Gold extends gains and prints a fresh two-month ahead of Trump's first full day in office

Gold extends gains and prints a fresh two-month ahead of Trump’s first full day in office

Gold price extends gains and is on its way to have nearly 1% gains on Tuesday. Traders brace for the first full day in President Trump’s presidency with headline risk elevated. Gold at a fresh two-month high at $2,732.70 and enters the area with $2,790 as firm resistance ahead.

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President Donald Trump announces ‘Project Stargate’, $500 billion AI investment, with OpenAI’s Sam Altman, Oracle’s Larry Ellison, and SoftBank’s Masayoshi Son at The White House.

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China’s credit impulse signals potential headwinds for global manufacturing, suggesting a slowdown ahead. With the sector already weak, more stimulus may be needed, but its impact could be limited as the credit multiplier continues to be weak.

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Gold extends gains and prints a fresh two-month ahead of Trump’s first full day in office

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President Donald Trump announces ‘Project Stargate’, $500 billion AI investment, with OpenAI’s Sam Altman, Oracle’s Larry Ellison, and SoftBank’s Masayoshi Son at The White House.

China’s credit impulse signals potential headwinds for global manufacturing, suggesting a slowdown ahead. With the sector already weak, more stimulus may be needed, but its impact could be limited as the credit multiplier continues to be weak.