Gold price movement: 5 factors to consider

αž“αŸαŸ‡αž‚αžΊαž‡αžΆαž–αŸ’αžšαžΉαžαŸ’αžαž·αž€αžΆαžšαžŽαŸαž˜αž½αž™αž…αŸ†αž“αž½αž“αžŠαŸ‚αž›αž”αžΆαž“αž‡αŸ‡αž₯αž‘αŸ’αž’αž·αž–αž›αž‘αŸ…αž€αžΆαž“αŸ‹αžαž˜αŸ’αž›αŸƒαž˜αžΆαžŸαž“αžΆαž–αŸαž›αž”αž…αŸ’αž…αž»αž”αŸ’αž”αž“αŸ’αž“αŸ”

αž€αžαŸ’αžαžΆαž‘αžΈ 1αŸ– αž”αŸ’αžšαž’αžΆαž“αž’αž“αžΆαž‚αžΆαžšαž€αžŽαŸ’αžαžΆαž›αž’αžΆαž˜αŸαžšαž·αž€αž€αŸ†αž–αž»αž„αž”αŸ’αžšαžˆαž˜αž˜αž»αžαž“αžΉαž„αž–αžΆαž€αŸ’αž™αž”αžŽαŸ’αžαžΉαž„

αž›αŸ„αž€αžŸαŸ’αžšαžΈαžαŸ†αžŽαžΆαž„ GOP αžšαž”αžŸαŸ‹αžŸαž—αžΆ Anna Paulina Luna αž”αžΆαž“αž”αŸ’αžαžΉαž„αž›αŸ„αž€αž”αŸ’αžšαž’αžΆαž“αž’αž“αžΆαž‚αžΆαžšαž€αžŽαŸ’αžαžΆαž› Jerome Powell αž‡αžΆαž•αŸ’αž›αžΌαžœαž€αžΆαžšαž‘αŸ…αž€αžΆαž“αŸ‹αž“αžΆαž™αž€αžŠαŸ’αž‹αžΆαž“αž™αž»αžαŸ’αžαž·αž’αž˜αŸŒ αžŠαŸ„αž™αž…αŸ„αž‘αž”αŸ’αžšαž€αžΆαž“αŸ‹αž‚αžΆαžαŸ‹αž–αžΈαž”αž‘αž—αžΌαžαž€αž»αž αž€αŸ” αž“αŸαŸ‡αž€αžΎαžαž‘αžΎαž„αž“αŸ…αž–αŸαž›αžŠαŸ‚αž›αž›αŸ„αž€αžŸαŸ’αžšαžΈ Luna αž”αžΆαž“αž’αŸ‡αž’αžΆαž„αžαžΆ Powell αž”αžΆαž“αž€αŸ’αž›αŸ‚αž„αž”αž“αŸ’αž›αŸ†αž›αžΎαž€αžΆαžšαž…αŸ†αžŽαžΆαž™αž’αžΆαž‚αžΆαžšαž‡αž½αžŸαž‡αž»αž›αžαŸ’αž˜αžΈαžšαž”αžŸαŸ‹αž’αž“αžΆαž‚αžΆαžšαž€αžŽαŸ’αžαžΆαž› EcclesαŸ” αž‘αŸ„αŸ‡αž”αžΈαž‡αžΆαž›αŸ„αž€ Powell αž”αžΆαž“αž”αžŠαž·αžŸαŸαž’αž€αžΆαžšαž…αŸ„αž‘αž”αŸ’αžšαž€αžΆαž“αŸ‹αž‘αžΆαŸ†αž„αž’αžŸαŸ‹αž“αŸαŸ‡αž€αŸαžŠαŸ„αž™ αž”αŸ’αžšαžŸαž·αž“αž”αžΎαž—αžŸαŸ’αžαž»αžαžΆαž„αž”αžΆαž“αžŸαž”αž‰αŸ’αž‡αžΆαž€αŸ‹αž–αžΈαž”αž‘αž›αŸ’αž˜αžΎαžŸαž“αŸαŸ‡ αž“αŸ„αŸ‡αž›αŸ„αž€αž”αŸ’αžšαž’αžΆαž“ Powell αž’αžΆαž…αž”αŸ’αžšαžˆαž˜αž˜αž»αžαž“αžΉαž„αž€αžΆαžšαž‡αžΆαž”αŸ‹αž–αž“αŸ’αž’αž“αžΆαž‚αžΆαžšαžšαž αžΌαžαžŠαž›αŸ‹ 5 αž†αŸ’αž“αžΆαŸ† αž“αž·αž„αž–αž·αž“αŸαž™αž‡αžΆαž”αŸ’αžšαžΆαž€αŸ‹αž•αž„αžŠαŸ‚αžšαŸ”

