A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
An increase of the indicator value may contribute to the rise in quotes of Gold.
No change of the indicator value may reduce the volatility of the related markets.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
Gold prices climbed nearly 1%, according to the website Kitco News. The rally was driven by a 0.6% decline in the US dollar index, fueled by economic slowdown, uncertainty over American trade policy, and a court ruling challenging some of President Donald Trump's tariffs.
Gold has partially recovered after losing ground earlier this week. In recent days, the price of the precious metal has increased due to a decision by the US Federal Appeals Court to delay the cancellation of President Donald Trump's tariffs.
Analysts at Goldman Sachs advise adding gold and oil to long-term portfolios. The strategy is particularly relevant as concerns grow over the stability of the US economy.
Gold prices fell to a one-week low of $2,350 an ounce on Thursday after a US federal court suspended part of President Donald Trump's tariffs, which were enacted on his proclaimed "Liberation Day."
The ECB has recently addressed the connection between the record growth of the gold market and risk perception in financial markets. Investing in the yellow metal in turbulent times is attractive due to the absence of counterparty risk if gold is held in physical form.
Gold imports to Switzerland from the United States more than doubled in April, reaching their highest levels since 2012, Reuters reports, citing Swiss customs data. According to the news agency, this significant increase followed the official exclusion of precious metals from the US import tariffs.
The current correction in the precious metals market is a result of easing trade tensions. However, as Francisco Blanche from Bank of America Securities believes, in the second half of 2025, gold and silver will continue to rise in price against the background of increased instability.
Gold is not just glitter and beauty, but also a key asset in the financial sector.
Gold appears to be something more than just a metal. It is an indicator of economic stability and a tool for managing finances.
Staying up-to-date with the latest gold news is a key to successful management of your funds.