February 4, 2025
Gold Investing

XAU/USD fresh record highs at sight

XAU/USD Current price: $2,675.01 Sentiment led the way on Wednesday amid scarce macroeconomic data. Focus shifts to the European Central Bank monetary policy decision on Thursday. XAU/USD aims to reach fresh record highs and challenge the $2,700 mark. Risk aversion keeps fueling Gold demand, with the bright metal flirting with record highs on Wednesday. XAU/USD

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Gold Investing

Gold Price Forecast: XAU/USD stabilizes above $2,500

XAU/USD Current price: $2,505.91 The US Dollar eases further after a downward revision to job creation data. The Federal Open Market Committee will release the Minutes of the July meeting. XAU/USD corrective decline may continue, but a steeper decline is out of the picture. XAU/USD trades with modest losses mid-Wednesday, confined to a tight intraday

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Tangible Assets

XAU/USD holds on to modest gains above $2,450

XAU/USD Current price: $2,457.30 Financial markets welcomed US data pushing away recession-related fears. Stock markets are rallying with optimism, with US indexes challenging fresh weekly highs. XAU/USD holds within familiar levels, buyers still take their chances on dips. Spot Gold trades with modest gains in the American afternoon, having experienced some early volatility. XAU/USD fell

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Gold Investing

XAU/USD retreats sharply as investors seek high-yielding assets

XAU/USD Current price: $2,443.88 The United States Consumer Price Index resulted marginally softer in July. Market participants keep beating the Federal Reserve will trim rates in September. XAU/USD could extend its slide once clearly below $2,438.80, a Fibonacci support level. The US Dollar started the day on the back foot, shedding ground against most major

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