Last week's bearish formation got met with a renewed breakout, taking gold up 2% from its 3,284 lows. Click to read.

Gold prices edged higher on Thursday, helped by a slight retreat in the dollar and bond yields, while investors kept a close tab on trade negotiations as U.S. President Donald Trump broadened his tariff war.

Gold prices hover as traders await US rate clarity and dollar weakness to fuel the next big rally, says the Emkay Wealth report.

Producers of metals and other raw materials fell as the dollar advanced against peers. Gold futures rose, closing within 2.5% of all-time highs after President Trump threatened blanket tariffs of 35% on an array of Canadian imports, the latest escalation in a clash between Trump and Prime Minster Mark Carney.

Gold's performance is influenced by geopolitics, trade wars, and central bank reliance, with negative consequences affecting the dollar index and gold.

As de-dollarization gains momentum, rising central bank gold purchases and widening currency swings signal that investors should hedge by keeping a modest 5%–10 % gold allocation and diversifying into select assets not denominated in dollars.

Drawing on fresh data, historical parallels, and economic indicators, Maharrey lays out a compelling case: the dollar is in trouble, and gold is emerging as the true safe haven.

In a note to clients last week, UBS says the dollar is now “unattractive,” with further declines expected as the U.S. economy slows. Meanwhile, Bloomberg reports that foreign vendors—from Latin America to Asia—are asking U.S. importers to settle invoices in euros, pesos and renminbi to avoid the currency swings.

Gold prices pared earlier losses on Monday after U.S. President Donald Trump announced a 25% tariff on goods from Japan and South Korea starting August 1, prompting some safe-haven interest, though a strong U.

It was 45 years ago that Richard Nixon ended the system that linked the value of the dollar to the treasury's stock of gold. Here's why.