-
Gold Soaring On US/China Fears & Dovish Fed View
Gold prices are enjoying a perfect storm of bullish drivers currently. The futures market has been in firm ascent over the last month and shows no signs of slowing down as price continues to print fresh record highs today. A combination of dovish Fed expectations and fresh uncertainty over US/China trade is seeing demand for the yellow metal surging higher. A return to hostile trade rhetoric between the US and China has sparked a pullback in risk assets which is feeding into higher gold prices here and looks set to continue near-term while tensions remain elevated. Yesterday, Fed chairman Powell sparked fresh selling ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From finance.yahoo.com | Oct 14, 2025
Gold rose to a record high, boosted by an escalation in US-China frictions and bets the Federal Reserve will cut interest rates twice more this year. Bullion climbed to a peak of $4,185 an ounce. Spot silver advanced after a volatile day on Tuesday that saw prices surge to an all-time high above $53.54 an ounce, before tumbling sharply amid signs a historic ...
From fxstreet.com | Oct 15, 2025
Gold is trading higher for the fifth consecutive day on Wednesday, attempting to confirm the breach of the $4,200. The precious metal is trading at $4,193 at the time of writing, after having hit a fresh all-time high at $4,218 earlier on the day. Bullion is drawing support from a softer US Dollar on Wednesday, following dovish comments by the Fed Chairman ...
Federal Reserve Governor Stephen Miran said Wednesday that the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook and makes the case for rate cuts even more urgent. Speaking at the CNBC Invest in America Forum in Washington, D.C., the central bank policymaker noted the threat from Chinas decision to ...