The price of gold has fallen by 5% over the past week, showing the most significant drop in the last three years. The main factors that influenced this dynamics were the strengthening of the US dollar and investors' expectations about high inflation, as well as a slow reduction in interest rates due to Trump's economic policy. What does the current decline mean for the precious metals market, what prospects await gold, and how are investors reacting to it? Read a detailed review and commentary ...

... Producer Price Index (PPI), July 2025: M/M: +0.9% (forecast +0.2%; previous value 0%) Y/Y: +3.3% (forecast +2.5%; previous value +2.3%) Core PPI (excluding food and energy): Y/Y: +3.7% (forecast +3.0%; previous value +2.6%) USA: July Producer Price Inflation (PPI) Surpasses Expectations Key Indicators July data on the Producer Price Index (PPI) in the USA revealed a significant acceleration in inflationary pressures. The index increased by 0.9% month-on-month , substantially exceeding the consensus estimate of +0.2% and ...

... Jerome Powell—will occur only on Friday, markets will begin reacting to any statements from Jackson Hole participants on Thursday. If Fed representatives’ comments indicate growing concern about an economic slowdown or other factors, investors might expect a more dovish tone from Powell. Conversely, a continued hawkish rhetoric on fighting inflation will signal that interest rates are likely to remain high longer. The symposium in Jackson Hole traditionally has the potential to provoke significant volatility in currency and bond markets, as it sets the direction of monetary expectations ...

... the U.S. will also provide valuable insights into economic activity and may influence the dollar. Investor Recommendations: Investors trading in the euro, Canadian dollar, or real estate-linked assets should monitor these data points closely. Strong inflation figures may lead central banks to adjust interest rates, impacting bond yields, currencies, and inflation-sensitive sectors. Central Bank Speeches Key central bank officials are set to speak today: ECB’s Frank Elderson – Expected to emphasize the importance of stability in the Eurozone and discuss inflationary pressures. Bank of England Governor – May comment on the British economy amidst Brexit challenges. U.S. Federal Reserve’s Schmid – Likely to address domestic ...

... projected range for the rate by the end of 2025 is 3.5%–3.75%, responding to inflationary pressures triggered by tariffs. Global Growth and Inflation: A slowdown in global growth is anticipated, projecting a rate of 2.5% (down from 2.9% in 2024). Inflation will remain elevated in developing economies, although a reduction is expected in developed countries. State of Global Trade: U.S. tariffs and protectionist measures from other countries will lead to diversification of supply chains. Countries like India, with lower dependency on exports to the U.S., may benefit from the ...