Gold record records brakes in the hope of reducing global trade tensions
Golden Sharply since last week, while the world’s bags have seen a recovery in signs Descalada in the trade war The world, especially between the United States and China.
Both gold in cash and golden futures decreased around 6.5 % From the historical maximum He achieved last Tuesday. It is possible that investors have begun to obtain compensation from precious metals due to the low demand for the shelter. According to Barclays strategies, Gold recovery It is ahead of the basics and it seems technically extended after the last climb. Meanwhile, Bloomberg stated that coverage boxes have reduced their long net stances in futures and gold options to more than a year.
“This can indicate that the yellow metal I can suffer from more fallMichael Brown, Head of Fulfilli Research wrote It has been particularly reduced in Asia.
The strength of the euro, the main factor for the height of gold in 2025
The demand for shelter assets increased in the midst of the economic uncertainty derived from President Donald Trump’s tariff. Gold, one of the traditional assets used to protect yourself Against financial crises and inflationGlobal markets exceeded more than 25 % so far this year. Indirectly, the strength of the euro, which pressed heavily on the US dollar, contributed to the recovery of precious metals.
The feeling of “American exceptional” caused a sharp decrease in the green ticket in 2025, while the euro was significantly strengthened against the dollar as an active shelter. The torque of the euro/US dollar has increased 11 % since the beginning of February. The power of the euro, and therefore Weak US dollar It was again a major engine for gold behavior, along with an increase in Geopolitical risk The World Gold Council said in a report, the global gold council recovered in a report. He deceived gold For European investors, with gold purchases of $ 1,000 million (0.88 billion euros) in Europe, making it the second largest buyer among the regions.
Short -term risks
However, gold may face a short -term decrease due to several factors, such as fading Feeling aversion to the risksOvercomprra signs, liquidity risks and a slowdown in the purchase of central banks.
The main reason for the bounce of gold was to restore the feeling of dangers after Trump said he would reduce “significantly” Definitions to ChinaWhich led to a wide recovery in the global stock markets. Last week, the main bags often reduced April’s losses in the decala signals in the trade war between the United States and China. A change in Trump’s position can restore the portfolio between the fund managers and retailers.
In second place, Gold shot in the very short termIt usually leads to the OvercopPRA pattern of a technical perspective. The operators tend to collect benefits and create short positions based on these signals, and options that especially reflect these trends.
A safe value in any case
Third, central banks and private sector investors can slow down the purchase due Strong pricing recovery. It is also possible that economic uncertainty will affect the ability to withstand the costs of retail investors to invest in gold.
Finally, a gold -long ball is usually supported by flexible monetary policy and high liquidity conditions. However, the The risk of inflation linked Trump’s tariff It can lead to central banks to slow the interest rate. The Trump administration also seeks to restrict public spending, which may cause liquidity shrinkage.
However, Brown hopes that gold will continue to rise Because of the current uncertainty: “However, looking at all uncertainty and turmoil in other places, gold still seems like Better bet as a shelter This is almost anything else. “
