Gold price on the backfoot for a second straight day, down nearly 10% from its all-time high. The US administration softens its tone on several fronts, reducing safe-haven flows towards the precious metal. Bullion traders could expect Gold to retest the $3,000 level if further easing and Ukraine-Russia truce would materialize. Gold (XAU/USD) slides towards
Gold price jumps nearly 1% on Tuesday as the US-China trade deal euphoria quickly fades. Traders become wary as no further details are provided on the content of the current deal. Traders are picking up some safe haven protection at current discounted prices. Gold (XAU/USD) rebounds and trades near $3,260 at the time of writing
Gold price faces more than 2.5% losses intraday after US and China agree to a major reduction in tariffs for 90 days. China will lower its tariffs on US goods to 10% from 125%, while the US will do so to 30% from 145%. Safe-haven exodus leads Gold to break vital supports before technically ending
Gold is down nearly 4% in two days as US-UK trade deal boosts risk appetite and Dollar demand. DXY breaks above 100.00, up 0.85% to 100.71, weighing heavily on precious metals. Fed holds steady and Powell signals patience while traders await fresh commentary from central bank officials on Friday. Gold price tumbled for the second
Gold price gains positive traction and moves away from a two-week low set on Thursday. Subdued USD price action lends support to the XAU/USD pair ahead of the US NFP report. The optimism over possible US-China trade negotiations might cap the precious metal. Gold price (XAU/USD) struggles to capitalize on modest intraday gains on Friday
Gold price extends its downtrend for the third straight day amid a combination of factors. Signs of easing US-China tensions and a modest USD uptick weigh on the precious metal. Aggressive Fed rate cut bets should cap the USD and limit losses for the XAU/USD pair. Gold price (XAU/USD) remains under some selling pressure for
Gold retreats but heads for the third-strongest monthly gain during 2025. Traders price in 100 bps of Fed cuts despite inflation remaining sticky. US GDP contraction fuels recession fears and boosts Fed rate cut bets. Core PCE dips in line with forecasts, but remains above 2% inflation target. Gold fell some 0.69% during the North
Gold price meets with a fresh supply on Monday amid the US-China trade deal optimism. A fall in China’s gold consumption and a modest USD uptick also weigh on the commodity. Trade-related uncertainties and Fed rate cut bets warrant caution for the XAU/USD bears. Gold price (XAU/USD) attracts fresh sellers at the start of a
Gold fails to hold gains despite falling US Treasury yields and softer DXY. Trump’s refusal to lift China tariffs without concessions sours market mood. Traders brace for heavy US data week including GDP, ISM and Nonfarm Payrolls. Gold price made a U-turn and erased Thursday’s gains, falling below the $3,300 mark as the Greenback remained
Gold snaps two-day losing streak, gaining 1.5% on fresh trade war fears. Trump softens tariff talk, but China denies negotiations and demands full rollback. Fed rate cut bets rise as yields drop and economic uncertainty builds. Gold price snapped two days of losses on Thursday and rose $50, or more than 1.50%, amid renewed concerns