{"id":16841,"date":"2025-02-24T03:47:35","date_gmt":"2025-02-24T03:47:35","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=16841"},"modified":"2025-02-24T03:47:35","modified_gmt":"2025-02-24T03:47:35","slug":"gold-eases-from-record-high-us-inflation-data-in-focus","status":"publish","type":"post","link":"https:\/\/www.global-vtrader.com\/en\/analysis\/gold-eases-from-record-high-us-inflation-data-in-focus\/","title":{"rendered":"Gold Eases from Record High; US Inflation Data in Focus"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-8-1-1024x559.png\" alt=\"\" class=\"wp-image-16842\" srcset=\"https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-8-1-1024x559.png 1024w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-8-1-300x164.png 300w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-8-1-768x419.png 768w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-8-1-500x273.png 500w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-8-1-400x218.png 400w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-8-1-350x191.png 350w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-8-1-200x109.png 200w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-8-1.png 1408w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Points:<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>XAUUSD (Gold)<\/strong> trades lower at <strong>$2,942.78<\/strong>, down from recent highs of <strong>$2,954.69<\/strong>.<\/li>\n\n\n\n<li>Markets await crucial <strong>U.S. PCE inflation data<\/strong> due Friday.<\/li>\n\n\n\n<li>Renewed tariff fears and global tensions may support gold prices.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p><strong>XAUUSD (Gold)<\/strong> eased slightly on Monday to trade at <strong>$2,942.78 per ounce<\/strong>, slipping from its record high of <strong>$2,954.69<\/strong> reached last week. Investors booked profits after recent sharp gains, taking a cautious stance ahead of key economic events this week.<\/p>\n\n\n\n<p>Investor attention is focused on Friday&#8217;s <strong>Personal Consumption Expenditures (PCE)<\/strong> inflation report from the U.S., crucial for setting the Federal Reserve&#8217;s policy expectations. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US President Donald Trump said he will announce fresh tariffs over the next month or sooner, adding lumber and forest products to previously announced plans to impose duties on imported cars, semiconductors and pharmaceuticals <a href=\"https:\/\/t.co\/BMp2rcdQ4r\">https:\/\/t.co\/BMp2rcdQ4r<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1892464216923075048?ref_src=twsrc%5Etfw\">February 20, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The recent announcement by <strong>U.S. President Donald Trump<\/strong> to impose further tariffs\u2014particularly on lumber and forest products\u2014added to market uncertainty. Such tariff measures could reinforce inflationary pressures, influencing Fed decisions and, by extension, XAUUSD\u2019s direction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Outlook: XAUUSD Eyes Another Run at Record High<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"450\" src=\"https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/2-1024x450.jpg\" alt=\"\" class=\"wp-image-16843\" srcset=\"https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/2-1024x450.jpg 1024w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/2-300x132.jpg 300w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/2-768x337.jpg 768w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/2-1536x674.jpg 1536w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/2-2048x899.jpg 2048w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/2-500x220.jpg 500w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/2-400x176.jpg 400w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/2-350x154.jpg 350w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/2-200x88.jpg 200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Image: XAUUSD sees volatile session, closes higher at $2942.78 with bullish momentum picking up. Learn more on the\u00a0<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p><strong>XAUUSD (Gold)<\/strong> closed slightly higher at <strong>$2942.78<\/strong>, registering a gain of 0.14% after opening at <strong>$2938.71<\/strong>. Price action throughout the session was volatile, trading between the support at <strong>$2916.76<\/strong> and resistance at <strong>$2944.51<\/strong>.<\/p>\n\n\n\n<p>The moving averages (MA 5,10,30) reflect mixed sentiment, recently turning upwards as prices broke above these levels, suggesting a <strong>potential shift towards bullish momentum<\/strong>. The MACD (12,26,9) indicator supports this view, crossing into positive territory and indicating strengthening bullish momentum.<\/p>\n\n\n\n<p>Traders should closely monitor resistance near <strong>$2944.51<\/strong>; a break above this level could signal further bullish moves, while support at <strong>$2916.76<\/strong> remains critical for any downside pressure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Global Tensions Continue to Influence Market Sentiment<\/h2>\n\n\n\n<p>Internationally, traders remain attentive to ongoing developments between the U.S., Russia, and Ukraine. <a href=\"https:\/\/www.nbcnews.com\/news\/world\/reversal-trump-says-russia-attacked-ukraine-rcna193299\" title=\"\">Trump&#8217;s acknowledgment<\/a> of Russia\u2019s invasion and announcement of an <a href=\"https:\/\/www.msn.com\/en-us\/war-and-conflicts\/military\/russia-launches-a-record-number-of-drones-into-ukraine-on-the-eve-of-the-war-s-3-year-anniversary\/ar-AA1zCgGB?ocid=BingNewsSerp\" title=\"\">upcoming minerals agreement with Kyiv<\/a> are viewed as potentially significant shifts toward a peace resolution. <\/p>\n\n\n\n<p>Simultaneously, tensions in the Middle East persist, with <a href=\"https:\/\/www.nbcnews.com\/news\/world\/live-blog\/israel-hamas-ceasefire-live-updates-rcna193120\" title=\"\">Israel and Hamas maintaining a fragile ceasefire<\/a> dependent upon prisoner negotiations. Such unresolved geopolitical issues may continue to support gold\u2019s safe-haven demand.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong>&nbsp;and&nbsp;<\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a><\/strong><strong>&nbsp;now.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XAUUSD dips to $2,942.78; traders eye U.S. inflation data and tariff risks amid global tensions. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":2,"featured_media":16842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[7],"class_list":["post-16841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-gold"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/posts\/16841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/comments?post=16841"}],"version-history":[{"count":0,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/posts\/16841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/media\/16842"}],"wp:attachment":[{"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/media?parent=16841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/categories?post=16841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/tags?post=16841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}