Gold price attracts buyers for the third straight day, though the upside seems limited. Rising trade tensions offset a broadly firmer USD and remain supportive of the move. Reduced Fed rate cut bets might hold back the XAU/USD bulls from placing fresh bets. Gold price (XAU/USD) is gaining positive traction for the third consecutive day
Gold stays firm as US jobless claims beat forecasts, reducing odds of a July rate cut. High Treasury yields and firm Greenback keep Gold in a tight range. Trump slams Brazil with 50% tariffs, raising trade war uncertainty. Gold price (XAU/USD) remained firm during Thursday’s North American session as the US Dollar remained solid following
Gold price scales higher for the second straight day amid a combination of supporting factors. Trade jitters act as a tailwind for the safe-haven XAU/USD pair on the back of a softer USD. Declining US bond yields and Fed rate cut bets further benefit the non-yielding yellow metal. Gold price (XAU/USD) is building on the
Gold is supported by falling US Treasury yields despite a firm US Dollar. Fed minutes show broad support for at least one rate cut in 2025. Trump targets BRICS-aligned nations with fresh 10% tariff warnings. Gold price registers decent gains on Wednesday as US Treasury yields recede, even though the Greenback trades solidly against its
Gold price extends losses as US yields rise, EU-US trade talks progress. Fed Minutes may serve as an additional threat to the safe-haven bullion as investors look for clues on when interest rates may be lowered. XAU/USD tests the lower bound of the symmetrical triangle pattern as bearish momentum builds. Gold (XAU/USD) is extending its
Gold drops over 1% as US Dollar and Treasury yields strengthen. Trump delays tariff deadline to August 1, calming trade nerves. Traders scale back 2025 Fed cut expectations to just 48 basis points. Gold price is plunging over 1% on Tuesday during the North American session as appetite for its safe-haven demand diminished, although US
Gold price dips 0.06%, trades near $3,333 amid renewed US trade tensions. Trump threatens 25% tariffs on Korean and Japanese goods, effective August 1. Risk-off mood pushes US yields and US Dollar higher, weighing on Bullion. China’s central bank adds to Gold reserves for eighth straight month. Gold price registers minimal losses on Monday as
Gold is on track for a weekly gain above 1.5% as tariff threats shift the mood sour. Trump confirms tariffs of up to 70% may take effect on August 1 amid trade flare-up. Treasury’s Bessent expects 100 countries to face reciprocal tariffs, while trade deals are incoming. Gold price resumes its uptrend on Friday, poised
Gold price reverses a modest intraday slide, though it lacks bullish conviction. Fed rate cut bets cap the USD and support the commodity ahead of the US NFP. A US-Vietnam trade deal undermines demand for the safe-haven precious metal. Gold price (XAU/USD) struggles to capitalize on its modest intraday bounce from the vicinity of the
Gold price reverses a modest Asian session dip, though it lacks follow-through. A US-Vietnam trade deal undermines demand for the safe-haven precious metal. Fed rate cut bets cap the USD and support the commodity ahead of the US NFP. Gold price (XAU/USD) attracts some dip-buyers heading into the European session and climbs to the top