Back 17 Jul 2025

Gold dips as US dollar firms, Trump’s Powell remarks ease market jitters ​  

Summary: Gold prices dipped in early Asian trade due to a firmer US dollar and easing market tensions following President Trump’s comments on Federal Reserve chair Jerome Powell. The US dollar index rose, making gold more expensive for non-US currency holders.

Link: https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-dips-us-dollar-firms-trumps-powell-remarks-ease-market-jitters