Gold prices slipped on Tuesday as investors booked profits following a record high, yet remained bullish amidst fears of a global trade war spurred by U.S. President Donald Trump’s new tariffs.
neal bhai
My name is Neal Bhai. I’m a Technical Analyst based in Delhi. I spend a lot of time to market analysis for traders and try to understand global market. We provide you with the latest breaking news, Share Market Tips and Commodity Tips.
Volatility in gold and silver prices will continue this week
“We expect gold (XAU/USD) and silver (XAG/USD) prices to remain volatile this week amid volatility inthe dollar index and concerns over the US tradewar and ahead of US Fed chairman’s testimony,”.
Weekly Commodity Technical Analysis and Forecast 10 To 14 January 2025
Top 5 Commodity Technical Analysis and Forecast from 10th to 14th January 2025 by Neal Bhai.
Gold nears all-time high as Trump’s tariff threats boost safe-haven demand
Gold prices firmed on Monday, and hovered near a record high hit in the previous session, as investors sought refuge in the safe-haven asset after U.S. President Donald Trump’s decision to impose fresh tariffs sparked concerns of a global trade war.
Will the price of gold continue to rise in the long term?
Gold hit new record highs in both domestic and overseas markets last week. Uncertainty over US trade tariffs boosted gold’s safe-haven appeal. Strong overseas prices, a record weak Indian rupee and steady demand lent additional support to domestic prices.
Gold hits new low near $2,859 after NFT
Gold prices on Friday pared early gains after the release of the US labor market report for January 2025 and closed near $2,859.88 an ounce.
MCX Copper Hits 4-Month High 859
Copper futures rose to nearly $4.50 per pound on Thursday, marking a four-month high.
The rally was driven by a sharp decline in the US dollar and easing concerns over a global trade war.