Gold price consolidates its recent strong gains to a record high touched on Monday. Rebounding US bond yields and a modest USD uptick cap gains for the commodity. Worries about Trump’s tariffs and inflation concerns lend support to the XAU/USD. Gold price (XAU/USD) price seesaws between tepid gains/minor losses through the first half of the
Gold price attracts fresh buyers following an intraday slide to the $2,772 area. Concerns over Trump’s new trade tariffs offer support to the XAU/USD pair. Broad-based USD strength might cap the commodity ahead of the US ISM PMI. Gold price (XAU/USD) recovers a major part of intraday losses and climbs back closer to the $2,800
Gold rises 0.87%, maintaining gains as market navigates US tariff implications on global trade. US Dollar Index peaks at two-week high, later retreating as the US-Mexico tariff delay tempers momentum. Investors focus on upcoming US Nonfarm Payrolls and Fed communications. Gold price hit a record high on Monday after the US initially scheduled tariffs on
XAU/USD climbs 1.31%, touching a record after US GDP growth disappoints in Q4 2024. US Treasury yields drop as markets adjust to Fed’s steady stance despite economic signals. Despite robust job market, Gold rallies as Fed Chair Powell hints at cautious approach to rate cuts. Gold price skyrockets to a new all-time high (ATH) of
Gold towards 3.00% gains up for grabs for this week. Markets are on edge over the upcoming S&P Global PMI release. Gold is near an all-time high at $2,790 and is set to close off the week with a firm gain. Gold’s price (XAU/USD) is set to close off the week with a bang, trading at $2,781
Gold hits new 2025 highs amid rising investor anxiety from Trump’s trade rhetoric. Despite a rise in the US Dollar Index, Gold’s ascent signals strong safe-haven demand. Geopolitical tensions in the Middle East escalate, alongside potential US economic measures against Russia. Gold price advances over 0.39% late in the North American session, with the precious
Gold price gains strong positive traction amid the flight to safety after Trump’s tariff remarks. Bets for more Fed rate cuts weigh on the US bond yields and further underpin the yellow metal. A modest USD recovery, along with a positive risk tone, caps further gains for the commodity. Gold price (XAU/USD) retreats slightly after
Gold price scales higher for the third straight day amid the global flight to safety. Bets for more rate cuts by the Fed also benefit the non-yielding yellow metal. A modest USD bounce and the risk-on mood cap gains for the XAU/USD pair. Gold price (XAU/USD) retreats slightly from the $2,758-2,759 region, or the highest
Gold price scales higher for the third straight day amid the global flight to safety. Bets for more rate cuts by the Fed also benefit the non-yielding yellow metal. A modest USD bounce and the risk-on mood do little to cap the XAU/USD pair. Gold price (XAU/USD) prolongs its uptrend for the third straight day
Gold price extends gains and is on its way to have nearly 1% gains on Tuesday. Traders brace for the first full day in President Trump’s presidency with headline risk elevated. Gold at a fresh two-month high at $2,732.70 and enters the area with $2,790 as firm resistance ahead. Gold’s price (XAU/USD) is fueled by safe haven