The Fed trumped – Gold to rally [Video]

Samuel Briggs Kinesis Money

In the latest Live from the Vault episode, Andrew Maguire explores how Trump´s election victory has sparked volatility in gold and silver markets, highlighting key trends in physical demand and market dynamics.

Maguire discusses how the dollar’s weaponisation and missed diplomatic opportunities have accelerated BRICS nations’ de-dollarisation efforts, with gold-backed currencies emerging as a strategic alternative.

Timestamps:

00:00 Start
01:35 How Trump’s election win stirred market turmoil
07:40 Gold price chart: Central banks buying the dips
13:50 The Fed forced to cover short positions at higher prices
16:30 Gold price chart: Trump Trades, BIS report & Fed short-covering
22:15 How far will the gold and silver selloff go?
27:50 Silver price chart: Surge in physical demand in Asia
31:10 BRICS & Trump: Missed opportunities fast-tracking BRICS plans

Author

Samuel Briggs

Kinesis Money

Samuel holds a deep understanding of the precious metals markets, and as an in-house journalist for 1:1 gold and silver-backed monetary system, Kinesis, he is chiefly responsible for updating the community with insights and analys

EUR/USD plummets to 1.1840 on US NFP

EUR/USD’s selling momentum now picks up pace and rapidly hits the 1.1840 region on Wednesday. Indeed, the pair’s decline comes amid rising buying pressure on the US Dollar in the wake of firmer-than-expected results from US NFP in January.

GBP/USD approaches 1.3600 on USD-buying

GBP/USD adds to Tuesday’s pullback and trades closer to the 1.3600 support on Wednesday. That said, Cable’s extra downside traction comes against the backdrop of renewed strength in the Greenback as investors assess the latest US NFP data.

Gold trims gains post-NFP, targets $5,000

Gold rapidly reverses initial gains and retreats to the vicinity of the $5,000 region per troy ounce amid further gains in the Greenback and rising US Treasury yields, all following the latest US NFP readings.

Ripple Price Forecast: XRP sell-side pressure intensifies despite surge in addresses transacting on-chain

Ripple (XRP) is edging lower around $1.36 at the time of writing on Wednesday, weighed down by low retail interest and macroeconomic uncertainty, which is accelerating risk-off sentiment.

S&P 500 at 7,000 is a valuation test, not a liquidity problem

The rebound from last week’s drawdown never quite shook the sense that it was being supported by borrowed conviction. The S&P 500 once again tested near the 7,000 level (6,986 as the high watermark) and failed, despite a macro backdrop that would normally be interpreted as supportive of risk.

Bitcoin price slips below $67,000 ahead of US Nonfarm Payrolls data

Bitcoin price extends losses, and trades below the lower consolidating boundary at $67,300 at the time of writing. A firm close below this level could trigger a deeper correction for BTC. Despite the weakness in price action, institutional demand shows signs of support, recording mild inflows in ETFs so far this week.