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U.S. Dollar Faces Worst Start Since 1973 - What That Means for Gold (week ending 7.4.25)
2 Articles
2 Articles
Dollar the Loser of the First Half of the Year − the Biggest Drop Since the End of the Gold Standard
Despite all the noise about tariffs, war in the Middle East and the high probability of a US recession, financial markets did not see major movements in the first half of the year. Stock indices rose slightly, with the dollar's decline being the most notable.
U.S. Dollar Faces Worst Start Since 1973 - What That Means for Gold (week ending 7.4.25)
This past week gold rebounded Monday on bargain hunting, rising to $3,305.90, while silver slipped. Tuesday saw gold surge $45 on a weaker dollar and falling yields. Prices edged higher Wednesday as traders awaited jobs data. Thursday, gold fell 1% to $3,323.70 after stronger-than-expected payrolls dampened Fed rate cut hopes. Markets were closed Friday for Independence Day. Next week’s focus shifts to the Fed, with Wednesday’s FOMC minutes and …
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