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

Indonesia News Portal for Traders | Financial & Business Updates

24 April 2025 00:30  |

Gold Down After Trump’s Comments On Fed, China

Gold fell for a second day on Wednesday as the White House took a more cautious stance on the Federal Reserve’s independence and investors weighed comments from the Trump administration on trade.

President Donald Trump said Tuesday that U.S. tariffs “will come down substantially but they won’t go to zero,” and that he didn’t see a need to “play hardball” with Chinese leader Xi Jinping. However, Treasury Secretary Scott Bessent said Wednesday that Trump has not offered to unilaterally lower U.S. tariffs on China.

RECOMMENDATIONS

- Buy if price moves to $3,292

- Sell if price moves to $3,282

 

Resistance Level 2: $3,306

Resistance Level 1: $3,299

 

Support Level 1: $3,275

Support Level 2: $3,268

Note:

This article is analysis only and is 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