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.
USOil slides on oversupply concerns after the US arrested Maduro with a military operation in Caracas and US President Trump pledged to rebuild Venezuela’s oil industry, but that could take time.
XAU/USD and XAG/USD both rise to new all-time highs buoyed by intensifying geopolitical frictions, while overarching structural demand forces can fuel further advance
USOIL rebounds from nearly five-year lows after US President Trump announced a blockade of sanctioned oil tankers entering and leaving Venezuela, boosting the geopolitical risk premium.
Silver is pushing to fresh records on Fed-cut expectations and tight supply, with speculative inflows adding fuel, though overbought signals suggest any dip is likely to be seen as a buying opportunity.
USOIL tries to maintain its momentum from last week’s advance amid Fed rate cut bets and ongoing Ukraine war, but supply-demand dynamics remain unfavorable.
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.
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