Gold Firms on Safe-Haven Demand After Moody's US Downgrade

Gold firms on safe-haven demand after Moody's US downgrade

Gold prices climbed on Monday on a softer dollar and renewed trade tensions, following the U.S. Treasury's reaffirmation of President Trump's tariff threats.

Gold Prices Jump Over 1% as Dollar Weakens and Trump Tariff Threats Spur Safe-Haven Demand

Gold prices surged over 1% on Monday, reaching $3,247.40 per ounce, as the U.S. dollar weakened and renewed trade tensions fueled safe-haven demand. U.S. gold futures also rose, gaining 2% to $3,251.90. The rally follows a significant correction last week, where gold posted its worst weekly performance since November . The dollar slipped 0.3% on Monday, making gold more affordable for holders of other currencies. Treasury Secretary Scott Bessent…

Gold, silver rally on better safe-haven demand

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The XAU/USD struggle with $3,250 extends, what’s next?

·       Gold price keeps range play intact below $3,250 early Tuesday. ·       The US Dollar draws support from US trade deals optimism but upside appears limited.    ·       Gold price remains stuck between 21-day SMA and 50-day SMA amid bearish RSI. Gold price has returned to red early Tuesday, having failed to take out the $3,250 barrier once again. The downtick in Gold price could be linked to a tepid US Dollar (USD) recovery as traders awai…

Gold SWOT: Gold Companies Appear Well-Positioned to Capture Higher Margins in 2025

Gold SWOT: Gold Companies Appear Well-Positioned to Capture Higher Margins in 2025 In short, gold companies appear well-positioned to capture higher margins in 2025, driven by elevated gold prices and expected improvements in operating performance Frank Holmes Mon, 05/19/2025

Gold Prices Rally as Dollar Weakens and Trade Tensions Flare

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://newsghana.com.gh/gold-prices-rally-as-dollar-weakens-and-trade-tensions-flare/Gold prices surged on Monday, May 19, 2025, as a softer U.S. dollar and renewed trade war fears under the Trump administration drove investors toward the safe-haven asset. Spot gold jumped 0.8% to $3,228.47 per ounce, while U.S. gold futures gained 1.4% to $3,232.10, rebounding from Friday’s…