{"id":16677,"date":"2025-02-20T03:17:01","date_gmt":"2025-02-20T03:17:01","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=16677"},"modified":"2025-02-20T03:17:01","modified_gmt":"2025-02-20T03:17:01","slug":"gold-near-record-high-as-fed-trade-tensions-lift-demand","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/gold-near-record-high-as-fed-trade-tensions-lift-demand\/","title":{"rendered":"Gold Near Record High as Fed, Trade Tensions Lift Demand"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/download-4-1024x559.png\" alt=\"\" class=\"wp-image-16678\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Key Points<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Gold trades above $2,930 per ounce<\/strong>, near all-time highs.<\/li>\n\n\n\n<li><strong>FOMC minutes stress need for more disinflation evidence<\/strong>, delaying rate cut expectations.<\/li>\n\n\n\n<li>Trump\u2019s <strong>25% auto tariff plan<\/strong> and <strong>US-Russia talks<\/strong> add to market uncertainty.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>Gold remained <strong>above $2,930 per ounce<\/strong> on Thursday, hovering near <strong>historic highs<\/strong> as investors assessed the <strong>latest Federal Open Market Committee (FOMC) minutes<\/strong> and escalating global risks.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The Federal Reserve minutes from last month add to the unlikelihood of new interest rate cuts anytime soon: Here\u2019s your Evening Briefing <a href=\"https:\/\/t.co\/MmxlzDIBhP\">https:\/\/t.co\/MmxlzDIBhP<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1892356639270871163?ref_src=twsrc%5Etfw\">February 19, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The Fed\u2019s <strong>January meeting minutes<\/strong> signaled that policymakers require <strong>more evidence of sustained disinflation<\/strong> before considering rate cuts. Additionally, the Fed highlighted concerns that <strong>rising tariffs could fuel inflationary pressures<\/strong>, complicating monetary policy decisions. Markets are currently pricing in <strong>one rate cut for 2025<\/strong>, with a <strong>second cut still uncertain<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Safe-Haven Demand Rises on Geopolitical Tensions<\/h2>\n\n\n\n<p>Gold\u2019s safety appeal remains strong, as uncertainty over trade policy and geopolitical risks continues to support demand. Donald Trump\u2019s proposal of a <strong><a href=\"https:\/\/finance.yahoo.com\/news\/trump-floats-25-tariffs-us-225143650.html\" title=\"\">25% tariff on automobiles, semiconductors, and pharmaceuticals<\/a><\/strong> has reignited fears of a trade war, driving investors toward defensive assets.<\/p>\n\n\n\n<p>Additionally, <strong>US-Russia peace talks on the Ukraine war<\/strong> are under scrutiny. The <strong><a href=\"https:\/\/www.msn.com\/en-us\/news\/world\/trump-call-for-ukraine-election-based-on-russian-disinformation-zelenskyy-says\/ar-AA1zltIo?ocid=BingNewsSerp\" title=\"\">exclusion of Kyiv<\/a> from negotiations<\/strong> has raised concerns over <strong>delays in conflict resolution<\/strong>, adding to global instability.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/1-6-1024x446.jpg\" alt=\"\" class=\"wp-image-16759\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: XAUUSD holds above $2,940, eyeing resistance at $2,946.88 amid cautious sentiment, as seen on the&nbsp;<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p>XAUUSD rose <strong>0.20%<\/strong>, closing at <strong>$2,941.25<\/strong> after opening at <strong>$2,935.36<\/strong>. The session saw a high of <strong>$2,942.37<\/strong> and a low of <strong>$2,933.29<\/strong>, with price action showing resilience after an earlier dip to <strong>$2,907.16<\/strong>. A breakout attempt to <strong>$2,946.88<\/strong> was met with resistance, leading to a pullback before stabilising.<\/p>\n\n\n\n<p>The <strong>moving averages (MA 5,10,30)<\/strong> signal mixed momentum, with shorter-term MAs hovering near price levels, indicating consolidation. The <strong>MACD (12,26,9)<\/strong> remains slightly bullish, with the histogram narrowing, suggesting slowing momentum. <\/p>\n\n\n\n<p><strong>Key support stands at $2,907.16<\/strong>, while <strong>resistance is observed at $2,946.88<\/strong>. A breakout above resistance could reinforce bullish sentiment, while failure to hold current levels may invite fresh selling pressure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Market Outlook for the Yellow Metal<\/h2>\n\n\n\n<p>Gold\u2019s <strong>bullish trend remains intact<\/strong>, driven by <strong>delayed Fed rate cuts, geopolitical factors like the US-Russia peace talks and trade tensions<\/strong>. <\/p>\n\n\n\n<p>If <strong>inflation concerns persist<\/strong> or the <strong>US-China trade conflict escalates<\/strong>, <strong>gold could extend its rally beyond $2,950 per ounce<\/strong>. However, any <strong>hawkish Fed surprises<\/strong> or <strong>positive trade resolutions<\/strong> could lead to short-term corrections.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>&nbsp;now.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold holds above $2,930, closing at $2,941.25 as Fed uncertainty, trade risks, and geopolitical tensions drive demand. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":66,"featured_media":16678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[6],"class_list":["post-16677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-gold"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/16677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=16677"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/16677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/16678"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=16677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=16677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=16677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}