalCol_TradingMaster Updated 

The US core CPI was lower than expected, a positive sign for gold, increasing the likelihood that the Fed will continue to cut interest rates this year. The market now expects the Fed to cut interest rates by 40 basis points by the end of the year, compared to around 31 basis points before the inflation data. Meanwhile, gold is stuck in the crosshairs of...

FalCol_TradingMaster Updated 

Gold prices rose sharply on the back of a fresh US inflation report that showed the pace of growth was not too hot. Key US economic data released recently showed that the consumer price index (CPI) in December rose 2.9% year-on-year, in line with market expectations, compared to a 2.7% increase in the November report. The core CPI (excluding food and energy...

FalCol_TradingMaster Updated 

At the beginning of the trading session on January 13 (US time), the world gold price fell sharply due to the high demand for profit-taking in the market after the price increased continuously in recent sessions. In addition, the USD also increased sharply. The DXY index reached 109.9 points, the highest level in 2 years. However, according to analysts, in the...

FalCol_TradingMaster Updated 

Gold prices fluctuated violently today when the USD Index reached 109.35 points, helping the value of the USD increase to its highest level in the past 2 years. On the other hand, bond interest rates also increased to nearly 4.8%, which encouraged many people to invest in this investment channel. Since then, very little money has flowed into the gold market....

FalCol_TradingMaster

Gold prices hit a near four-week high on safe-haven demand amid financial market turmoil. Investors sought safety amid concerns about Britain's finances and President-elect Donald Trump's economic policies. In Britain, concerns about the budget deficit sent the pound to its lowest in more than a year against the dollar, with 10-year government bond yields rising...