XAU/USD Current price: $3,312.61 Easing concerns about the Middle East crisis undermined demand for Gold. A hawkish US Federal Reserve Chairman adds to the risk-on mood. XAU/USD bounced from sub-$3,300, a near-term bottom not yet confirmed. Spot Gold is depressed, barely holding above the $3,300 threshold. The XAU/USD pair is sharply down for a second
XAU/USD Current price: $3,369.70 The Bank of England kept the benchmark rate at 4.25% as widely anticipated. The Middle East crisis keeps escalating and undermining the market’s mood. XAU/USD is neutral-to-bearish in the near term, steeper decline out of the table. Spot Gold is depressed, trading in the $3,370 region after posting a fresh weekly
XAU/USD Current price: $3,390.00 Global trade tensions and the Middle East crisis underpin the bright metal. The looming Federal Reserve announcement is likely to rock the US Dollar. XAU/USD extends its consolidative phase ahead of $3,400 with the risk tilt to the upside. Spot Gold hovers around $3,390 a troy ounce on Wednesday, unable to
XAU/USD Current price: $3,383.60 US President Donald Trump says patience with Iran “wearing thin.” United States data came in below expected as markets gear up for the Fed. XAU/USD trades within a well-limited range amid renewed risk aversion. Spot Gold set a weekly low of $3,366.25 on Tuesday, bouncing from the level yet in the
XAU/USD Current price: $3,999.93 Escalating Middle East tensions spurred demand for safety at the beginning of the week. The Federal Reserve will announce its decision on monetary policy this Wednesday. XAU/USD corrected near-term overbought conditions, additional slides with limited potential. Spot Gold peaked at $3,452.41 at the weekly opening, retreating towards the current $3,400 price
XAU/USD Current price: $3,322.182 Market players keep waiting for US-China headlines, hoping for the best. The May US Consumer Price Index is scheduled for release on Wednesday. XAU/USD retreats from around $3,350, could re-test the $3,300 mark. Spot Gold extended its weekly rally on Tuesday, approaching the $3,350 area in the American session. The US
XAU/USD Current price: $3,329.73 China reported a trade surplus of $103.22 billion in May, export and imports plunged. The United States will release the May Consumer Price Index next Wednesday. XAU/USD recovers from sub-$3,300, buying pressure is modest. Spot Gold hovers near $3,330 a troy ounce, posting a modest intraday advance at the beginning of
AUD/USD advanced to multi-day highs, flirting with the 0.6500 hurdle. The US Dollar accelerated its losses, retreating to seven-week lows. The RBA will release its Minutes of the May meeting on Tuesday. Tracking advances across risk-sensitive currencies, the Australian Dollar (AUD) recovered lost ground in quite an auspicious start to the week, encouraging AUD/USD to
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
XAU/USD Current price: $3,297.13 A better market mood put pressure on the bright metal on Tuesday. The United States will release the FOMC meeting Minutes on Wednesday. XAU/USD pressures a near-term key support area, could resume its advance. Spot Gold fell on Tuesday, piercing the $3,300 level during European trading hours and remaining soft after