Gold price consolidates gains below $3,000 as the Fed week kicks in. US Dollar and Treasury yields stay defensive on trade war-led economic woes. Gold price eyes more upside as the daily technical setup stays bullish. Gold price is trading better bid below the historic high of $3,005 reached last Friday. The upside potential in
Gold price attracts some sellers on Monday amid a modest USD bounce from a multi-month low. Worries about Trump‘s trade policies and Fed rate cut bets should lend support to the commodity. The recent range-bound price action also warrants caution before placing fresh directional bets. Gold price (XAU/USD) slips below the $2,900 mark during the
Gold price attracts some sellers on Monday amid a modest USD bounce from a multi-month low. Worries about Trump‘s trade policies and Fed rate cut bets should lend support to the commodity. The recent range-bound price action also warrants caution before placing aggressive bearish bets. Gold price (XAU/USD) edges lower during the first half of
Stocks have faced volatility in recent weeks amid macroeconomic uncertainty. Recession fears are rising due to weakening labor market signals and tariffs. Meanwhile, global AI competition threatens some of the biggest tech stocks in the market. Stocks have endured a bumpy period over the last few weeks amid a chaotic start to President Donald Trump’s
Silver price falls to near $32.40 as US President Trump relaxes tariffs on automobiles from Canada and Mexico for a month. Higher US bond yields have contributed to some correction in the Silver price. Investors await the US NFP data, which will influence the Fed’s monetary policy outlook. Silver Price (XAG/USD) corrects from the weekly
Gold prices are rising due to growing concerns over trade tariffs and geopolitical instability. Investors seek safe-haven assets as US President Donald Trump’s tariffs on Mexico, Canada, and China take effect. The risk of a global trade war adds to market uncertainty, increasing demand for gold. Additionally, retaliatory tariffs from Canada and China fuel fears
Gold price retains its bullish bias amid worries about Trump’s tariffs and a global trade war. Sliding US bond yields weigh on the USD and lend additional support to the precious metal. The Fed’s hawkish outlook could cap the XAU/USD pair amid slightly overbought conditions. Gold price (XAU/USD) sticks to its positive bias through the
Gold price drifts lower as bulls opt to lighten their bets ahead of the FOMC minutes release. Concerns about Trump’s tariff plans and trade war fears lend support to the commodity. Fed rate cut bets undermine the USD and further act as a tailwind for the XAU/USD pair. Gold price (XAU/USD) retreats from the vicinity
Gold price consolidates below record highs of $2,943, awaits Fed Minutes. Trump’s tariff threats return and power safe-havens – Gold price and the US Dollar. Gold price stays bullish on the daily time frame, with fresh record highs in sight. Gold price is looking to refresh record highs while holding the recent upside early
XAU/USD Current price: $2,899.45 The US Dollar retains the soft tone seen in the previous week amid tariffs-related concerns. The Federal Open Market Committee will release the Minutes of its latest meeting on Wednesday. XAU/USD trades with a soft tone in the near term, but the downside remains limited. Spot Gold trades uneventfully at around