XAU/USD Current price: $2,997.05 Softer-than-anticipated United States data weighs on US Dollar demand. The Federal Reserve will announce its decision on monetary policy on Wednesday. The XAU/USD pair consolidates at record levels, higher highs in sight. A better market mood weighs on the US Dollar (USD), yet that same positive mood maintains Gold’s gains limited.
Gold prices rose to an all-time high past $2,980 on Thursday. The US Dollar added to Wednesday’s uptick and hit weekly tops. Rising uncertainty around US tariffs continue to support safe haven demand. Gold prices (XAU/USD) advanced for a third consecutive day on Thursday, soaring to all-time highs past the $2,980 mark per troy ounce
XAU/USD Current price: $2,927.84 US inflation, as measured by the Consumer Price Index, eased in February. Trade war concerns keep investors on their toes, weighs on the US Dollar. XAU/USD aims to break higher after a long week consolidative phase. Spot Gold kept trading within familiar levels throughout the first half of Wednesday, finding buyers
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
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
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
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
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
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
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