αž€αžαŸ’αžαžΆαž‘αžΈαŸ’αŸ– αž‡αž˜αŸ’αž›αŸ„αŸ‡αžšαž»αžŸαŸ’αžŸαŸŠαžΈ-αž’αŸŠαž»αž™αž€αŸ’αžšαŸ‚αž“αž€αžΆαž“αŸ‹αžαŸ‚αžαžΆαž“αžαžΉαž„

αž—αžΆαž–αžαžΆαž“αžαžΉαž„αž“αŸƒαžŸαž„αŸ’αž‚αŸ’αžšαžΆαž˜αžšαžœαžΆαž„αžšαž»αžŸαŸ’αžŸαŸŠαžΈ αž“αž·αž„αž’αŸŠαž»αž™αž€αŸ’αžšαŸ‚αž“αž“αŸ…αžαŸ‚αž”αž“αŸ’αžαž€αžΎαž“αž‘αžΎαž„ αžŠαŸ„αž™αžŸαžΆαžšβ€‹αž˜αžΆαž“αž™αž“αŸ’αžαž αŸ„αŸ‡αž‚αŸ’αž˜αžΆαž“αž˜αž“αž»αžŸαŸ’αžŸαž”αžΎαž€αž‡αžΆαž„ αŸ€αŸ αŸ αž‚αŸ’αžšαžΏαž„ αž“αž·αž„αž˜αžΈαžŸαŸŠαžΈαž› ្ៀ αžŠαžΎαž˜αž”αžΆαž“αžœαžΆαž™αž”αŸ’αžšαž αžΆαžšαž’αŸŠαž»αž™αž€αŸ’αžšαŸ‚αž“αž–αŸαž‰αž˜αž½αž™αž™αž”αŸ‹ αžšαž½αž˜αž‘αžΆαŸ†αž„αž‡αŸ†αžšαž€αž‡αž“αžŸαŸŠαžΈαžœαž·αž›αž“αŸ…αž€αŸ’αž“αž»αž„αžŸαŸ’αžαžΆαž“αžΈαž™αŸαžšαž„αž•αž„αžŠαŸ‚αžšαŸ”

αž€αžΆαžšβ€‹αžœαžΆαž™β€‹αž”αŸ’αžšαž αžΆαžšβ€‹αž‘αžΆαŸ†αž„β€‹αž’αžŸαŸ‹β€‹αž“αŸαŸ‡β€‹αž“αžΆαŸ†β€‹αž±αŸ’αž™β€‹αž˜αžΆαž“β€‹αž€αžΆαžšβ€‹αž€αžΎαž“β€‹αž‘αžΎαž„αž“αŸƒαž…αŸ†αž“αž½αž“αž’αŸ’αž“αž€β€‹αžŸαŸ’αž›αžΆαž”αŸ‹β€‹αž“αž·αž„β€‹αžšαž”αž½αžŸαž™αŸ‰αžΆαž„αž…αŸ’αžšαžΎαž“αŸ” αžŠαžΌαž…αŸ’αž“αŸαŸ‡αž αžΎαž™ αž”αŸ’αžšαž‘αŸαžŸαž“αŸαžšαžœαŸαžŸ αž“αž·αž„αž αžΌαž‘αž„αŸ‹αž”αžΆαž“αžŸαž“αŸ’αž™αžΆαž•αŸ’αž‚αžαŸ‹αž•αŸ’αž‚αž„αŸ‹αž˜αžΈαžŸαŸŠαžΈαž›αžŠαž›αŸ‹αž’αŸŠαž»αž™αž€αŸ’αžšαŸ‚αž“ αžαžŽαŸˆαžŠαŸ‚αž›αž€αŸ’αžšαž»αž˜αž αŸŠαž»αž“αž”αžΆαžšαžΆαŸ†αž„αž€αŸαž‚αŸ’αžšαŸ„αž„αž“αžΉαž„αž•αž›αž·αžαž™αž“αŸ’αžαž αŸ„αŸ‡αž‚αŸ’αž˜αžΆαž“αž˜αž“αž»αžŸαŸ’αžŸαž”αžΎαž€αž“αŸ…αž’αŸŠαž»αž™αž€αŸ’αžšαŸ‚αž“ αž€αŸ’αž“αž»αž„αž‚αŸ„αž›αž”αŸ†αžŽαž„αž–αž„αŸ’αžšαžΉαž„αž›αžΎαž€αžΆαžšαž€αžΆαžšαž–αžΆαžšαžšαž”αžŸαŸ‹αž’αŸŠαž»αž™αž€αŸ’αžšαŸ‚αž“αž•αž„αžŠαŸ‚αžšαŸ”Β 

