Gold price consolidates Tuesday’s 1% rally above $2,900 amid cautious markets. Traders cash in on their US Dollar short positions heading into the US inflation test. Gold price reclaims 21-day SMA at $2,910, with more upside likely on daily bullish RSI. Gold price trades with caution above $2,900 early Wednesday as buyers take a breather
XAU/USD Current price: $2,892.16 The United States will publish February Consumer Price Index figures this week. The Bank of Canada will announce its decision on monetary policy next Wednesday. XAU/USD turned bearish in the near term, could extend its slide in the upcoming sessions. Spot Gold trades with a softer tone on Monday, piercing the
Since its mid-February high, the S&P 500 has fallen by 7%, with 3% of that decline coming last week. … [+] The Magnificent 7 has retreated by almost 16% since mid-December. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing via Getty Images Since its mid-February high, the S&P 500 has fallen by
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
MARCH will see some major money changes including a key tweak to benefits, train fare hikes and the Chancellor’s Spring Budget. There are also a number of deadlines coming up, including the end of the current round of the Household Support Fund and the last day to complete on a house purchase if you’re looking
Gold price sits at two-week lows below $2,900, awaiting US PCE inflation data. US Dollar stands tall amid Trump’s tariff threats while US Treasury yields tank on dovish Fed bets. Gold price finds acceptance below the 21-day SMA at $2,890, but the daily RSI stays bullish. Gold price struggles near two-week lows below $2,900 in
XAU/USD Current price: $2,877.59 US President Donald Trump rectified tariffs will come into effect on March 4. The US will publish the January PCE Price Index on Friday. XAU/USD fell to fresh weekly lows, with another leg south likely. Spot Gold trades near a fresh weekly low of $2,867.76 on Thursday as risk aversion fueled demand
Since the COVID-19 pandemic began nearly five years ago, the number of houses for sale in the Bay Area and across the country has been at historic lows while demand from buyers has been relentless, pushing home prices to record levels. But new data out this week shows the number of homes for sale in the
XAU/USD Current price: $2,940.67 Geopolitical woes gather market’s attention amid a scarce macroeconomic calendar. Market participants resume US Dollar buying as Wall Street turns red. XAU/USD retreats from fresh record highs, extends consolidative phase. Spot Gold maintained its positive momentum heading into the American opening, hitting a fresh record high of $2,956.25. The bright metal
Gold prices are trading around ₹88,800 per 10 grams in India. In the previous session, gold prices closed at ₹86,010 per 10 grams and hovered around ₹85,998 on the MCX. Meanwhile, in the U.S., gold prices hovered around $2,941 per ounce. Manav Modi, Analyst, Commodity Research at MOFSL, said, “Gold prices eased on Friday as investors