• Mon, Feb 9, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

25 April 2025 11:02  |

Gold Prices Still Stable in the $3,300 area

Gold price (XAU/USD) struggles to capitalize on the previous day's move higher and oscillates in a narrow trading band during the Asian session on Friday amid mixed fundamental cues. Signs of easing tensions between the US and China – the world's two largest economies – remain supportive of a positive tone around the equity markets. Apart from this, a modest US Dollar (USD) uptick turns out to be another factor that contributes to keeping a lid on the precious metal.

Meanwhile, Federal Reserve (Fed) officials showed willingness for potential interest rate cuts, which might cap the USD upside and act as a tailwind for the non-yielding Gold price. Moreover, worries about the potential economic fallout from US President Donald Trump's trade tariffs and persistent geopolitical uncertainties suggest that the path of least resistance for the safe-haven commodity remains to the upside, warranting some caution for aggressive bearish traders.

Source: FXStreet

Related News

GOLD

Gold Down as Dollar Strength Outweighs Safe-haven Demand

Gold fell slightly after President Donald Trump imposed tariffs on imports from Canada, Mexico and China, with the surging do...

3 February 2025 07:33
GOLD

Gold Down as Trump Tariff Surprise Triggers Selloff from Re...

Gold is moving further away from its recent record high, swept away by the pessimistic mood sweeping global markets following...

4 April 2025 17:54
GOLD

Gold Extends Rally To $3,086, Hits New All-Time High

Gold (XAU/USD) price hit another record on Friday (3/28), hitting a new all-time high of $3,086 for now and is trading around...

28 March 2025 17:38
GOLD

Gold Faces Selling Pressure Ahead Of PCE And Tariffs Due La...

Gold (XAU/USD) price is pulling back from its recent record high, currently standing at $2,800.93, with profit-taking still o...

31 January 2025 18:00
BIAS23.com NM23 Ai