• Mon, Mar 2, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

5 March 2025 18:26  |

Gold Holds in Europe

Gold held steady around $2,915 an ounce on Wednesday, staying close to a record, supported by a weaker U.S. dollar and safe-haven demand amid U.S. tariffs.

Trump’s 25% levies on Mexican and Canadian imports took effect Tuesday, along with a hike in Chinese tariffs to 20%, escalating trade tensions and prompting retaliation. However, U.S. Commerce Secretary Howard Lutnick suggested possible tariff relief for Canada and Mexico.

RECOMMENDATIONS

- Buy if price moves to $2,918

- Sell if price moves to $2,908

 

Resistance Level 2: $2,932

Resistance Level 1: $2,925

 

Support Level 1: $2,901

Support Level 2: $2,894

Note:

This article is only analysis and not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

Related News

MARKET ANALISYS

Gold Prices Steady Ahead of US CPI Data

Gold prices rose on Wednesday (15/1) as the US dollar and Treasury yields weakened, while market participants awaited US infl...

15 January 2025 17:15
MARKET ANALISYS

Silver Trades Stagnant as US Dollar Rebounds

Silver (XAG/USD) prices edged lower, the white metal facing pressure as the US Dollar (USD) rallied strongly after President ...

22 January 2025 01:49
MARKET ANALISYS

Akankah Perak Membuat ATH Terbarunya?

Saat berita ini rilis, perak berada di Area $33.842. Perak cenderung naik pada siang ini, hal ini didukung oleh ketidakpast...

29 October 2024 10:46
MARKET ANALISYS

Akankah Silver Kembali ke Level $34?

Perak kembali ke level $33 setelah kemarin sempat menyentuh area $34. Hal ini terjadi masih didukung oleh ketidakpastian se...

31 October 2024 07:39
BIAS23.com NM23 Ai