March 10, 2025
Gold Investing

XAU/USD extends consolidative phase above $2,900

XAU/USD Current price: $2,916.91 The United States’ back and froth on tariffs keeps investors on their toes. The US will release the February Nonfarm Payrolls report on Friday. XAU/USD losing bullish strength, yet sellers remain side-lined. Spot Gold consolidated in the $2,910 region for most of this Thursday, attracting buyers on an intraday dip to

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Gold Investing

XAU/USD retains the $2,900 level amid risk aversion

XAU/USD Current price: $2,909.49 US President Donald Trump’s trade war spurred global concens, stocks sell-off. Resurgent demand for safety sent Gold prices to fresh one-week highs. XAU/USD retreats from fresh weekly highs, retains its positive bias. Spot Gold reconquered the $2,900 threshold early on Tuesday, following United States (US) President Donald Trump’s tariffs announcement. Levies

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Gold Investing

XAU/USD battling to recover the $2,900 mark

XAU/USD Current price: $2,888.80 Tepid United States macroeconomic data undermined demand for the US Dollar. Geopolitical tensions and looming tariffs boosting the bright metal. XAU/USD extends its recovery, but another leg north not yet confirmed. Spot Gold found an interim bottom at $2,832.56 on Friday, bouncing from the level ahead of the weekly close and

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Gold Investing

XAU/USD under pressure around fresh weekly lows

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

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Gold Investing

XAU/USD pierces $2,900 and aims further down

XAU/USD Current price: $2,895.33 US President Donald Trump revived tariffs-related concerns and spurred risk aversion. United States Consumer Confidence plummeted in February, recession concerns returned. XAU/USD turned bearish in the near term, could near the $2,800 region. Spot Gold is on the back foot in the second half of Tuesday, trading below the $2,900 mark

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Gold Investing

XAU/USD extends consolidative phase near record highs

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

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Gold Investing

Gold Price Forecast: XAU/USD approaches record highs

XAU/USD Current price: $2,927.93 Peace talks around the Ukraine-Russia war underpinned the mood on Tuesday. Canadian annual inflation held below 2%, further boosting the sentiment. XAU/USD resumed its advance and aims to retest its record high in the $2,942 price zone. Gold price is up on Tuesday, with XAU/USD approaching the $2,930 mark in the American

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Tangible Assets

XAU/USD struggles around $2,900 in dull trading

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

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Gold Investing

XAU/USD regains the $2,900 mark amid USD weakness

XAU/USD Current price: $2,903.97 Fed Chairman Jerome Powell testified before Congress, said nothing new to markets. The US January Consumer Price Index is expected to remain stable at 2.9% YoY. XAU/USD attracts buyers on dips, higher highs still likely. Spot Gold peaked at $2,942.76 early on Tuesday, reaching yet another record high before giving up.

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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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