ECONOMY and TRADE

Gold price retreats to one-week low on US tariff delay

me-metals: Gold prices retreated on Monday as market concerns eased after US President Donald Trump announced an extension to the upcoming tariff deadline while reiterating that several trade deals are...

Eight Days ago

HSBC ups gold price outlook for 2025 and 2026

me-metals: HSBC has raised its average gold price forecasts for the next two years, citing heightened geopolitical risks and strong investor demand for bullion, as Reuters first reported.

Thirteen Days ago

Gold price falls 2% on US-China trade agreement

me-metals: Gold prices fell by nearly 2% on Friday, tracking towards a second straight weekly loss, as news of a US-China trade agreement diminished investors’ appetite for the safe-haven metal.

Sixteen Days ago

Gold price extends rally following Israeli attack on Iran

me-metals: Gold extended its rally on Friday as investors fled to the precious metal following Israel’s attack on Iran, re-igniting fears of a broader conflict in the Middle East.

One last month

Gold surpasses euro as second-largest reserve asset: European Central Bank

me-metals: Gold, driven by record purchases and surging prices, has overtaken the euro as the second most important reserve asset behind the dollar, says the European Central Bank (ECB).

One last month

Bank gold traders reaped $500 million as tariff panic set in

me-metals: Precious metals traders at top banks including JPMorgan Chase & Co. and Morgan Stanley posted their best performance in five years in the first quarter, in part thanks to an arbitrage opportunity...

One last month

Gold price inches higher with spotlight on US-China trade talks

me-metals: Gold prices inched higher on Monday as the market gauges how ongoing US-China trade negotiations will take shape.

One last month

Gold price surges near one-month peak as geopolitical risks mount

me-metals: Gold prices rallied to a near one-month high on Monday, as a combination of geopolitical risks and economic uncertainty fuelled investor demand for safe-haven assets.

One last month

Gold price drops 1% following Trump comments, inflation data

me-metals: Gold prices dropped more than 1% on Friday as markets digested the latest tariff developments, while a softer inflation report in the US kept hopes for a rate cut alive.

One last month

Gold price rebounds to $3,300 as market digests court ruling on Trump tariffs

me-metals: Gold prices returned above $3,300 an ounce on Thursday as the market assesses the implications of a court ruling that blocked most of US President Donald Trump’s tariffs.

One last month