Sydney NSW 2000. Level 2, 35
Clarence Street.
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Trump’s tough stance on Iran’s nuclear issue has led to a surge in demand for safe haven gold! Can bulls break through key resistance?
- July 1, 2025
- Posted by: Macro Global Markets
- Category: News
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On June 29th local time, US President Trump announced on social media “Real Social” that the United States has completely destroyed Iran’s three nuclear facilities in Fordo, Natanz, and Isfahan, and has made it clear that “sanctions against Iran will not be lifted,” while warning that “if Iran continues to provoke, it will bomb its nuclear facilities again.
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Trump warns at NATO summit that conflict with Iran may erupt again, leading to heightened risk aversion in the gold market
- June 26, 2025
- Posted by: Macro Global Markets
- Category: News
On June 25th local time, US President Trump made a heavyweight statement during the NATO summit, stating that “the conflict between Israel and Iran may erupt again, perhaps soon”. This statement shattered market expectations of a easing of tensions in the Middle East and triggered global financial market volatility. As of the morning session of June 26th in the Asian market, spot gold prices quickly rebounded from a two-week low of $3322.93 per ounce to around $3345.62, an increase of 0.4%, while the US dollar index fell to 97.46, a new low since March 2022, providing dual support for gold prices.
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Trump’s major shift in energy policy : Unleashing fossil fuels and reshaping the global energy landscape
- January 21, 2025
- Posted by: Macro Global Markets
- Category: News
Trump plans to take a series of actions immediately after his inauguration, using emergency powers to free up U.S. domestic energy production while reversing the Biden administration’s actions to combat climate change, according to people familiar with the matter. The shift is aimed at fulfilling his campaign promise to increase domestic energy production and reorient federal government policy to support oil and gas production, in stark contrast to the Biden administration’s efforts to curb fossil fuels.
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