Gold stays firm as US jobless claims beat forecasts, reducing odds of a July rate cut. High Treasury yields and firm Greenback keep Gold in a tight range. Trump slams Brazil with 50% tariffs, raising trade war uncertainty. Gold price (XAU/USD) remained firm during Thursday’s North American session as the US Dollar remained solid following
XAU/USD Current price: $3,314.85 Rallying US equities undermine demand for the bright metal. Hawkish comments from Fed officials and risks of higher rates hit Gold. XAU/USD retreated from around $3,300 and gains downward traction. Gold price advanced throughout the first half of the day, but retreated in the American session, towards the current $3,310 a
Gold tests key support trendline as sellers retain control. Bearish bias needs confirmation below 3,285. Gold has been on the backfoot so far this month, as diminished rate cut expectations and a risk-off mood have dominated market sentiment. From a technical perspective, the decline appears to have further room to run. The RSI and MACD keep
Gold ETFs saw Rs 2,081 crore inflow in June, the highest in 5 months, driven by gold prices, geopolitical uncertainty, and equity market volatility. Inflows crossed Rs 8,000 crore in H1 2024. New Delhi, Jul 10 (PTI) Gold Exchange Traded Fund (ETF) attracted a net sum of Rs 2,081 crore in June, making it the
Gold respects the $3,300 Fair Value Gap, signaling a possible bullish recovery if $3,360 gives way. Supplementary Headline: Previous bearish play unfolds as expected, but failure to break key support suggests sellers may be exhausted. Technical Forecast: Neutral bias with bullish potential above $3,315; bearish risk resumes if $3,300 fails. Narrative: Bearish breakdown played out,
Former American gymnast (right) Mary Lou Retton (left) was recorded telling police officers that they could not arrest her because she is a gold medalist (Picture: Fairmont Police Department/AP) Former Olympic gold medalist Mary Lou Retton was captured on video being arrested for alleged drunk driving and handcuffed around her oxygen tank. Newly released police
Gold price scales higher for the second straight day amid a combination of supporting factors. Trade jitters act as a tailwind for the safe-haven XAU/USD pair on the back of a softer USD. Declining US bond yields and Fed rate cut bets further benefit the non-yielding yellow metal. Gold price (XAU/USD) is building on the
Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 9,130.02 Indian Rupees (INR) per gram, broadly stable compared with the INR 9,121.96 it cost on Wednesday. The price for Gold was broadly steady at INR 106,490.70 per tola from INR 106,396.80 per tola
Investor sentiment remained fragile in the first half of 2025, providing strong tailwinds for gold. Despite gradually easing geopolitical tensions, the Trump administration’s chaotic tariff policies, weakening greenback and central banks’ increasing purchases of the precious metal have contributed to gold’s sustained appeal. Favorable fundamentals could position gold for further gains through late 2025 and
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