Gold Retreats From Peak Amid Profit Taking Ahead of Holiday Weekend
From Investing.com: 2025-04-18 04:18:00
Gold prices fell below $3,336 as investors took profits before the weekend. Market remains bullish, but uncertainties linger. US exploring tariffs on key imports. Trade deal with Japan could impact gold prices. Market closed for Good Friday and Easter Monday. Keep an eye on tariff news and trade talks.
Euro weakened against USD after ECB rate cut. Central bank sees downside risks to growth. Fed Chair cautious on tariff impact on economy. US labour market stable. Risk of EUR/USD correction increases. Watch for trade deal with Japan. Market closed for holidays, expect low volatility.
Bitcoin rises near $85,000 on ETF inflows. Saylor’s firm buys $285.5 million worth of BTC. ETFs attract $131.04 million in past month. Fed rate cuts and tariff concerns support crypto investors. BTC faces resistance at $85,200. Low volatility expected during Easter holidays. Market stability attributed to ETF inflows.
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