Gold (XAU/USD) prices have recently corrected after hitting the key resistance level at $3,500. However, the pullback appears healthy and reflects underlying strength in the gold market. Traders are now closely monitoring global developments, particularly tariff-related news, that could influence gold demand. Despite the recent correction, the overall trend remains bullish. Fed rate cut speculation
XAU/USD Current price: $3,290.46 US President Donald Trump cooled down concerns about Fed Powell’s continuity. Hopes of easing trade tensions between the United States and China lifted the mood. XAU/USD corrected extreme overbought readings, sellers paused. Spot Gold retreats on Wednesday, extending its slump to the $3,260 area during American trading hours. The bright metal
Fresh record for gold“First tariffs and now the Fed chairman. Trump continues to make investors fret about the outlook for the US and the global economy. Faced with this, the global investment community continues to pile into gold, which has made a fresh record today of $3500. Gold is an unlikely successor to 2024’s fever-driven
XAU/USD Current price: $3,394.10 US Treasury Secretary Scott Bessent sees a de-escalation of tensions with China. A better mood pushed Gold sharply lower after the bright metal reached fresh record highs. XAU/USD edges sharply lower after reaching record highs, corrective decline may continue. Gold hit $3,500 a troy ounce on Tuesday, yet another record high.
XAU/USD Current price: $3,414.05 US President Donald Trump renewed his attack on Fed Chairman Jerome Powell. US indexes collapse amid concerns about the economic performance under Trump. XAU/USD is likely to keep posting record highs, with dips seen as buying opportunities. Spot Gold traded as high as $3,430.36 on Monday, rallying on continued US Dollar
ISTANBUL, TURKEY – APRIL 17: A 500 gram gold bar is seen in a gold shop window on April 17, 2025 in … More Istanbul, Turkey. Gold prices have surged past the $3.300 per ounce mark amid escalating tensions in the U.S.-China tariff war. (Photo by Chris McGrath/Getty Images) Getty Images Trefis Gold prices surged
Gold prices have paused after a strong rally as investors take time to digest the latest global trade news. This comes as traders absorb new tariff developments announced by US President Donald Trump. The recent surge in prices has been driven by growing fears over a recession and rising geopolitical tensions, especially between the US
WASHINGTON: US leveraged-loan funds had their biggest-ever weekly outflow as investors dumped corporate debt across the board on concern that the tariff-spurred market turmoil will hit the economy. An estimated US$6.5bil was pulled from the funds in the week ended last Wednesday, according to data from LSEG Lipper, as prices on the risky debt hit
Gold drops for the second day as safe-haven appeal wanes, despite Powell highlighting increased downside risks. Powell states the Fed can delay action for clarity, noting tariffs may prolong inflation and unnerving Gold bulls. Hawkish Fed tone boosts DXY by 0.47% to 102.56; deepening yield curve inversion stokes recession concerns. Gold (XAU) prices are extending on Friday
Gold price attracts some dip-buyers on Wednesday and stalled the overnight pullback from the all-time high. Fed rate cut bets, subdued USD demand and rising trade tensions lend support to the safe-haven XAU/USD. The uptick lacks bullish conviction as traders now await Trump’s impending reciprocal tariffs announcement. Gold price (XAU/USD) trades with a positive bias