Gold

  • Asset Summary – Monday, 28 April

    Asset Summary – Monday, 28 April GBPUSD saw a marginal gain in value on Monday, edging up slightly to 1.3323. This small increase represents a minor positive shift compared to the previous session’s value of 1.3315, reflecting a modest appreciation of the British Pound against the US Dollar. It’s worth noting that this current valuation…

  • Gold Price Dips on Trade Optimism – Monday, 28 April

    Gold experienced a price decline, falling below $3,300 per ounce, influenced by a confluence of factors including easing U.S.-China trade tensions and a strengthening U.S. dollar. Market participants are closely monitoring upcoming economic data releases, which could shed light on the Federal Reserve’s future monetary policy decisions and the overall economic landscape. Gold fell below…

  • Asset Summary – Friday, 25 April

    Asset Summary – Friday, 25 April GBPUSD is experiencing upward pressure, largely due to dollar weakness outweighing any negative impact from softer-than-expected UK inflation data. Reduced inflationary pressures in the UK have led to increased expectations of interest rate cuts by the Bank of England, potentially easing monetary policy to stimulate economic growth. While this…

  • Gold’s Retreat: Trade War Thaw Dims Shine – Friday, 25 April

    Gold prices experienced a pullback, relinquishing prior gains due to potential easing of trade tensions between the US and China. Market sentiment shifted as China considers halting tariffs on some US imports, reducing gold’s safe-haven appeal. These developments come after gold reached a record high earlier in the week amid US economic concerns, only to…

  • Asset Summary – Thursday, 24 April

    Asset Summary – Thursday, 24 April GBPUSD experienced upward momentum as the pound strengthened against the dollar, reaching a seven-month high. This movement was primarily fueled by dollar weakness resulting from concerns about the Federal Reserve and trade war impacts, overshadowing softer-than-expected UK inflation figures. While easing inflation prompted increased speculation of Bank of England…

  • Gold Climbs Amid Trade Uncertainty – Thursday, 24 April

    Gold experienced a price increase towards $3,360 per ounce, reversing a recent decline. Lingering uncertainty surrounding US-China trade relations fueled demand for the precious metal as a safe-haven asset. Conflicting signals regarding tariffs and potential exemptions contributed to market volatility and investor interest in gold. Gold rose toward $3,360 per ounce on Thursday. The rise…

  • Asset Summary – Wednesday, 23 April

    Asset Summary – Wednesday, 23 April GBPUSD is experiencing upward momentum as the pound benefits from dollar weakness despite cooling UK inflation. The softer inflation figures have led to increased expectations of interest rate cuts by the Bank of England, potentially easing monetary policy to stimulate economic growth. This, combined with a struggling US dollar,…

  • Gold Retreats Amid Easing Trade Tensions – Wednesday, 23 April

    Gold prices experienced a decline, pulling back from recent record highs as market sentiment improved. This shift followed optimism surrounding potential de-escalation in US-China trade tensions and reduced concerns about the independence of the Federal Reserve. The improved overall market mood diminished gold’s appeal as a safe-haven asset, although it remains significantly up for the…

  • Asset Summary – Tuesday, 22 April

    Asset Summary – Tuesday, 22 April GBPUSD is experiencing upward momentum, propelled primarily by dollar weakness despite the UK’s own inflation figures coming in below expectations. The cooling inflation data, particularly in the services sector, is reducing pressure on the Bank of England to maintain high interest rates. Consequently, market expectations for rate cuts have…

  • Gold Soars Amid Economic and Political Unease – Tuesday, 22 April

    Gold’s price has reached a record high, fueled by anxieties surrounding economic uncertainty and political developments. Investors are showing increased risk aversion due to concerns over trade tensions, particularly between the US and China, and the potential politicization of US monetary policy. Gold surged past $3,480 per ounce, setting a new record. Risk aversion due…

  • Asset Summary – Monday, 21 April

    Asset Summary – Monday, 21 April GBPUSD saw a notable increase in value on Monday, rising by 0.72% to reach 1.3394. This upward movement suggests positive momentum for the currency pair, building on its previous closing value of 1.3297. While this is a significant daily gain, it is important to remember that the Pound has…

  • Gold Soars to Record High – Monday, 21 April

    Gold prices experienced a significant surge, reaching a new record high, driven by a confluence of factors that increased its attractiveness as a safe-haven asset. Global trade tensions, a weakening U.S. dollar, and the European Central Bank’s interest rate cut all contributed to the upward trend. Investor uncertainty regarding the U.S. economy and potential changes…

  • Asset Summary – Friday, 18 April

    Asset Summary – Friday, 18 April GBPUSD is experiencing upward momentum, primarily driven by a weakening US dollar. Despite UK inflation figures coming in lower than anticipated, suggesting potential easing of monetary policy, the pound has continued its ascent. The cooling inflation, while increasing market expectations for Bank of England interest rate cuts, paradoxically hasn’t…

  • Gold Dips After Record High – Friday, 18 April

    Gold experienced a price decrease on Thursday after reaching a record high earlier in the session. This price movement is attributed to investors taking profits amid persistent uncertainty surrounding US trade policy, which is influencing demand for safe-haven assets like gold. Gold fell below $3,330 per ounce on Thursday. Investors took profits after gold hit…

  • Asset Summary – Thursday, 17 April

    Asset Summary – Thursday, 17 April GBPUSD is experiencing upward momentum, currently trading around $1.327, driven primarily by US dollar weakness. Despite recent UK CPI data indicating a slowdown in inflation, which typically weakens a currency, the pound has continued its ascent. The lower inflation figures have increased market expectations for Bank of England rate…