Is inflation 'looming everywhere'? Gold, oil, and stock markets are showing warning signals simultaneously.
Analysts say that the signals from the financial markets are mixed, and it is premature to infer "significant inflation increase" based solely on the potential impact of Trump's tariff policy.
Trump's decision to cease fire in the Middle East sparked a 'bloodbath' in gold! Gold prices plunged more than 53 dollars. How to trade gold?
At the end of Monday's Asian market, spot gold continues to show a significant decline during the day, with the current gold price around $2,662 per ounce, plummeting more than $53 during the day. FXStreet analyst Haresh Menghani pointed out that the nomination of Bensent as Secretary of Treasury by elected President Trump has cleared a major point of uncertainty in the market.
If inflation resurges, gold, crude oil product, and copper will likely not withstand it.
Since the usa election, gold, crude oil product, and copper have all declined. If Trump 2.0 brings inflation back, resisting inflation will not be easy.
Trump's important decision triggers a major drop in the dollar, while the gold price still plummeted by nearly 50 dollars. The reason is here!
During the Asian market on Monday, despite a sharp decline in the US dollar, the price of gold still faced intense selling pressure, currently trading near $2666 per ounce, plunging nearly $50 within the day. A recent analysis by Reuters on Monday in the United Kingdom stated that due to profit-taking by investors and traders adjusting their expectations for a Fed rate cut, the price of gold sharply retreated from the three-week highs reached during the day.
Did Trump's major decision trigger the market? Spot gold once fell more than $60.
On Monday, the Asian session saw a huge shake-up in gold, with investors profit-taking one after another, indicating a possible shift in favor of gold sellers.
Institutions: Investors have a sentiment to reduce their gold positions.
Gelonghui, November 25 | uob analysts noted in a comment that, supported by safe-haven demand, precious metals broke through the $2700 per ounce mark for the first time in more than two weeks last Friday. nanhua futures analysts pointed out that due to the continued sentiment among investors to reduce gold positions, there may be a pullback in gold prices after reaching the peak.