αžŸαžšαž»αž”αž˜αž€ αž”αŸ’αžšαž‘αŸαžŸαž—αžΆαž‚αž…αŸ’αžšαžΎαž“αž€αŸ†αž–αž»αž„αž‚αžΆαŸ†αž‘αŸ’αžšαž’αŸŠαž»αž™αž€αŸ’αžšαŸ‚αž“ αžŠαŸ‚αž›αž˜αžΆαž“αž”αŸ†αžŽαž„αž”αž‰αŸ’αž…αž”αŸ‹αž‡αž˜αŸ’αž›αŸ„αŸ‡αž“αŸαŸ‡αŸ” αž€αžΆαžšβ€‹αž…αžšαž…αžΆβ€‹αž”αž‘β€‹αžˆαž”αŸ‹β€‹αž”αžΆαž‰αŸ‹β€‹αžšαžœαžΆαž„β€‹αžšαž»αžŸαŸ’αžŸαŸŠαžΈβ€‹αž“αž·αž„β€‹αž’αŸŠαž»αž™αž€αŸ’αžšαŸ‚αž“β€‹αžαŸ’αžšαžΌαžœβ€‹αž”αžΆαž“β€‹αž‚αŸβ€‹αž‚αŸ’αžšαŸ„αž„β€‹αž’αŸ’αžœαžΎβ€‹αž“αŸ…β€‹αžαŸ’αž„αŸƒβ€‹αž‘αžΈβ€‹αŸ’αŸ€β€‹αžŠαž›αŸ‹β€‹αžαŸ’αž„αŸƒβ€‹αž‘αžΈβ€‹αŸ’αŸ₯β€‹αžαŸ‚β€‹αž€αž€αŸ’αž€αžŠαžΆβ€‹αž€αŸ’αž“αž»αž„β€‹αž”αŸ’αžšαž‘αŸαžŸβ€‹αžαž½αž€αž‚αžΈαŸ”

αž€αžαŸ’αžαžΆαž‘αžΈ αŸ£αŸ– αž’αž»αžΈαžŸαŸ’αžšαžΆαž’αŸ‚αž›-αž αŸ’αž‚αžΆαž αŸ’αžŸαžΆ

