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
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
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.
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
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
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
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