Browsing: Federal Reserve

Gold prices rose as the U.S. dollar softened, with traders watching tariff signals, U.S. jobless claims and Geneva talks involving Iran.

Gold jumped to a three-week high on a weaker dollar, then eased on profit taking as the dollar firmed and metals prices swung in global trade.

Minutes from the Fed’s Jan 27-28 meeting show a split on the next rate move after holding 3.5%-3.75% with two dissenters seeking a cut; some kept hikes in view.

Gold fell more than 2% to $4,898.53 an ounce as the dollar index rose 0.2% and holiday closures thinned trade, with Fed minutes due Wednesday, after $4,862 low.

Congressional Budget Office projects US debt near $64 trillion within a decade as annual deficits rise and interest costs grow under current law and tariffs now.

Gold slipped as a firmer U.S. dollar followed a stronger January jobs report, with payrolls up 130,000 and unemployment at 4.3%, ahead of U.S. CPI Friday print.

U.S. employers announced 108,435 job cuts in January, the highest January total since 2009, led by UPS and Amazon plans, Challenger said. Hiring plans hit lows.

Bitcoin slid to a 2024 range after its $126,000 peak in Oct. 2025, while Coinbase and other crypto stocks dropped more than 15% in a week, as volatility jumped.

Gold and silver plunged after CME margin hikes and stronger dollars, triggering forced liquidations and wiping trillions in notional value across metals markets.

Silver’s sharp fall and gold’s steep drop followed a shift in rate pricing after Donald Trump tapped Kevin Warsh for Fed chair, sending the dollar higher and ETFs lower.