{"id":117248,"date":"2025-07-31T11:46:15","date_gmt":"2025-07-31T07:46:15","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=117248"},"modified":"2025-07-31T11:46:19","modified_gmt":"2025-07-31T07:46:19","slug":"gold-prices-rebound-amid-trade-tariff-jitters-feds-stance-limits-gains","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-prices-rebound-amid-trade-tariff-jitters-feds-stance-limits-gains\/07\/31\/market-updates\/","title":{"rendered":"Gold Prices Rebound Amid Trade Tariff Jitters, Fed&#8217;s Stance Limits Gains"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Gold prices rebounded from one-month lows in Asian trade on Thursday, as escalating trade tariff concerns ahead of President Donald Trump\u2019s looming deadline increased demand for safe-haven assets like gold.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Gold Price Movements:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Spot Gold<\/strong> rose 0.8% to <strong>$3,301.21<\/strong> an ounce, marking a recovery after a recent dip.<\/li>\n\n\n\n<li><strong>Gold Futures<\/strong> remained mostly unchanged at <strong>$3,352.70<\/strong>\/oz by 02:08 ET (06:08 GMT).<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Factors Driving Gold&#8217;s Rebound:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Trade Tariff Concerns<\/strong>: Markets were focused on the impending <strong>August 1 deadline<\/strong> for new tariffs announced by President Trump. His recent trade actions, including a <strong>15% tariff<\/strong> on South Korean imports and <strong>25% tariffs on Indian goods<\/strong>, have heightened <strong>tariff-related jitters<\/strong>, triggering a flight into <strong>safe-haven assets<\/strong> like gold.<\/li>\n\n\n\n<li><strong>Uncertainty Around U.S. Trade<\/strong>: A <strong>Politico report<\/strong> revealed that Trump intends to sign executive orders on Thursday to impose higher tariffs on countries that have failed to reach trade deals, further escalating uncertainty.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Market Response to Fed&#8217;s Decision:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Federal Reserve&#8217;s Stance<\/strong>: On Wednesday, the <strong>Federal Reserve<\/strong> held rates steady at <strong>4.25%\u20134.50%<\/strong>, as expected. However, Chairman <strong>Jerome Powell&#8217;s comments<\/strong> dampened market expectations for a <strong>September rate cut<\/strong>, which capped gold\u2019s rebound.<\/li>\n\n\n\n<li><strong>Impact on Gold<\/strong>: Gold typically becomes less attractive when interest rates are high, as it offers no yield. The <strong>Fed\u2019s hawkish outlook<\/strong> diminished hopes for near-term cuts, which limited gold&#8217;s gains.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Impact on Other Commodities:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Copper Prices<\/strong>: <strong>U.S. Copper Futures<\/strong> plummeted 4.2%, to <strong>$4.43 per pound<\/strong>, following Trump\u2019s announcement of a <strong>50% tariff on semi-finished copper products<\/strong> starting <strong>August 1<\/strong>. This led to a <strong>19% intraday decline<\/strong>, marking the largest-ever drop for copper futures.<\/li>\n\n\n\n<li><strong>Platinum<\/strong>: <strong>Platinum Futures<\/strong> rose by 1.8% to <strong>$1,339.05\/oz<\/strong>, benefiting from the overall rise in metal prices due to trade tensions.<\/li>\n\n\n\n<li><strong>Silver<\/strong>: <strong>Silver Futures<\/strong> declined by 1.4%, trading at <strong>$37.218 per ounce<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><\/h3>\n\n\n\n<p>As the <strong>U.S.-EU trade deal<\/strong> and <strong>U.S.-Japan trade deal<\/strong> temporarily eased market fears, <strong>gold<\/strong> and other safe-haven assets have seen some selling pressure, but tariff uncertainties persist. Investors will closely monitor <strong>trade developments<\/strong> and the <strong>Fed&#8217;s policy stance<\/strong> in the coming days for further clues on market direction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices rebounded from one-month lows in Asian trade on Thursday, as escalating trade tariff concerns ahead of President Donald Trump\u2019s looming deadline increased demand for safe-haven assets like gold. Gold Price Movements: Spot Gold rose 0.8% to $3,301.21 an ounce, marking a recovery after a recent dip. Gold Futures remained mostly unchanged at $3,352.70\/oz &hellip;<\/p>\n","protected":false},"author":9,"featured_media":81892,"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":[38,6827,49,37,36],"tags":[],"class_list":["post-117248","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117248","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=117248"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117248\/revisions"}],"predecessor-version":[{"id":117249,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117248\/revisions\/117249"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/81892"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=117248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=117248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=117248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}