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Gold prices drifted higher on Monday, steered by a softer dollar and safe-haven demand after Moody's downgraded the U.S.
Gold prices fell as the dollar dropped and safe-haven demand returned after Moody's downgraded the U.S. government's credit ...
Gold futures posted their second consecutive strong gain on Tuesday, rising 3% in the two days since Moody's downgraded its U ...
Gold prices surged on May 23 due to a weakening U.S. dollar and fears over rising national debt, following Moody’s downgrade ...
Gold (XAU/USD) capitalized on safe-haven flows and registered impressive gains after declining sharply in mid-May, a rally ...
Gold rose as the dollar tumbled after Moody’s Ratings stripped the US of its last top credit rating due to ballooning debt ...
So, Moody’s downgraded U.S. sovereign credit rating from AAA to AA1, which means that the U.S. debt is no longer top-rated.
The rally comes after Trump dropped another surprise trade bombshell by recommending 50% tariffs on the European Union.
The spark was Moody’s downgrade of the U.S. government’s long-term issuer and senior unsecured ratings, which sent investors rushing toward gold amid growing concerns about fiscal sustainability.
Citing unsustainable debt levels, ballooning interest costs and political uncertainties in Washington – Moody’s now ...
Gold prices have exhibited volatility amidst global economic uncertainties, including concerns over US trade policies and ...
Gold steadied after its first decline this week, as some traders turned to long-term US government bonds and the dollar ...
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