Gold's Renewed Push to Highs

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Gold's Renewed Push to Highs

Gold's Renewed Push to Highs

The price of gold is rising for the fourth week, having added over 2.5% in the last five days. With the price of an ounce around 2750 dollars, the price has reached the area of historical highs at 2793. The dynamics indicate the completion of the corrective pullback and a new attempt to storm the historical highs. Among the reasons for growth is the threat of tariffs from the US. These threats are building traction into security. It also caused the rest of the world to ramp up domestic stimulus, pressuring national currencies and pushing up commodity prices, including gold. The stalled dollar rally is also on the side of bullion buyers.

Technically, a consolidation above 2800 would open a direct path to the 3400 area, which is more than 20% above current levels.

By the FxPro Analyst Team

規制: FCA (UK), CySEC (Cyprus), SCB (The Bahamas), FSCA (South Africa)
read more
Daily Global Market Update – 2nd April, 2025

Daily Global Market Update – 2nd April, 2025

Global financial markets are navigating a landscape of caution and anticipation as investors brace for US President Donald Trump’s impending announcement on reciprocal tariffs. The uncertainty surrounding these tariffs is driving divergent performances across asset classes, with safe-haven assets like silver gaining momentum while risk-sensitive commodities such as oil face downward pressure.
Moneta Markets | 15分前
A worrisome lull in crypto

A worrisome lull in crypto

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: A worrisome lull in crypto
FxPro | 48分前
Markets hold their breath for ‘Liberation Day’ 

Markets hold their breath for ‘Liberation Day’ 

Trump to announce his tariff decisions at 20:00 GMT; All bets about Trump’s stance and the tariffs’ start date are on; Risk appetite to be supported by a softer set of announcements; US data could further increase concerns about stagflation;
XM Group | 1時14分前
Crypto Pro News Flash

Crypto Pro News Flash

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto Pro News Flash
FxPro | 2時8分前
ATFX Market Outlook 2nd April 2025

ATFX Market Outlook 2nd April 2025

U.S. manufacturing contracted in March after two months of growth. The S&P 500 and Nasdaq closed higher on Tuesday, while market sentiment remained cautious ahead of the Trump administration’s tariff announcement. The Dow Jones dipped 0.03%, while the S&P 500 gained 0.38%, and the Nasdaq rose 0.87%.
ATFX | 5時14分前