Tuesday’s gold market a weak day Overall, with sellers on the prowl for the second day in a row. This dip follows on the heels of a two-week high gold prices had just reeled in. Supporting this reversal were a modest recovery of the US dollar and a more positive risk tone.
Now investors are hosting a wave of optimism. This enthusiasm stems from President Trump’s surprise announcement last week to postpone the imposition of tariffs on the European Union. This geopolitical development continues to underpin heightened demand for safe-haven assets—including gold—despite the recent price retreat.
Quant (QNT) is making a big comeback in the crypto industry. While the altcoin market is experiencing a bigger slowdown, it continues to be an impressive heartening proves. QNT’s recent announcement regarding a layer 2.5 network tailored for institutions and decentralized finance has captured attention and shows potential for further growth.
“Top Gainers QNT JUP FORM: DeFi tokens rally as top altcoins stall,” highlights the current situation where decentralized finance tokens are experiencing upward momentum while many leading altcoins are facing stagnation. Ethereum (ETH), Ripple (XRP), Solana (SOL) and Dogecoin (DOGE) lost value during the last day. Their losses were typically between 1% and 3%.
Elsewhere, the GBP/USD currency cross has deepened its declines under the 1.3550 level. The market is looking at the Senate tax debate and upcoming US economic data to determine how these could affect the currency even more.
“The US dollar recovery is tepid,” which speaks to how much the forex market continues to chafe against the Fed’s hawkish pivot. One big reason for investor caution … Investors are watching a slew of upcoming economic readings that could influence future trading strategies.