Treasury and Dollar Slides Reignite 'Sell America' Fears. But There's Still a Buying Opportunity in One Corner of US Debt.
- Gold prices climbed over 2% on June 2, 2025, in global markets amid rising US-China trade tensions and a softer US Dollar.
- The increase occurred after US President Donald Trump announced plans to raise tariffs on steel and aluminum imports from 25% up to 50%, heightening uncertainty in the markets.
- This tariff move strained the fragile Geneva trade agreement, prompting Beijing to reject US accusations as 'groundless' and vow countermeasures.
- Gold tested resistance near $3,295-$3,350 with the Relative Strength Index rising to 57, signaling bullish momentum amid increased demand for safe-haven assets.
- The rising gold price reflects investor caution, suggesting ongoing geopolitical risks and trade disputes may sustain demand for bullion as portfolio insurance.
29 Articles
29 Articles
Treasury and dollar slides reignite 'Sell America' fears. But there's still a buying opportunity in one corner of US debt.
30-year US Treasury yields recently climbed above 5%, a show of weaker demand.VCG/VCG via Getty ImagesTreasurys are widely considered risk-free assets, but recent market patterns show investors are getting jittery.Long-dated Treasury yields breached 5% recently, indicating weaker demand and investor hesitation.Analysts suggest gold and short-term Treasurys as safer options amid economic uncertainty.Treasurys have been under scrutiny amid Preside…
A Shaky U.S. Dollar Boosts Gold’s Role as an Alternative Reserve Asset
by Paul Wong, Sprott: Key Takeaways Market turbulence in response to the Trump administration’s tariff actions is delivering a clear verdict: global investors are losing faith in the U.S. financial architecture, which no longer looks reliable. Gold is a major beneficiary of these events. While U.S. equities, bonds and the U.S. dollar were falling simultaneously […]
Shafaq News/ Gold prices fell on Tuesday, after approaching a four-week high, as a modest rise in the dollar pressured the yellow metal, but uncertainty over the US-China trade agreement kept investors cautious and limited gold's decline. Spot gold fell 0.3 percent to $3,369.98 per ounce by 02:49 GMT, after hitting its highest level since May 8 earlier in the session. US gold futures settled at $3,390. The yellow metal rose about 2.7 percent in …
Gold prices climb on softer dollar, Trump's fresh tariff threat
Gold Prices Rise as Trump Threatens Tariff Hike; Weaker Dollar Lends Support Gold prices climbed on Monday as U.S. President Donald Trump threatened to double tariffs on imported steel and aluminum, while a weaker dollar also supported greenback-priced bullion. FUNDAMENTALS Spot gold was up 0.6% at $3,309.89 an ounce, as of 0056 GMT. U.S. gold futures also climbed 0.6% to $3,333.30. The U.S. dollar index edged 0.1% lower, making bullion less exp…
Dollar downside looks limited short-run - Monex Europe
USD While the dollar sold off through Monday, seeing the DXY index slide 0.7%, early trading today has seen a modest recovery as limited news flow leaves the greenback in limbo for now. Granted, trade risks continue to loom large over the buck. But, with the DXY trading just above multi-year lows, we think the scope for these concerns to weigh further on dollar valuations looks limited in the short run, absent further adverse developments. As we…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
To view factuality data please Upgrade to Premium