Gold price attracts buyers for the third straight day amid the global flight to safety. Rising geopolitical risks and trade uncertainties boost traditional safe-haven assets. Fed rate cut bets also benefit the XAU/USD pair, though rebounding USD caps gains. Gold price (XAU/USD) continues scaling higher for the third consecutive day on Friday, rising to the
Gold price sits at fresh weekly highs, remains poised to test $3,400. The US Dollar extends declines amid trade uncertainties, renewed dovish Fed bets. Gold price eyes acceptance above $3,377 yet again amid bullish daily technical setup. Gold price is sitting at fresh weekly highs near the $3,380 neighborhood, building on the previous upswing
· Gold price bounces but remains in a familiar range on NFP Friday. · The US Dollar finds demand amid US-China optimism, Trump-Musk feud. · Gold price needs to scale key daily resistance at $3,377 to resume the uptrend. · A weak May US jobs report could revive the Gold price record rally.
Gold price jumps to near $3,400 on US-China trade uncertainty, a slight increase in Fed dovish bets. Poor US ADP Employment and Services PMI data weighs on US Treasury yields. The probability for the Fed to cut interest rates in July has slightly increased. Gold price (XAU/USD) posts a fresh four-week high, advances to near
Gold price consolidates previous gains below $3,400 early Thursday. The US Dollar bounces after weak US data-led declines, will it last? Gold price battle with key resistance zone at $3,377 on the daily chart extends. Focus remains on Russia-Ukraine geopolitical updates, trade headlines. Gold price is consolidating the previous recovery gains while remaining
Gold (XAU/USD) prices are under mild pressure but remain supported by broader market factors. Although the pullback from a three-week high is modest, the yellow metal remains supported by several broader factors. A rebound in US Dollar and improved risk sentiment have triggered some intraday profit-taking. However, market uncertainty and expectations of lower interest rates
Gold trades in the green as US-China tensions boost demand for safe havens. The US Dollar weakens amid additional tariff threats. Gold prices recover above $3,350, adding over 2.50% for the day, at the time of writing. Gold prices are trading positively on Monday, driven by market uncertainty and an increased demand for safe-haven assets.
Gold price meets with a fresh supply on Friday amid the emergence of some USD dip-buying. Trade tensions, geopolitical risks, and Fed rate cut bets should limit losses for the commodity. Traders look to the US PCE Price Index for Fed rate cut bets and a fresh impetus. Gold price (XAU/USD) struggles to capitalize on
Gold prices reversed three daily drops in a row, regaining $3,330. The US Dollar traded on the back foot on poor data and trade headlines. The yellow metal’s upside now retargets the monthly peaks near $3,440. Gold managed to regain the smile on Thursday, rebounding to the $3,330 zone per troy ounce on the resurgence
Gold (XAU/USD) prices have been under pressure recently. A US court ruling blocked tariffs proposed by former President Trump. This decision supported risk-on sentiment, which hurt gold. Meanwhile, the US dollar continues to gain strength following hawkish FOMC minutes. As a result, gold has continued to decline in response to recent market developments. Despite this,