Gold price (XAU/USD) retreats from its highest level since June 16, around the $3,439 region touched during the Asian session on Wednesday, and for now, seems to have snapped a three-day winning streak. The global risk sentiment gets a fresh boost after US President Donald Trump announced a trade deal with Japan. This, in turn, undermines the safe-haven precious metal and prompts some profit-taking amid a modest US Dollar (USD) recovery.
PIA CHAUHAN
Gold Prices Hover Near $3,407, Waiting for a Big Move
Gold (XAU/USD) prices is holding steady during Monday’s European trading session, but it’s having a hard time breaking through a key level it’s been stuck at for weeks.
SEBI preparing for big action against Hindenburg, did not respond to show cause notice
Hey there, bhaiyon aur behnon! The Indian stock market is buzzing with drama, and it’s not just about dalal street’s usual ups and downs. The Securities and Exchange Board of India (SEBI) is ready to throw a bouncer at Hindenburg Research, the US-based short-seller that stirred up a storm with its dhamakedaar report on the Adani Group. Let’s break it down in simple, desi style to understand what’s cooking in this tadka-filled saga!
Trump to fire Powell?
The president waved a copy of a draft letter firing Jerome H. Powell at a meeting in the Oval Office with House Republicans. It remains to be seen whether he follows through with his threat.
Gold’s Bullish Breakout: Inverse Head-and-Shoulders Pattern Signals Big Move (16 July 2025)
Hey there, gold enthusiasts! If you’ve been keeping an eye on the gold market, you’ve probably noticed something exciting brewing on the charts. Gold is showing off a classic inverse head-and-shoulders pattern—a setup that’s got traders buzzing with anticipation. Let’s break it down in simple terms and explore why this could mean a big move for gold prices.