{"id":18073,"date":"2025-03-11T05:50:36","date_gmt":"2025-03-11T05:50:36","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=18073"},"modified":"2025-03-11T05:50:36","modified_gmt":"2025-03-11T05:50:36","slug":"gold-gains-as-dollar-weakens-amid-trade-tensions","status":"publish","type":"post","link":"https:\/\/www.global-vtrader.com\/en\/analysis\/gold-gains-as-dollar-weakens-amid-trade-tensions\/","title":{"rendered":"Gold Gains as Dollar Weakens Amid Trade Tensions"},"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\/03\/download-101-1024x559.png\" alt=\"\" class=\"wp-image-18075\" srcset=\"https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/download-101-1024x559.png 1024w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/download-101-300x164.png 300w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/download-101-768x419.png 768w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/download-101-500x273.png 500w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/download-101-400x218.png 400w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/download-101-350x191.png 350w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/download-101-200x109.png 200w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/download-101.png 1408w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gold (XAUUSD) rose towards $<strong>2,900 <\/strong>amid USD weakness and trade fears.<\/li>\n\n\n\n<li>Trump\u2019s tariff escalation stokes economic uncertainty\u2013with China imposing retaliatory tariffs.<\/li>\n\n\n\n<li>Fed signals caution but no immediate rate cuts expected as US inflation data this week to guide market sentiment.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Gold Climbs on Safe-Haven Demand <\/h2>\n\n\n\n<p>XAUUSD (Gold) rose towards $<strong>2,900 <\/strong>per ounce on Tuesday, buoyed by a <strong>weaker US dollar<\/strong> and<strong> increased safe-haven buying<\/strong> as trade concerns intensified. <\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis: Renewed Bullish Momentum<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"446\" src=\"https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/11.3_1-1024x446.jpg\" alt=\"\" class=\"wp-image-18076\" srcset=\"https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/11.3_1-1024x446.jpg 1024w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/11.3_1-300x131.jpg 300w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/11.3_1-768x335.jpg 768w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/11.3_1-1536x669.jpg 1536w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/11.3_1-2048x892.jpg 2048w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/11.3_1-500x218.jpg 500w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/11.3_1-400x174.jpg 400w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/11.3_1-350x152.jpg 350w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/03\/11.3_1-200x87.jpg 200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: XAUUSD advances to $2896.00, eyeing resistance at $2900.47 amid renewed bullish momentum, as seen on the\u00a0<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WAhttps:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WAhttps:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WAhttps:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p>XAUUSD rose by <strong>0.25<\/strong>%, opening at $<strong>2888.83 <\/strong>and closing at $<strong>2896.00<\/strong>. The precious metal tested higher levels, reaching a peak at $<strong>2900.47<\/strong>, before finding support near the session low of $<strong>2880.31<\/strong>, indicating moderate bullish sentiment.<\/p>\n\n\n\n<p>The moving averages (MA 5, 10, 30) highlight a short-term bullish crossover, suggesting an emerging uptrend. The MACD (12,26,9) histogram confirms this bullish sentiment, crossing above zero and showing strengthening upward momentum.<\/p>\n\n\n\n<p>Immediate support lies around $<strong>2880.23<\/strong>, with stronger support identified near $<strong>2870<\/strong>. A break below these levels might indicate renewed bearish pressure. Meanwhile, resistance at $<strong>2900.47 <\/strong>is the critical barrier; surpassing this could propel the price towards $<strong>2910<\/strong>\u2013$<strong>2920<\/strong>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Trade Tensions Escalate, Fed Reserve in Focus<\/h2>\n\n\n\n<p>Sentiment soured further after President Trump implemented <strong>25% tariffs on Canadian and Mexican imports<\/strong> and <strong>doubled duties on select Chinese goods<\/strong> to 20%. Retaliatory measures, especially China&#8217;s <strong>increased tariffs on US agricultural products<\/strong>, raised fears of broader economic disruptions.<\/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 agriculture is on the frontline of the tariff war, as new Chinese duties on American farm exports kick in \u2014 and President Trump has refused to rule out the tariffs causing a recession. Take a look at the <a href=\"https:\/\/twitter.com\/Reuters?ref_src=twsrc%5Etfw\">@Reuters<\/a> Market Rundown <a href=\"https:\/\/t.co\/SZBszOpq9O\">pic.twitter.com\/SZBszOpq9O<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1899053872351732058?ref_src=twsrc%5Etfw\">March 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Market participants remain focused on <strong>upcoming US inflation figures<\/strong> for signals regarding the Federal Reserve&#8217;s next move. Fed Chair Jerome Powell highlighted ongoing economic uncertainty but <strong><a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/fed-chair-jerome-powell-says-he-s-in-no-hurry-to-cut-rates-ami\">signalled limited urgency<\/a> for immediate rate cuts<\/strong>, leaving market participants cautious.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Market Outlook <\/h2>\n\n\n\n<p>Traders should closely monitor US economic data and ongoing trade developments, as they will significantly influence gold\u2019s price direction in the near term. A sustained break above $<strong>2,900.47 <\/strong>may encourage further upside momentum, while renewed dollar strength could limit gold\u2019s gains.<\/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>Gold approaches $2,900 amid US dollar weakness and growing trade uncertainties; US inflation data to offer clues on Fed\u2019s next steps. -vtmarkets.com<\/p>\n","protected":false},"author":2,"featured_media":18075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[7],"class_list":["post-18073","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\/18073","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=18073"}],"version-history":[{"count":0,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/posts\/18073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/media\/18075"}],"wp:attachment":[{"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/media?parent=18073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/categories?post=18073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/tags?post=18073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}