• Tue, Mar 3, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

11 August 2025 10:56  |

Gold Under Pressure After Geopolitical Ease, Market Focuses on US Inflation

Gold prices fell on Monday (August 11th) due to easing geopolitical tensions, which dampened demand for safe-haven assets. The market is now shifting attention to US consumer inflation data due Tuesday, which is expected to determine the direction of the Fed's interest rate policy.

Pressure on gold emerged after President Donald Trump announced plans to meet with Russian President Vladimir Putin on August 15th in Alaska to negotiate a potential end to the conflict in Ukraine.

Gold prices at the time of writing were at $3,375/Toz.

- Buy if the price moves to around $3,382

- Sell if the price moves around $3,368

 

Resistance 2: $3,396

Resistance 1: $3,389

 

Support 1: $3,361

Support 2: $3,354

 

DISCLAIMER

Note: This article is analytical only and is not a definitive reference. Pay attention to fundamental and technical developments in trading before making investment decisions.

Source: Newsmaker.id(alg)

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 Pressured as Dollar Strengthens

Silver prices on Tuesday (5/27), pressured by a stronger U.S. dollar and easing demand for safe-haven assets. The dollar rebo...

28 May 2025 01:47
MARKET ANALISYS

Silver prices fall amid positive risk sentiment

Silver prices traded with a negative bias for the third straight day, despite lacking any bearish conviction during the Asian...

30 April 2025 13:00
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
BIAS23.com NM23 Ai