αž‘αž“αŸ’αž‘αžΉαž˜αž“αžΉαž„αž“αŸαŸ‡ αž‡αž˜αŸ’αž›αŸ„αŸ‡αž’αž»αžΈαžŸαŸ’αžšαžΆαž’αŸ‚αž›-αž αŸ’αž‚αžΆαž αŸ’αžŸαžΆαž“αŸ…αžαŸ‚αž”αž“αŸ’αž αžŠαŸ„αž™αž˜αžΆαž“αž‡αž“αž‡αžΆαžαž·αž”αŸ‰αžΆαž‘αŸαžŸαŸ’αž‘αžΈαž“αž™αŸ‰αžΆαž„αž αŸ„αž…αžŽαžΆαžŸαŸ‹ 60 αž“αžΆαž€αŸ‹αžαŸ’αžšαžΌαžœαž”αžΆαž“αžŸαž˜αŸ’αž›αžΆαž”αŸ‹ αž αžΎαž™αž—αžΆαž–αž’αžαŸ‹αžƒαŸ’αž›αžΆαž“αžαŸ’αžšαžΌαžœαž”αžΆαž“αž‚αŸαžƒαžΎαž‰αž“αŸ…αž‚αŸ’αžšαž”αŸ‹αž‘αžΈαž€αž“αŸ’αž›αŸ‚αž„αŸ” αž‡αžΆαž›αž‘αŸ’αž’αž•αž› αž”αŸ’αžšαž‘αŸαžŸαž•αŸ’αžŸαŸαž„αž‘αŸ€αž αžšαž½αž˜αž‘αžΆαŸ†αž„αž…αž€αŸ’αžšαž—αž–αž’αž„αŸ‹αž‚αŸ’αž›αŸαžŸ αž”αžΆαžšαžΆαŸ†αž„ αž’αž»αžΈαžαžΆαž›αžΈ αž“αž·αž„αž‡αž”αŸ‰αž»αž“ αž”αžΆαž“αž…αŸαž‰αžŸαŸαž…αž€αŸ’αžαžΈαž‘αžΆαž˜αž‘αžΆαžšαžšαž½αž˜αž˜αž½αž™αžŸαž˜αŸ’αžšαžΆαž”αŸ‹αž”αž‘αžˆαž”αŸ‹αž”αžΆαž‰αŸ‹αž‡αžΆαž”αž“αŸ’αž‘αžΆαž“αŸ‹αž“αŸ…αž€αŸ’αž“αž»αž„αž‡αž˜αŸ’αž›αŸ„αŸ‡αž’αž»αžΈαžŸαŸ’αžšαžΆαž’αŸ‚αž›-αž αŸ’αž‚αžΆαž αŸ’αžŸαžΆαŸ”

β†’ αž–αž½αž€αž‚αŸαž…αž„αŸ‹αž‡αŸ†αžšαž»αž‰αž±αŸ’αž™αž˜αžΆαž“αž€αžΆαžšαž”αž“αŸ’αž’αžΌαžšαž”αž“αŸ’αžαž™ αž“αž·αž„αžŠαŸ†αžŽαŸ„αŸ‡αžŸαŸ’αžšαžΆαž™αž…αŸ†αž–αŸ„αŸ‡αž’αŸ†αž–αžΎαž αž·αž„αŸ’αžŸαžΆαžŠαŸ‚αž›αž€αŸ†αž–αž»αž„αž”αž“αŸ’αžαŸ”

αž€αžαŸ’αžαžΆαž‘αžΈαŸ€αŸ– αž’αž»αžΈαžšαŸ‰αž„αŸ‹αž˜αžΆαž“αž”αŸ†αžŽαž„αž…αžšαž…αžΆαž€αž·αž…αŸ’αž…αž–αŸ’αžšαž˜αž–αŸ’αžšαŸ€αž„αž“αž»αž™αž€αŸ’αž›αŸαž’αŸŠαŸ‚αžš

