Gold reaches new records on safe-haven demand and US dollar weakness
XAU/USD demand is being fuelled by lingering geopolitical and trade tensions, a weak greenback, and broader currency debasement trends.
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XAU/USD demand is being fuelled by lingering geopolitical and trade tensions, a weak greenback, and broader currency debasement trends.
XAU/USD extends its rally to new record highs amid heightened geopolitical and trade uncertainty, after President Trump announced extra tariffs on European nations until Greenland is sold to the United States.
USOIL drops as Trump backs off from military action on Iran, easing supply disruption risks and bringing lingering glut prospects back into focus.
The precious metal has broken above $90 per ounce, driven by US dollar weakness linked to Fed independence concerns, geopolitical risk-off flows, and demand from AI, cleantech and defence.
USOIL mixed as markets assess protests in Iran and President Trump weighing military options, as well as the challenges of restoring Venezuela’s production capacity, but broader supply–demand dynamics remain unfavourable.
OPEC+ has extended oil production cuts to 2026 due to weak demand, keeping output capped at 39.725 million bpd. Despite these measures, analysts expect prices to remain low amid uncertainty and potential policy shifts under President-elect Trump.
Copper breached 4.000 for the first time in four months as markets assess Trump’s potential impacts, but finds tries to find reprieve after China announced the end of export tax rebates
The pair heads towards a losing as markets try to decode the potential impact of a Trump administration amid pro-oil policy and China tariff threats
Oil prices fell over 4% as Israeli airstrikes in Iran avoided oil facilities, calming supply fears. Rising production levels have also added to oversupply pressures on the market.
Copper gets a double boost, since after the Fed’s jumbo cut, its Chinese counterpart announced a series of stimulus measures, including support for the ailing property sector
Gold recently hit a record high, driven by expectations of further Federal Reserve rate cuts and rising geopolitical tensions. Despite strong momentum, signs of overbought conditions and potential short-term volatility suggest caution. However, ongoing global risks and political uncertainty could continue to support further gains.
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