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Arden Pingree

Gold ends week higher despite Powell’s pushback, trade uncertainty lingers

Gold ends week higher despite Powell’s pushback, trade uncertainty lingers

2025-04-19
By: Arden Pingree
On: April 19, 2025
In: Business & Finance

Gold rallies $90 this week as the US Dollar weakens amid rising trade tensions and geopolitical risks. Fed’s Daly says policy is still restrictive; neutral rate may be rising, echoing Powell’s hawkish tone. Traders focus on key US data next week: Flash PMIs, Durable Goods, and final Consumer Sentiment. GoldContinue Reading

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rel·a·tiv·i·ty /ˌreləˈtivədē/: the absence of standards of absolute and universal application. In other words, take everything with a grain of salt.

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