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2025-03-04 | Market Analysis
Market Recap On Monday, gold soared over $30 as safe-haven demand surged following Trump’s confirmation that 25% tariffs on Mexico and Canada will take effect on March 4. A weaker dollar also supported the rally, with gold closing at $2,893.67/oz. Meanwhile, oil prices tumbled nearly 2% after OPEC+ unexpectedly announced plans to restore output from […]
2025-02-28 | Market Analysis
Market Recap On Thursday, the US dollar soared past 107 as Trump’s tariff schedule became clearer, putting pressure on gold. The metal dropped over $50 from its daily high, closing down more than 1% at $2,876.99 per ounce. Meanwhile, crude oil rebounded over 2%, with WTI crude futures climbing back above $70 per barrel, driven […]
2025-02-27 | Market Analysis
Market Recap Gold recovered after testing lows, closing near flat as tariff uncertainty provided support. Meanwhile, oil extended losses, closing below $69 as rising U.S. fuel inventories and prospects of a Russia-Ukraine peace deal weighed on prices. Gold Overview Gold saw choppy trading on Wednesday, briefly dipping to $2,890.75 before rebounding above $2,910 amid ongoing tariff […]
2025-02-26 | Market Analysis
Market Recap Gold briefly fell below $2,900 per ounce on Tuesday as investors took profits, but safe-haven demand from Trump’s tariff plans and a weaker dollar helped prices recover. Meanwhile, crude oil dropped to a two-month low as weak economic data from the U.S. and Germany raised concerns about slowing energy demand, and Iraq signed […]
2025-02-25 | Market Analysis
Market Recap On Monday, gold reached a record high amid rising safe-haven demand and increased holdings by the world’s largest gold-backed ETF. Gold briefly touched $2,956.23, marking its 11th record high of the year, before closing at $2,952.29 per ounce. Meanwhile, oil edged higher as new U.S. sanctions on Iran and Iraq’s commitment to balance […]
2025-02-21 | Market Analysis
Gold sets a new record for the 10th time this year amid economic uncertainty, while oil extends its rally for the third day in a row.
2021-09-30 | Market Dive
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