Daily Reports

Gold climbs $100 from its intraday low

Daily Report

Gold prices bounced up about $100 (~Rs 1500) from their intraday lows as investors appeared to be shifting back to safe-haven assets due to a slowdown in the pace of discussions between Russia and Ukraine and less-than-expected US data.

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Gold vulnerable to the Risk-On sentiment

Daily Report

Following the U.S. and China’s agreement to significantly reduce tariffs, gold fell to its lowest level in almost a month, although it slightly recovered yesterday due to ongoing uncertainty surrounding the direction of trade talks.

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Gold slips on easing trade tensions

Daily Report

Gold prices have slipped by the easing of tariffs and the willingness of both the United States and China to listen and back off. The United States has contacted China for talks regarding President Donald Trump’s 145% tariffs, and Beijing is amenable to them.

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Gold might have topped out at $3500 in the short-term

Daily Report

Gold prices fell more than 3% yesterday after reaching $3500, and the market appears to have peaked in the short term. Markets are still digesting President Donald Trump’s softer tone on the U.S.-China trade war, as well as his turnaround on wanting to fire Federal Reserve Chair Jerome Powell.

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