Gold prices edged lower on Wednesday, retreating from a recent two-week peak of $3,394 under pressure from a resurgent US dollar. Despite ongoing political turbulence surrounding efforts to remove a Federal Reserve governor, the precious metal remains supported by broader uncertainties in monetary policy.During the American trading session, gold was …
Read More »Gold Retreats as Dollar Recovers Amid Trump-Fed Dispute
Gold prices pulled back in Asian trade on Wednesday after earlier climbing to a more than two-week high, as markets weighed renewed concerns over U.S. Federal Reserve independence following President Donald Trump’s attempts to remove Governor Lisa Cook. The yellow metal initially surged on Monday after Trump announced Cook’s immediate …
Read More »The Battle Over Lisa Cook’s Ousting Explained
On August 26, 2025, President Donald Trump announced his intention to fire Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud in a move that has sparked intense debate over the independence of the Federal Reserve. This unprecedented action marks the first time a U.S. president has attempted to …
Read More »Gold Rises as Fed Independence Concerns Fuel Safe-Haven Demand
Gold Gains on Political UncertaintyGold prices climbed in Asian trading on Tuesday as investors sought safety after U.S. President Donald Trump moved to fire Federal Reserve Governor Lisa Cook, raising concerns over the central bank’s independence. Spot gold rose 0.3% to $3,375.29 per ounce, while October futures were up 0.2% …
Read More »Gold Gains Ground and Consolidates as Fed Signals Potential Rate Cuts
Gold has been on the rise, recently hitting a two-week high, as the US Dollar has stabilized and a key speech from the Federal Reserve (Fed) Chair hinted at future interest rate cuts. This move in the precious metal follows a rally driven by comments at the Jackson Hole Symposium, …
Read More »Silver Shines Bright, Eyes Fresh Highs Amid Bullish Breakout
Silver is consolidating its recent gains, holding strong near a one-month high after a significant bullish breakout. The metal’s surge was driven by expectations of an upcoming interest rate cut from the Federal Reserve, which weighed on the US Dollar and Treasury yields, creating a favorable environment for precious metals.The …
Read More »Oil Prices Exhibit Mixed Movements Amid Inventory Draws and Geopolitical Uncertainties
Oil prices displayed divergent trends in recent trading sessions, with West Texas Intermediate holding steady near $64.74 per barrel after a marginal decline of 0.02%, while Brent crude advanced 0.60% to close at $68.19 per barrel. These movements come amid a backdrop of fluctuating demand signals and supply concerns, as …
Read More »Gold Slips as Risk Appetite Grows Despite Powell’s Dovish Comments
Gold Loses Momentum After Friday’s RallyGold prices edged lower in Asian trading on Monday, easing back after a strong rally last week fueled by dovish signals from Federal Reserve Chair Jerome Powell. Spot gold slipped 0.2% to $3,363.88 per ounce, while December gold futures declined 0.3% to $3,408.00/oz by 01:30 …
Read More »Oil Prices Steady After Strong Weekly Gains
Oil prices held largely steady in Asian trade on Monday, consolidating sharp gains from last week. Market sentiment was supported by fading expectations of an imminent Russia-Ukraine ceasefire and dovish signals from the U.S. Federal Reserve pointing to a possible rate cut in September. As of 21:20 ET (01:20 GMT), …
Read More »This Week: Fed’s Shift in Tone on Interest Rates Upends Markets
As of today, Monday, August 25, 2025, markets are waking up to a new and completely different landscape from the beginning of last week’s trading. The final week, which concluded on August 22, 2025, was a complex work of art on which the U.S. Dollar’s (USD) movements charted a path …
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