Gold, dollar
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Gold Prices Rise
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Gold rebounds from the support of the ascending triangle and looks for its next move, while silver is forming a cup pattern above the $35 support level.
Gold prices nudged higher on Thursday as rising trade tensions steered market participants toward the safety of bullion, though gains were limited by an uptick in the dollar.
Gold dips below $3,300 as investors weigh safe-haven demand against a strong dollar and global economic uncertainty.
Gold's performance is influenced by geopolitics, trade wars, and central bank reliance, with negative consequences affecting the dollar index and gold.
As de-dollarization gains momentum, rising central bank gold purchases and widening currency swings signal that investors should hedge by keeping a modest 5%–10 % gold allocation and diversifying into select assets not denominated in dollars.
Drawing on fresh data, historical parallels, and economic indicators, Maharrey lays out a compelling case: the dollar is in trouble, and gold is emerging as the true safe haven.
Silver holds near $36.30 as Fed rate cut hopes and Trump tariffs weaken the dollar, offering traders a supportive backdrop for silver price analysis.
Gold prices rebounded on Friday and were heading for a weekly gain, helped by a retreat in the U.S. dollar and safe-haven inflows, as U.S. President Donald Trump's deadline for trade deals loomed.
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