US markets closed mixed on Monday, with tech earnings and trade negotiations causing caution. Data showed TX manufacturing weakening. Asian markets mostly up.
Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from the vicinity of the $3,265-3,260 pivotal support and attracts fresh sellers during the Asian session on Tuesday.
The Gold price (XAU/USD) loses ground to around $3,335 during the early Asian session on Tuesday. The yellow metal edges lower amid a modest rebound of the US Dollar (USD) and a softening in tensions between the United States and China.
Stocks came in wobbly, and went up and down in their usual willful way. Gold and silver sustained an early smackdown, but in the end gained some ground.
Stocks were a mixed bag to start the week. The Dow secured a triple-digit gain and a fifth-straight win, while the S&P 500 just barely finished in the black for its own five-day win streak.
Gold prices pulled back from record highs but remain in an overall bullish trend, with key support at $3,260 and traders looking to buy dips above $3,000.
US markets closed higher on Friday, led by AI-related megacaps. Economic data showed weak consumer sentiment. Asian markets also rose despite trade uncertainty.
A dramatic confrontation between the White House and the Federal Reserve has been put off – for now. Come Tuesday, Trump said he has “no intention” of firing Powell before his term ends.
The US dollar initially fell against the Japanese yen during the week, but it eventually found enough support near the JPY140 level to turn things around and bounce quite significantly.
Mark Clubb: There is undoubtedly too much noise in financial advice today … dressed up as wisdom and too many professionals repeating slogans instead of offering substance…” We agree.
The real question in 2025 isn't just why gold is rising. It's who is doing the buying—and what that tells us about the future of capital flows, monetary governance, and geopolitical trust.
