Gold prices rose as the US dollar weakened and geopolitical tensions increased. The decline in the dollar and US Treasury yields provided relief to non-yielding assets. Dovish comments from Fed Governor Christopher Waller pressured the dollar, while markets anticipated signals from Fed Chair Jerome Powell. Additionally, trade policy uncertainties regarding new tariffs and geopolitical unrest, especially from Russia and the Middle East, solidified gold's status as a safe-haven investment in uncertain times.
Gold prices have climbed in response to a weaker US dollar and the resurgence of geopolitical risks, which are enhancing the appeal of non-yielding assets like gold.
The US dollar and Treasury yields falling has provided relief for investors looking at non-yielding assets, as gold prices continue to rise amid uncertainty.
Dovish comments from Fed Governor Christopher Waller have added downward pressure on the dollar, prompting investors to seek safer assets.
Geopolitical tensions, particularly due to Russia's aggression and elevated Middle Eastern tensions, have further reinforced demand for gold as a safe-haven asset.
Collection
[
|
...
]