empty
 
 

22.01.202607:54:33UTC+00Gold Pares Losses

Gold prices remained steady at around $4,830 per ounce on Thursday, recovering from earlier declines to stay near record highs as geopolitical risks continued to weigh on market sentiment. President Donald Trump pulled back from his earlier tariff threat against Europe linked to Greenland, stating that a resolution was nearing concerning the dispute over the Arctic island. He also dismissed the possibility of utilizing military action, alleviating fears of potential US military involvement. Nevertheless, uncertainty persisted as Denmark reiterated its refusal to negotiate the transfer of Greenland to the US, and European lawmakers suspended the ratification of the EU–US trade agreement made in July. Concurrently, a significant selloff in Japanese government bonds posed spillover risks, maintaining some degree of safe-haven demand. As investors anticipate the delayed US Personal Consumption Expenditures (PCE) inflation report later today, they seek insights regarding the Federal Reserve's forthcoming interest rate strategy.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback