-
Gold pares losses as US Dollar eases; Fed turmoil keeps sentiment cautious
Gold (XAU/USD) pares intraday losses on Wednesday after trading defensively for most of the day, pressured by a stronger US Dollar (USD). At the time of writing, the metal trades near $3,393 during the American session, recovering from a dip to $3,373 in Asian hours as the Greenback eases and bullion finds support. Gold is trading near a fresh two-week high as buyers step back in after earlier selling pressure tied to a stronger US Dollar. The recovery reflects easing Dollar momentum and resilient demand, with sentiment underpinned by political uncertainty surrounding the Federal Reserve’s (Fed) independence and ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
President Donald Trump promised voters last fall he’d swiftly defeat inflation once back in the White House. Trump’s unprecedented and relentless attacks on the Federal Reserve could do the exact opposite. While Trump is the first US president to try to fire a Federal Reserve governor, he’s hardly the first politician to seek lower interest rates. Of ...
From morningstar.com | Aug 27, 2025
President Donald Trump made a move to fire a member of the Federal Reserve's Board of Governors, potentially undermining confidence in the U.S. dollar and Treasury bonds - and boosting the appeal of gold and other assets perceived as safe havens. "The Fed's independence is its calling card, and the move to fire a governor is a direct assault on the Fed's ...
Federal Reserve governor Lisa Cook is the latest target of President Donald Trump, who is trying to remove her from office. Trump's efforts to reshape the Fed are starting to produce noticeable outcomes in the bond market and periodic weakness in the dollar. Signs of consternation over President Donald Trump's most recent attack against the Federal Reserve ...