αž’αž»αžΈαžšαŸ‰αž„αŸ‹β€‹αž”αžΆαž“β€‹αž”αž„αŸ’αž αžΆαž‰β€‹αž†αž“αŸ’αž‘αŸˆβ€‹αž€αŸ’αž“αž»αž„β€‹αž€αžΆαžšβ€‹αž…αžšαž…αžΆβ€‹αž“αž»αž™αž€αŸ’αž›αŸαž’αŸŠαŸ‚αžšβ€‹αž‡αžΆαž˜αž½αž™β€‹αžšαž»αžŸαŸ’αžŸαŸŠαžΈ αž“αž·αž„β€‹αž…αž·αž“ αžŠαŸ‚αž›β€‹αž‡αžΆβ€‹αžŸαž‰αŸ’αž‰αžΆβ€‹αž“αŸƒβ€‹αž€αžΆαžšβ€‹αž•αŸ’αž›αžΆαžŸαŸ‹αž”αŸ’αžαžΌαžšαž‚αŸ„αž›αž‡αŸ†αž αžšβ€‹αžšαž”αžŸαŸ‹β€‹αž€αŸ’αžšαž»αž„β€‹αžαŸαž’αŸαžšαŸ‰αž„αŸ‹αŸ” αž“αŸαŸ‡αž’αŸ’αžœαžΎαž‘αžΎαž„αž”αž“αŸ’αž‘αžΆαž”αŸ‹αž–αžΈαž€αžΆαžšαžœαžΆαž™αž”αŸ’αžšαž αžΆαžšαžαžΆαž˜αž’αžΆαž€αžΆαžŸαžšαž”αžŸαŸ‹αž’αžΆαž˜αŸαžšαž·αž€αž‘αŸ…αž›αžΎαž‘αžΈαžαžΆαŸ†αž„αž“αž»αž™αž€αŸ’αž›αŸαž’αŸŠαŸ‚αžšαž’αŸŠαžΈαžšαŸ‰αž„αŸ‹αŸ” αž™αŸ„αž„αžαžΆαž˜αž€αžΆαžšαž”αž„αŸ’αž αŸ„αŸ‡αžšαž”αžŸαŸ‹ Trump αž“αŸ…αž–αŸ’αžšαžΉαž€αž“αŸαŸ‡ “αž€αžΆαžšαžαžΌαž…αžαžΆαžαž‚αžΊαž’αŸ’αž„αž“αŸ‹αž’αŸ’αž„αžšαžŽαžΆαžŸαŸ‹ αž–αž½αž€αž‚αŸ(αžŸαŸ†αžŠαŸ…αž›αžΎαž“αž»αž™αž€αŸ’αž›αŸαž’αŸŠαŸ‚αžšαž’αž»αžΈαžšαŸ‰αž„αŸ‹) αžαŸ’αžšαžΌαžœαž”αžΆαž“αž”αŸ†αž•αŸ’αž›αžΆαž‰” αžαžŽαŸˆαž–αŸαž›αžŠαŸ‚αž›αž…αŸ„αž‘αž”αŸ’αžšαž€αžΆαž“αŸ‹ CNN αžαžΆαž–αž½αž€αž‚αŸαž…αŸαž‰αž•αŸ’αžŸαžΆαž™αž–αŸαžαŸŒαž˜αžΆαž“αž€αŸ’αž›αŸ‚αž„αž€αŸ’αž›αžΆαž™αŸ”

αž€αžαŸ’αžαžΆαž‘αžΈαŸ₯αŸ– αž€αžΆαžšαž–αž·αž—αžΆαž€αŸ’αžŸαžΆαž–αžΆαžŽαž·αž‡αŸ’αž‡αž€αž˜αŸ’αž˜

αž€αžΆαžšαž–αž·αž—αžΆαž€αŸ’αžŸαžΆαžšαžœαžΆαž„αžŸαž αžšαžŠαŸ’αž‹αž’αžΆαž˜αŸαžšαž·αž€ αž“αž·αž„αž…αž·αž“αžαŸ’αžšαžΌαžœαž”αžΆαž“αž‚αŸαžšαžΆαž™αž€αžΆαžšαžŽαŸαžαžΆαž€αŸ†αž–αž»αž„αž†αŸ’αž–αŸ„αŸ‡αž‘αŸ…αžšαž€αž•αŸ’αž“αŸ‚αž€αžœαž·αž‡αŸ’αž‡αž˜αžΆαž“ αžŠαŸ„αž™αž–αž½αž€αž‚αŸαž’αžΆαž…αž“αžΉαž„αž–αž·αž—αžΆαž€αŸ’αžŸαžΆαž‘αŸ…αž›αžΎαž€αžΆαžšαž‡αž½αž‰αžŠαžΌαžšαž”αŸ’αžšαŸαž„αž“αŸ…αžšαž»αžŸαŸ’αžŸαž»αžΈ αž“αž·αž„αž’αž»αžΈαžšαŸ‰αž„αŸ‹αž˜αŸ’αžαž„αž‘αŸ€αž αž‡αžΆαž–αž·αžŸαŸαžŸαž“αŸ…αž–αŸαž›αžŠαŸ‚αž›αž…αž·αž“αž€αŸ’αž›αžΆαž™αž‡αžΆαž”αŸ’αžšαž‘αŸαžŸαž‘αž·αž‰αž”αŸ’αžšαŸαž„αž’αŸ†αž”αŸ†αž•αž»αžαžšαž”αžŸαŸ‹αž–αž½αž€αž‚αŸαŸ”

