Gold MYR 494.47 / g
Silver MYR 5.59 / g
MYR 1.00 = USD 0.24

Blog / Articles

Trump Tariffs & Dollar Strength Weigh on Gold

March 26 (Reuters) - Gold prices edged down on Wednesday as the U.S. dollar ticked up, while market participants braced for U.S. President Donald Trump's sweeping reciprocal tariff plans, which they fear will fuel inflation and hinder economic growth.

26

Mar
Gold remains the standout asset as global trade war sinks equity markets

The gold market continues to drive toward $3,000 an ounce and it remains the standout asset in a world filled with economic uncertainty and geopolitical turmoil, according to one fund manager.

14

Mar
Gold eases as Treasury yields climb, eyes on US jobs data

March 6 (Reuters) - Gold prices dipped on Thursday due to rising U.S. Treasury yields and profit-taking, while market attention turned to Friday's payrolls data for insights into the Federal Reserve's monetary policy move.

07

Mar
U.S. Dollar weakens as gold prices hold near historic highs

Gold continues to demonstrate remarkable strength in early 2025, trading near record levels while the U.S. dollar faces mounting pressure. The precious metal reached an unprecedented closing price of $2,957 per ounce on Thursday, February 13, marking a significant surge from its December position of $2,600.

21

Feb
Goldman Sachs raises year-end gold price forecast to $3,100

Feb 17 (Reuters) - Goldman Sachs on Monday raised its year-end 2025 gold price forecast to $3,100 per ounce, up from $2,890, citing sustained central bank demand.

18

Feb
Gold off record highs as Fed's Powell douses rate-cut hopes

Feb 12 (Reuters) - Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Federal Reserve Chair Jerome Powell's hawkish comment cemented views of slower rate cuts this year, while investors awaited a key U.S. inflation report.

12

Feb
Gold at session highs against British pound as BoE cuts interest rates

The gold market continues to make new highs in global currency markets in particular the British pound as the Bank of England cuts interest rates for a third time this easing cycle.

07

Feb
Trump uncertainties push safe-haven gold to near all-time high

Jan 22 (Reuters) - Gold prices soared to near three-month highs on Wednesday, trading just below its record peak, fuelled by a soft dollar and lack of clarity around U.S. President Donald Trump's policy plans, which investors fear could trigger trade wars and elevate market volatility.

23

Jan
Gold Faces $2,700 Resistance Amid Rising CPI

Gold prices are once again testing resistance just below $2,700 an ounce as U.S. inflation data supports the Federal Reserve’s easing cycle.

16

Jan
Gold Holds Steady as Fed Nears Neutral Rate

The gold market continues to hold its ground even as the Federal Reserve strikes a more hawkish tone due to stubborn inflation pressures, according to the minutes from the December monetary policy meeting.

09

Jan