{"id":21251,"date":"2025-04-29T08:31:37","date_gmt":"2025-04-29T08:31:37","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=21251"},"modified":"2025-04-29T08:31:37","modified_gmt":"2025-04-29T08:31:37","slug":"gold-slips-as-dollar-gains-strength-and-risk-appetite-grows","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-latam\/analysis\/gold-slips-as-dollar-gains-strength-and-risk-appetite-grows\/","title":{"rendered":"Gold Slips as Dollar Gains Strength and Risk Appetite Grows"},"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-latam\/wp-content\/uploads\/sites\/23\/2026\/03\/download-141-1-1-1024x559.png\" alt=\"\" class=\"wp-image-19737\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Takeaways:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gold futures dipped by 0.5%, settling near $3,320.40 per ounce.<\/li>\n\n\n\n<li>Investors shift focus to U.S. trade talks with 17 countries\u2014excluding China.<\/li>\n\n\n\n<li>A stronger dollar reduces demand for gold, impacting its near-term appeal.<\/li>\n\n\n\n<li>Long-term sentiment stays positive amid economic uncertainty and continued ETF inflows.<\/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 prices retreated on Monday, dragged lower by a stronger U.S. dollar and improving risk sentiment in global markets. The yellow metal (XAUUSD) fell 0.5% and closed near $3,320, after briefly touching $3,348.56 earlier in the day.<\/p>\n\n\n\n<p>This latest pullback followed renewed optimism over Washington\u2019s trade negotiations\u2014this time not with China, but with 17 other global trade partners. Analysts at ING suggest that China\u2019s exclusion from the talks could temporarily ease geopolitical anxiety, prompting a modest rotation away from safe-haven assets like gold.<\/p>\n\n\n\n<p><\/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\">Gold edged lower ahead of key economic data this week that could offer some insights into the impacts of Trump\u2019s trade war <a href=\"https:\/\/t.co\/7zMngF94dp\">https:\/\/t.co\/7zMngF94dp<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1917017442779357418?ref_src=twsrc%5Etfw\">April 29, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcb5 Dollar Strength Weighs on Gold\u2019s Short-Term Appeal<\/h2>\n\n\n\n<p>A firmer U.S. dollar also played a role, pressuring gold by increasing its relative cost for foreign buyers. As the greenback rebounds, it competes more aggressively as a safe-haven alternative, reducing bullion\u2019s short-term attractiveness.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">\ud83d\udcca Technical Outlook: Momentum Favors Bears\u2014for Now<\/h2>\n\n\n\n<p>Gold is showing signs of short-term weakness after failing to hold above $3,353. Prices have now retreated to around $3,320. Short-term moving averages (5, 10, and 30) have turned downward, confirming a bearish setup in the near term.<\/p>\n\n\n\n<p>\ud83d\uddbc\ufe0f <em>Chart: Gold trades below short-term MAs, with sellers still dominating \u2013 via VT Markets app<\/em><\/p>\n\n\n\n<p>The MACD shows growing downside momentum, although some signs of slowing suggest that the pullback could soon pause. If bulls manage to defend the $3,305 support area, we might see a corrective bounce. If not, a deeper slide toward $3,280\u2013$3,265 could follow.<\/p>\n\n\n\n<p>The short-term trend remains bearish, though the market is approaching oversold territory on the 15-minute chart.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-latam\/wp-content\/uploads\/sites\/23\/2026\/03\/image-48-1024x442.jpg\" alt=\"\" class=\"wp-image-21252\"\/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: Gold extends losses below short-term averages as downside pressure lingers, as seen on the <\/em><em><a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<p>\ud83d\udee1\ufe0f Long-Term Fundamentals Still Shine Bright<\/p>\n\n\n\n<p>Despite Monday\u2019s dip, gold remains one of the year\u2019s top-performing assets\u2014up over 25% in 2025. The metal continues to benefit from <strong>global economic turbulence<\/strong>, <strong>shifting U.S. trade dynamics<\/strong>, and <strong>ongoing central bank demand<\/strong>.<\/p>\n\n\n\n<p>ING highlights that net inflows into gold ETFs remain solid, while many central banks, especially in emerging markets, are adding to reserves\u2014supporting long-term demand.<\/p>\n\n\n\n<p>With U.S.-China tensions still unresolved and the broader macro environment staying fragile, gold is expected to retain its appeal as a <strong>strategic hedge<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u2705 Trade Gold with Confidence at VT Markets<\/h3>\n\n\n\n<p>Whether you\u2019re looking for short-term momentum trades or long-term hedges, VT Markets offers a powerful platform to help you make your move.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Real-time price alerts<\/li>\n\n\n\n<li>Tight spreads and fast execution<\/li>\n\n\n\n<li>Access to gold, FX, indices, and more<\/li>\n<\/ul>\n\n\n\n<p><strong>Open a live account today and start trading with VT Markets.<\/strong><\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"VT Markets Latam Trade Now\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*1azgbap*_gcl_au*NjE5NTE3MjY4LjE3NDQ2MDA3NDI.*_ga*MTY4OTgwNTU5Mi4xNzM2NzQ2MTgy*_ga_J26NL1ZVX7*czE3NDQ5NDQ0NTYkbzEyMCRnMCR0MTc0NDk0NDQ1NiRqNjAkbDAkaDA.\">start trading<\/a> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold retreats from recent highs as easing safe-haven demand and a firmer U.S. dollar weigh on sentiment. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":2,"featured_media":19737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[44],"tags":[10],"class_list":["post-21251","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-latam\/wp-json\/wp\/v2\/posts\/21251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/comments?post=21251"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts\/21251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/media\/19737"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/media?parent=21251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/categories?post=21251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/tags?post=21251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}