αž‘αž“αŸ’αž‘αžΉαž˜αž“αžΉαž„αž“αŸ„αŸ‡ αž€αžΆαžšαž…αžšαž…αžΆαž–αžΆαžŽαž·αž‡αŸ’αž‡αž€αž˜αŸ’αž˜αž‡αžΆαž˜αž½αž™αžŸαž αž—αžΆαž–αž’αžΊαžšαŸ‰αž»αž”αž“αŸ…αžαŸ‚αžŠαžŠαŸ‚αž› αž‘αŸ„αŸ‡αž”αžΈαž‡αžΆαž—αžΆαž‚αžΈαž‘αžΆαŸ†αž„αž–αžΈαžšαž˜αžΆαž“αž‚αŸ„αž›αž”αŸ†αžŽαž„αžŸαž˜αŸ’αžšαŸαž…αž“αžΌαžœαž€αž·αž…αŸ’αž…αž–αŸ’αžšαž˜αž–αŸ’αžšαŸ€αž„αž€αŸ’αž“αž»αž„αž–αŸαž›αž†αžΆαž”αŸ‹αŸ—αž“αŸαŸ‡αž€αŸαžŠαŸ„αž™αŸ”

*** αž…αŸ†αžŽαž»αž…αžŸαŸ†αžαžΆαž“αŸ‹ ***

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αž…αŸ†αž–αŸ„αŸ‡αž€αžαŸ’αžαžΆαž‘αžΈ 4 αž“αž·αž„αž‘αžΈ 5 αž‘αžΆαŸ†αž„αž“αŸαŸ‡αž€αŸ†αž–αž»αž„αž‘αžΆαž‰αžαž˜αŸ’αž›αŸƒαž˜αžΆαžŸαž‘αŸ…αžšαž€αž€αžΆαžšαž’αŸ’αž›αžΆαž€αŸ‹αž…αž»αŸ‡αž”αž“αŸ’αžαž·αž…αž αžΎαž™αŸ”Β 

|English Version|

Here are some events that have been pushing the gold prices around. 

Factor 1: Federal Reserve Chair Faces Criminal Referral

House GOP Representative Anna Paulina Luna has formally referred Federal Reserve Chair Jerome Powell to the Department of Justice for a criminal investigation, accusing him of perjury. This comes when Luna claims Powell misrepresented and cost overruns on the new renovations at the Federal Reserve’s Eccles Building and maintenance. Although Powell has denied all of these accusations, if this evidence is proven, then Powell could face up to 5 years in prison and fines. 

Factor 2: Russia-Ukraine Conflict Intensifies

The ongoing war between Russia and Ukraine continues to escalate, with over 400 drones and 24 missiles striking Ukrainian targets overnight, including civilian shelters in substations. 

All of these attacks led to a significant rise in casualties. Therefore, Norway and the Netherlands have pledged to supply missiles to Ukraine, while French companies plan to manufacture drones in Ukraine to support their defense efforts. 

In short, the majority are supporting Ukraine, which aims to end this conflict. Ceasefire talks between Russia and Ukraine are scheduled for July 24-25 in Turkey. 

Factor 3: Israel-Gaza 

Meanwhile, the Israel-Gaza conflict continues, with at least 60 Palestinians killed, and starvation is seen everywhere. As a result, other countries, including the UK, France, Italy, and Japan, issued a collective demand for an immediate ceasefire in the Israel-Gaza conflict. 

β†’ They want to press for de-escalation and a resolution to the ongoing violence.

Factor 4: Iran Signals Openness to Nuclear Talks

Iran has expressed willingness to engage in nuclear negotiations with Russia and China, signaling a potential shift in Tehran’s stance. This follows a fragile ceasefire with Israel and the US after US airstrikes targeted Iranian nuclear facilities. According to a Trump post earlier this morning, β€œDamages are very severe; they are destroyed,” while calling out CNN a fake news. 

Factor 5: Trade Talk 

U.S.-China discussions are reportedly leaning toward a positive side, with potential talks on Russian and Iranian oil trades on the table. Especially when China becomes the largest purchaser of Iranian oil. 

Meanwhile, trade talks with the European Union remain stalled, though both sides are eager to reach an agreement soon.

***Important***

To conclude, factors 1 and 2 are causing the gold prices to go upward, where factor 3 can partly contribute as long as the fight remains. Yet, if the ceasefire exists once again, then Factor 3 will become a factor to decrease the gold price. 

As for factor 4 and 5, these are paving some path for more certainty, which could also lead to gold prices declining as well. 

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