{"id":111217,"date":"2025-01-30T12:35:20","date_gmt":"2025-01-30T08:35:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=111217"},"modified":"2025-01-30T12:35:24","modified_gmt":"2025-01-30T08:35:24","slug":"gold-prices-steady-as-markets-weigh-feds-hawkish-stance-trade-war-risks","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-prices-steady-as-markets-weigh-feds-hawkish-stance-trade-war-risks\/01\/30\/market-updates\/","title":{"rendered":"Gold Prices Steady as Markets Weigh Fed\u2019s Hawkish Stance, Trade War Risks"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><\/h3>\n\n\n\n<p>Gold prices held steady in <strong>Asian trading on Thursday<\/strong>, as investors evaluated the <strong>Federal Reserve\u2019s firm stance on interest rates<\/strong> alongside rising uncertainty over <strong>U.S. tariffs<\/strong>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Spot gold (XAU\/USD)<\/strong> edged <strong>0.1% higher<\/strong> to <strong>$2,765.64 per ounce<\/strong>.<\/li>\n\n\n\n<li><strong>Gold futures (February contract)<\/strong> climbed <strong>0.3%<\/strong> to <strong>$2,803.39 per ounce<\/strong> by <strong>01:45 ET (06:45 GMT)<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Market Drivers<\/strong><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>1. Federal Reserve\u2019s Hawkish Outlook Weighs on Gold<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <strong>Fed left interest rates unchanged<\/strong>, with <strong>Chair Jerome Powell signaling no imminent rate cuts<\/strong>.<\/li>\n\n\n\n<li>Policymakers reiterated their commitment to <strong>keeping monetary policy restrictive<\/strong> until inflation <strong>shows sustained movement toward the 2% target<\/strong>.<\/li>\n\n\n\n<li><strong>Higher interest rates<\/strong> traditionally weigh on <strong>non-yielding assets like gold<\/strong>, making them <strong>less attractive<\/strong> compared to <strong>interest-bearing investments<\/strong>.<\/li>\n\n\n\n<li>The <strong>U.S. Dollar Index remained steady<\/strong>, limiting gold\u2019s upside potential.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>2. U.S. Trade Tariff Uncertainty Boosts Safe-Haven Appeal<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Trump\u2019s aggressive tariff plans<\/strong>\u2014including <strong>25% levies on imports from Canada and Mexico starting February 1<\/strong>\u2014have raised concerns about <strong>trade tensions and inflationary pressures<\/strong>.<\/li>\n\n\n\n<li>Analysts believe <strong>safe-haven demand for gold could increase<\/strong> if <strong>tariff escalations lead to heightened market volatility<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Other Precious Metals Gain<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Platinum futures<\/strong> climbed <strong>1.1%<\/strong> to <strong>$993.75 per ounce<\/strong>.<\/li>\n\n\n\n<li><strong>Silver futures<\/strong> rose <strong>1%<\/strong> to <strong>$31.70 per ounce<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Market Outlook<\/strong><\/h3>\n\n\n\n<p>With <strong>sticky inflation, a strong dollar, and persistent trade uncertainties<\/strong>, gold traders remain <strong>cautious<\/strong>. While <strong>higher interest rates<\/strong> limit gains, <strong>safe-haven demand could provide support<\/strong> if geopolitical risks escalate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices held steady in Asian trading on Thursday, as investors evaluated the Federal Reserve\u2019s firm stance on interest rates alongside rising uncertainty over U.S. tariffs. Spot gold (XAU\/USD) edged 0.1% higher to $2,765.64 per ounce. Gold futures (February contract) climbed 0.3% to $2,803.39 per ounce by 01:45 ET (06:45 GMT). Key Market Drivers 1. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":110167,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,37,36],"tags":[6874,6897],"class_list":["post-111217","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates","tag-gold","tag-trump"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=111217"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111217\/revisions"}],"predecessor-version":[{"id":111219,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111217\/revisions\/111219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/110167"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=111217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=111217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=111217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}