Gold price rebounds after Friday’s profit-taking slide; light trading could exaggerate moves. The US Dollar and US Treasury yields consolidate losses, bracing for US-Russia talks and Fed Minutes. Gold price could see a fresh upside as the daily RSI eases from the overbought territory. Gold price is back on the bids early Monday, reversing
Silver price soars to near $33.30 despite multiple headwinds. US Trump didn’t reveal a detailed reciprocal tariff plan on Thursday. The Fed is expected to hold interest rates steady in the next three policy meetings. Silver price (XAG/USD) surges over 2.5% to near $33.30 in Friday’s North American session, the highest level seen in more
Gold price takes a breather on Friday as traders brace for profit-taking. The US Dollar licks wounds with US Treasury yields on cautious optimism and dovish Fed bets. Gold price could retreat to the daily support line at $2,892 amid overbought RSI. Gold price is taking a breather while holding near $2,930 early Friday, having
Silver price grips gains near $32.30 amid weakness in the US Dollar and uncertainty over Trump’s reciprocal tariffs. The US Dollar declines as optimism over Russia-Ukraine peace talks has improved market sentiment. Hot US CPI data for January has boosted expectations for the Fed’s “higher for longer” interest rates. Silver price (XAG/USD) holds onto gains
XAU/USD Current price: $2,903.97 Fed Chairman Jerome Powell testified before Congress, said nothing new to markets. The US January Consumer Price Index is expected to remain stable at 2.9% YoY. XAU/USD attracts buyers on dips, higher highs still likely. Spot Gold peaked at $2,942.76 early on Tuesday, reaching yet another record high before giving up.
Gold price continues to attract safe-haven flows amid persistent worries about Trump’s trade tariffs. Mostly upbeat US jobs data and inflationary concerns could allow the Fed to hold interest rates steady. A modest US Dollar strength might cap gains for the XAU/USD pair amid overbought conditions. Gold price (XAU/USD) retains its bullish bias through the
Gold price consolidates its recent strong gains to a record high touched on Monday. Rebounding US bond yields and a modest USD uptick cap gains for the commodity. Worries about Trump’s tariffs and inflation concerns lend support to the XAU/USD. Gold price (XAU/USD) price seesaws between tepid gains/minor losses through the first half of the
Gold price attracts fresh buyers following an intraday slide to the $2,772 area. Concerns over Trump’s new trade tariffs offer support to the XAU/USD pair. Broad-based USD strength might cap the commodity ahead of the US ISM PMI. Gold price (XAU/USD) recovers a major part of intraday losses and climbs back closer to the $2,800
Gold prices remain near multi-month highs as traders await the Federal Reserve’s interest rate decision. Despite modest losses during the early European session on Wednesday, the price action remains strong in gold. The ongoing softness in US Treasury bond yields and the US Dollar supports gold, limiting its downside. Concerns about US President Donald Trump’s
Gold has consistently been a safe-haven asset, attracting investors during periods of economic uncertainty or geopolitical tensions. Recent developments in global trade, inflation expectations, and monetary policies have significantly impacted gold prices. On January 22, 2025, the gold market showed notable bullish momentum, driven by fundamental and technical factors. This article explores these drivers and