XAU/USD Current price: $3,348.95 Renewed trade war concerns undermined the mood, boosting demand for the US Dollar. The United States will release on Tuesday the June Consumer Price Index. XAU/USD met sellers around the 61.8% Fibonacci retracement of its June slide. Spot Gold changed course in the American session, losing its early momentum and trading
XAU/USD Current price: $3,314.85 Rallying US equities undermine demand for the bright metal. Hawkish comments from Fed officials and risks of higher rates hit Gold. XAU/USD retreated from around $3,300 and gains downward traction. Gold price advanced throughout the first half of the day, but retreated in the American session, towards the current $3,310 a
XAU/USD Current price: $3,298.70 Uncertainty related to US President Trump’s tariffs policies undermine the mood. The Federal Open Market Committee will release the Minutes of the June meeting. XAU/USD is firmly bearish in the near term and could fall towards $3,247. Gold price kept struggling to regain its shine, unable to recover beyond the $3,350
XAU/USD Current price: $3,340.43 Tensions between US President Trump and Fed Chair Powell keep the USD under pressure. Upbeat United States data gave a breathe to the American currency. XAU/USD retains its bullish bias amid broad US Dollar weakness. Spot Gold trades at around $3,340 a troy ounce in the American session, easing from its
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