Gold prices climbed to their highest levels in more than a month on Tuesday, supported by a weaker U.S. dollar and declining U.S. Treasury yields. The market remains on edge ahead of the looming August 1 deadline for U.S.-EU trade negotiations.
Gold prices remained broadly stable in early Asian trading on Monday, as investors maintained a cautious stance ahead of major developments in global monetary policy and trade negotiations. The metals performance reflects prevailing uncertainty in the markets as participants await decisions that could shape the trajectory of the global economy in the coming months.
The Peoples Bank of China PBOC announced on Monday that it is keeping key market-based interest rates unchanged, maintaining the same levels as last month in a move aimed at preserving financial stability and encouraging economic activity.
Gold prices declined on Thursday, weighed down by a stronger U.S. dollar and easing market concerns following
Gold prices advanced on Wednesday as global markets turned their attention to ongoing U.S. trade policy developments and assessed fresh inflation data pointing to rising consumer prices in June. The upward movement reflects investor caution amid lingering uncertainties over tariffs and monetary policy direction.
The U.S. Federal Reserve finds itself at a critical juncture, as newly reinstated tariffs by President Donald Trump bring inflation risks back into the spotlight. Although inflation indicators have recently shown signs of moderation, concerns are growing within the central bank that trade policies could reintroduce sustained price pressures, challenging the current trajectory of interest rates.
The UK economy unexpectedly contracted in May for the second consecutive month, highlighting the mounting challenges facing both households and businesses as they continue to grapple with the aftershocks of U.S. tariffs and domestic tax hikes.
إشترك في أول نشرة بريدية في القطاع المصرفي
Banky - بنكي
لتستطيع اضافة تقييمات او تعليقات او استطلاع رأي