Back 26 Aug 2025

Gold hits two-week high as US dollar slips after Trump fires Fed’s Cook ​  

Summary: Gold prices rose to a two-week high as the US dollar slipped following President Trump’s decision to remove Federal Reserve governor Lisa Cook. Markets are now pricing in an 83% chance of a quarter-point rate cut at the Fed’s September policy meeting.

Link: https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-hits-two-week-high-us-dollar-slips-after-trump-fires-feds-cook