Gold Steadies
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Gold prices were little changed on Thursday as a stronger U.S. dollar offset the impact of U.S. President Donald Trump's latest tariffs in driving buying by investors seeking shelter from geopolitical risk.
Current bullion market is focusing on a combination of factors which includes direction of US interest rates, weakness in USD, among many others factors for further guidance, noted a recent report by Emkay Wealth Management.
At the interbank foreign exchange, Indian rupee slipped 19 paise to 85.89 against US dollar in early Friday trade
Gold prices nudged higher on Thursday as rising trade tensions steered market participants toward the safety of bullion, though gains were limited by an uptick in the dollar.
Gold dips below $3,300 as investors weigh safe-haven demand against a strong dollar and global economic uncertainty.
Gold's performance is influenced by geopolitics, trade wars, and central bank reliance, with negative consequences affecting the dollar index and gold.
Drawing on fresh data, historical parallels, and economic indicators, Maharrey lays out a compelling case: the dollar is in trouble, and gold is emerging as the true safe haven.
As de-dollarization gains momentum, rising central bank gold purchases and widening currency swings signal that investors should hedge by keeping a modest 5%–10 % gold allocation and diversifying into select assets not denominated in dollars.
Gold prices rebounded on Friday and were heading for a weekly gain, helped by a retreat in the U.S. dollar and safe-haven inflows, as U.S. President Donald Trump's deadline for trade deals loomed.
Silver holds near $36.30 as Fed rate cut hopes and Trump tariffs weaken the dollar, offering traders a supportive backdrop for silver price analysis.
The U.S. dollar faces a variety of headwinds heading into the second half of the year that could have important investing implications.
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