The price of gold increases above USD 3,400 as the unthreatening demand is revived

The price of gold regains positive adhesion as a trade uncertainty increasing unthreatening assets.
USD tries to lure buyers despite the hawk fed.
Bulls seem intact in a positive tone of risk, which tends to undermine the Xau/USD pair.

The price of gold (Xau/USD) attracts some purchase from DIP during the Asian session on Thursday and rallies above $ 3,400 in the last hour, withdrawing a significant part of the slides from the north from the highest level. US President Donald Trump hopes for a rapid resolution of the US-China trade war, saying that he is in no hurry to sign any contracts. This, along with the geopolitical risk resulting from the Russian war, conflicts in the Middle East and a perilous military confrontation on the border of India-Pakistan, underlying security.

Meanwhile, the initial market reaction to the Hawkish Federal Reserve (FED) on Wednesday turns out to be compact -lived among the increased economic uncertainty conducted by Trump’s rapidly changing attitude in the matter of commercial policy. This, in turn, does not facilitate the American dollar (USD) in the operate of modest profits from the previous day and is perceived as another factor underlying the demand for the price of gold. However, the generally positive tone around capital markets can be stopped by Xau/USD bulls from placing aggressive plants and keeping the lid to all significant profits.

Daily Digest Market Movers: Gold Price Bulls try to keep control among lasting unthreatening demand

US President Donald Trump said on Wednesday that he is not open to a reduction in 145% of tariffs imposed on China to encourage the negotiations of the trade war. This maintains optimism conducted by the announcement of US-China trade calls this week and provides support for a unthreatening price of gold.
The airport ports were locked in Moscow among the huge Ukrainian drone attack against the unilaterally announced three -day truce of Russian President Vladimir Putin. In addition, Ukraine said that Russia introduced bombs with a guide almost three hours after he entered into force on Thursday.
Meanwhile, the Israeli army said that it fully turned off the main Yemen airport in the capital of Sanaa, which is controlled by Houthi. In response, a member of the main political body Houthi said that the reaction to Israel’s attacks was coming. This maintains geopolitical risk in the game and in the basis of the Xau/USD couple.
The federal reserve, as was widely expected, maintained a key interest rate unchanged in the range from 4.25% -4.5% at the end of the two -day monetary policy meeting on Wednesday. In the accompanying statement, the American Central Bank noted that uncertainty about economic prospects increased.
At a press conference after the meeting, Fed Chairman Jerome Powell also noted that there is a great uncertainty about the tariffs and said that the right thing is to wait for further transparency. This suggests that the American central bank is not inclined in the near future, although it did not impress the American dollar bulls.
Trump said about social truth that he would announce the main trade agreement, the first of many, with representatives of a enormous and very respected country on Thursday. This remains generally supporting positive tone of risk around capital markets and can act as a wind for precious metal.
The market concentration will remain glued to Trump’s press conference at 14 GMT in an oval office. In addition, the Thursday edition of the initial American American automotive industry in the US will affect the dynamics of USD prices and provide a up-to-date impulse of the Xau/USD pair later during the North American session.

The price of gold may strive to re-assess the summit of all time after cleaning 3 434-3 435 USD

From a technical point of view, the emergence of a fresh purchase near $ 3,260, which became support, and the later movement is favored by Xau/USD bulls. In addition, the oscillators on the daily table persist conveniently in a positive territory, which suggests that the path of the lowest resistance for gold is depending. Some of the following purchases outside the region 3 434-3 435 USD or weekly, will confirm positive prejudice and allow the goods to re-supplement the summit of all time and make a up-to-date attempt to overcome the psychological sign of USD 3500.

On the other hand, an area of USD 3,465-3 460 can still operate as immediate sturdy support before the region 3 328-3 327 USD and a round level of USD 3300. The convincing break below the latter negates a compact -term positive perspective and would cause technical sales. The downward trajectory can then drag the gold price to 3265-3 260 USD indirect support on the way to the region 3223-3 222 USD and swings last week, about USD 3,200.

Frequently inflicted by American-chin

In general, the trade war is an economic conflict between two or more countries due to extreme protectionism at one end. This means creating trade barriers such as tariffs that cause a counterattack, escalating import costs, and thus maintenance costs.

The economic conflict between the United States (USA) and China began at the beginning of 2018, when President Donald Trump established trade barriers for China, claiming that unfair commercial practices and theft of intellectual property from the Asian giant. China took retaliation, imposing tariffs on many American goods, such as cars and soy. The tension escalated until both countries signed trade agreements in the American-Chinese phase in January 2020. The agreement required structural reforms and other changes in the Chinese economic and commercial system and pretended to restore stability and trust between two nations. However, Coronevirus’s pandemic focused on the conflict. It is worth mentioning, however, that President Joe Biden, who took office after Trump, kept the tariffs and even added additional fees.

The return of Donald Trump to the White House as 47. The US president caused a fresh wave of tension between two countries. During the election campaign in 2024, Trump undertook to impose a 60% tariff on China after returning to the office, which he did on January 20, 2025. With the return of Trump, the trade war in the USA-China is aimed at resuming where it remained, with the principles of Tatat, influencing the global economic landscape among the global resources, which will reduce, which will reduce, which will reduce, which will reduce, which will reduce, which will reduce, which Especially investments, as well as directly nutrition in indexing consumers.