Gold rises 0.23% as risk aversion fuels safe-haven flows. Fed Minutes highlight inflation concerns amid Trump’s trade policies. Traders eye S&P Global Flash PMIs for further market direction. Gold’s price advanced late in the North American session yet traded off record highs of $2,954 as traders took profits. Trade war woes, a weak US Dollar,
Gold this Thursday has already performed a fresh all-time high at around $2,955. US President Donald Trump called Ukraine a dictatorship which started the war. More all-time highs in Gold are possible if the Greenback weakens further and US yields drop off. Gold’s price (XAU/USD) orbits near its fresh all-time high after already having printed one
Gold price retains its bullish bias amid worries about Trump’s tariffs and a global trade war. Sliding US bond yields weigh on the USD and lend additional support to the precious metal. The Fed’s hawkish outlook could cap the XAU/USD pair amid slightly overbought conditions. Gold price (XAU/USD) sticks to its positive bias through the
Gold price drifts lower as bulls opt to lighten their bets ahead of the FOMC minutes release. Concerns about Trump’s tariff plans and trade war fears lend support to the commodity. Fed rate cut bets undermine the USD and further act as a tailwind for the XAU/USD pair. Gold price (XAU/USD) retreats from the vicinity
XAU/USD nears record highs, Goldman Sachs sees $3,100 target. The investment bank projects a 9% upside as central bank demand surges. Trump’s tariff policies fuel market jitters, boosting Gold’s appeal. Fed officials remain cautious on inflation, FOMC Minutes in focus this week. Gold price surged more than 1% on Tuesday due to safe-haven demand amid
Gold comfortably drives above $2,900 halfway through the European trading session on Tuesday. Market are on the lookout for headlines from Saudi Arabia where US and Russian officials are meeting. A daily close above $2,910 could put Gold on track for a new all-time high this week. Gold’s price (XAU/USD) is flirting with a near 0.50% gain
Gold gains 0.56% despite thin liquidity on US Presidents’ Day. Geopolitical risks, US trade policies support bullion’s long-term outlook. Traders await FOMC Minutes, Fed speakers, and key US economic data. Gold price climbed on Monday during the North American session, posting gains of 0.56% amid thin trading as markets in the United States (US) were
Gold fading from $2,900 after earlier failed attempts to reclaim the level on Monday. Geopolitical headlines will drive markets this week with headlines around Ukraine. A daily close above $2,900 would result in more upside for Gold this week. Gold’s price (XAU/USD) is softening a touch halfway through the European trading session on Monday, below $2,900 at
Gold set to end the week up 0.80% despite Friday’s drop. US Retail Sales plunge, fueling US Dollar weakness and lower Treasury yields. Investors price in over one Fed rate cut, boosting bullion’s longer-term appeal. Gold price has fallen below $2,900 on Friday, yet it will end the week with solid gains of over 0.80%
Gold set to end the week up 0.80% despite Friday’s drop. US Retail Sales plunge, fueling US Dollar weakness and lower Treasury yields. Investors price in over one Fed rate cut, boosting bullion’s longer-term appeal. Gold price has fallen below $2,900 on Friday, yet it will end the week with solid gains of over 0.80%