ECONOMY and TRADE

Thursday 21 August 2025 - 23:25

ECONOMY and TRADE NEWS SERVICE

Gold price edges up as market awaits Fed minutes, Powell speech

me-metals: Gold edged higher on Wednesday as investors await the minutes of the US Federal Reserve’s last policy meeting and upcoming Jackson Hole symposium for clues on future interest rate moves.

Seven Minutes ago

UBS lifts 2026 gold forecasts on US macro risks

me-metals: Analysts at UBS have lifted their gold price targets for next year in anticipation of higher safe-haven demand from persistent US macroeconomic risks and de-dollarization trends.

twenty-two Hours ago

Gold price stays flat following July inflation data

me-metals: Gold was little moved on Tuesday following fresh US inflation data that bolstered the likelihood of a Federal Reserve rate cut in September.

Three Days ago

HSBC sees silver benefiting from gold strength, lifts forecast

me-metals: Silver is set to benefit from the underlying strength in the gold market in the coming years, says HSBC, as it lifts its price outlook for the white-colored metal from 2025 to 2027.

Four Days ago

Trump says gold imports won’t be tariffed in reprieve for market

me-metals: President Donald Trump said Monday imports of gold will not face US tariffs, weighing in after a federal ruling caused chaos and confusion in global bullion markets.

Six Days ago

A global market based on gold bars shudders on tariff threat

me-metals: The global gold market relies on a network of banks, refineries and couriers that can fly bullion between key trading hubs at a moment’s notice in pursuit of the highest prices. On Friday, a...

Seven Days ago

Gold price could hit $4,000 by year-end, says Fidelity

me-metals: Gold prices could be heading towards $4,000 per ounce by the end of this year as the Federal Reserve begins to cut rates and the US dollar continues its decline, according to Canadian investment...

Eighteen Days ago

Gold price retreats to near 3-week low on US-EU trade deal

me-metals: Gold prices retreated to a near three-week low on Monday as the freshly struck US-EU trade accord lifted risk sentiment and diminished the appeal of safe havens.

twenty-two Days ago

Gold price eases after Trump downplays clash with Fed chair Powell

me-metals: Gold extended a decline on Friday as the dollar rose after Donald Trump downplayed his clash with Federal Reserve Chairman Jerome Powell, easing concerns around the central bank’s independence.

twenty-five Days ago

Gold price to hit $3,600 this year and next: CIBC

me-metals: Despite gold’s recent slump, CIBC Capital Markets still expects the yellow metal to reach new heights this year, with prices averaging $3,600 per ounce in the second half.

twenty-seven Days ago