Solidex USD Price & Performance (SEXUSD)

Gold prices have fluctuated significantly, hitting a record high of $2,956 before retreating. Concerns over impending tariff hikes by the Trump administration are driving safe-haven demand. However, profit-taking and technical resistance at $2,960 are tempering momentum. Traders are closely watching inflation data for further market direction.12

The University of Michigan Consumer Sentiment Index fell to 57.9 this month, marking its lowest level in over two years. A sharp rise in inflation expectations has compounded concerns, with the 5-year outlook reaching 3.9%. Analysts warn that dwindling confidence could weaken consumer spending, a key driver of the U.S. economy.3

The Dow Jones Industrial Average ended its losing streak on Friday, boosted by gains in tech and banking stocks. Nvidia surged 4.5%, helping the index recover from near-correction territory. However, the Dow remains below its 200-day moving average, indicating lingering bearish sentiment among investors.3