• UAE
  • International
  • Technology
  • Government
thedubaiheadlines
Website Header
| |
  • Home
  • Business
    • CEO
    • Founder
    • Realtor
    • Entrepreneur
    • Journalist
  • Cryptocurrency
  • Events
  • Health
    • Doctor
    • Plastic surgeon
    • Beauty cosmetics
  • Life Style
  • Sports
    • Athlete
    • Fitness Trainer
    • Coach
  • Sustainability
  • Tourism
Reading: Gold hits two-week high on safe-haven demand ahead of Fed policy – Business – Gold and Currency
Share
thedubaiheadlinesthedubaiheadlines
Font ResizerAa
  • Home
  • UAE
  • International
  • Government
  • Business
  • Technology
  • Cryptocurrency
  • Events
  • Health
  • Luxury
  • Life Style
  • Sports
  • Sustainability
  • Tourism
Search
  • Home
  • UAE
  • International
  • Government
  • Business
  • Cryptocurrency
  • Events
  • Health
  • Luxury
  • Life Style
  • Sports
  • Technology
  • Tourism
Follow US
© 2025 Thedubaiheadlines. All Rights Reserved.
Home » Blog » Gold hits two-week high on safe-haven demand ahead of Fed policy – Business – Gold and Currency
UAE

Gold hits two-week high on safe-haven demand ahead of Fed policy – Business – Gold and Currency

Aisha Al Habibi
Aisha Al Habibi
Share

Gold prices rose to a maximum of two weeks on Tuesday, since concerns about the tariff plans of the president of the United States, Donald Trump, increased interest in the safe metal, while investors waited for the Federal Reserve meeting on Wednesday.

Spot Gold Gold Gold 0.9% at $ 362.69 An ounce axis or 0632 GMT, after reaching its maximum from April 22 before the session.

US Gold Futures rose 1.5% to $ 3,370.40.

“Gold prices have a strong increase to begin this week, with investors returning to the safe asset to protect against the volatility of the portfolio amid renewed tariffs of the president of the United States, Donald Trump,” said IG Market Yeap Jun Rong’s strategist.

On Sunday, Trump announced a 100% tariff on the films produced abroad, but revealed few details about how such tax would work.

On Monday, he said he intends to announce pharmaceutical tariffs in the next two weeks.

The decision of the Fed interest rate and the comments of the Fed President Jerome Powell on Wednesday are being closely monitored on the rate trajectory of the Central Bank. The Fed has maintained its policy rate in the range of 4.25% -4.50% since last December.

“Any Dovish signals could provide more support for gold, reinforcing its broader impulse,” Rong said.

The Fed will undoubtedly leave the rates unchanged on Wednesday, but the meeting can be the last one where the result is so cut and dry with Trump tariffs that throw a shadow of uncertainty about economic perspectives, according to a Reuters report.

“Fed officials will want to see evidence of the labor market and other hard data before cutting. We believe that this will take a couple of months and, therefore, we expect three 25 bp cuts in July, September and October,” Goldman Sachs said.

Non -winning ingots, a safeguard against political and financial agitation, thrives in a low interest rate environment.

Spot Silver increased 1.5% to $ 32.98 per ounce, platinum rose 1.4% to $ 972.25 and Palladium advanced 0.5% to $ 945.25.

Google News StandsFollow Emirates 24 | 7 on Google News.

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Share This Article
Email Copy Link Print
Previous Article Winter Makeup Inspiration by Cordelia
Next Article Merz Failed in First Vote to Become Germany’s Chancellor. What Happens Next?

Recent Posts

Events

Chinese New Year in UAE: 6 events to celebrate the Year of the Snake in Dubai

The Consulate General of the People's Republic of China in Dubai has announced six events to celebrate the upcoming Chinese…

By Sophia Turner
2 Min Read
Founder

Always look to add real value for your customers, says Danube Group Founder and Chairman

As a self-made entrepreneur, what were the biggest challenges you faced while building Danube Group, and how did you overcome…

By Yasmin Al Qassimi
4 Min Read
CEO

UAE businesses want their CEOs to have experience – in the same role

Do you have it in you to be a CEO in the UAE? Only if you can show that you…

By Daniel Brooks
2 Min Read

You Might Also Like

UAE

Etihad Airways adds sixth A350 aircraft to fleet

Etihad Airways has expanded its fleet with the arrival of its sixth A350 plane. The plane landed this weekend after…

1 Min Read
UAE

Ahmed bin Saeed chairs the first meeting of the Supreme Committee – Business – Economy and Finance

Ahmed Bin Saeed presides over the first meeting of the Supreme Committee that supervises the organization of the…

3 Min Read
UAE

UAE elected to chair INTERPOL governance committee

The United Arab Emirates (EAU) have assured the presidency of the Interpol Government Committee, a key advisory body within the…

2 Min Read
UAE

DMCC Tradeflow secures shariah certification – Business – Real Estate

DMCC, the main international commercial district that promotes the global trade flow through Dubai, has announced the appointment of a…

2 Min Read
thedubaiheadlines
  • UAE
  • International
  • Government
  • Cryptocurrency
  • Events
  • Technology
  • Business
  • CEO
  • Founder
  • Journalist
  • Realtor
  • Sports
  • Athlete
  • Coach
  • Fitness Trainer
  • Health
  • Doctor
  • Beauty cosmetics
  • Plastic surgeon
© 2017-2025 Thedubaiheadlines . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?