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

Indonesia News Portal for Traders | Financial & Business Updates

30 April 2025 00:38  |

Gold Drops Near 1% Again

Gold fell nearly 1% on Tuesday as signs of easing U.S.-China trade tensions eased some safe-haven demand, while investors awaited key economic data this week to gauge the outlook for Federal Reserve policy.

The easing trade tensions have prompted a sell-off in gold as a hedge against rising global volatility, which rallied in an unprecedented manner to hit a record high of $3,500.05/oz last week.

RECOMMENDATIONS

- Buy if price moves to $3,328

- Sell if price moves to $3,318

 

Resistance Level 2: $3,342

Resistance Level 1: $3,335

 

Support Level 1: $3,311

Support Level 2: $3,304

 

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