Gold price extends losses to hit weekly lows below $3,250 early Thursday. The US Dollar recovers further on the US court’s tariff ruling, cautious Fed Minutes and upbeat mood. Gold buyers appear to give up as the RSI breaches the midline, critical support near $3,295 cracked. Gold price is extending its four-day bearish
Gold gains 27% year-to-date due to safe-haven flows. ·Uncertainty about Trump’s tariff strategy has offered support. Central banks continue their gold-buying spree. Trump’s fiscal plans are also a reason for seeking shelter. Is Gold the asset of choice for 2025? Gold has been performing incredibly well since the start of the year, outperforming every other
Gold price consolidates below $3,350 early Tuesday; buying pressure building up. The US Dollar and Treasury yields keep the red ahead of the Senate vote on Trump’s tax bill. The daily technical setup favors Gold price; acceptance above $3,370-$3,375 area awaited. Gold price is finding fresh demand, looking to revisit the two-wee high of
Gold price pulls back from two-week highs early Monday. The US Dollar ignores Trump’s extension of EU tariff deadline as fiscal concerns haunt. Gold price runs into stiff resistance at $3,364; RSI stays bullish on the daily chart. Gold price is on a tepid retreat from two-week highs of $3,365 hit on Friday
Gold price extends its upbeat momentum to regain $3,300 early Wednesday. The US Dollar remains weighed by economic concerns, renewed US-China trade tensions and geopolitics. Gold price breaks the range as the daily RSI flips bullish while defending the key technical support. Gold price is extending its upswing into the third consecutive day
· Gold price keeps range play intact below $3,250 early Tuesday. · The US Dollar draws support from US trade deals optimism but upside appears limited. · Gold price remains stuck between 21-day SMA and 50-day SMA amid bearish RSI. Gold price has returned to red early Tuesday, having failed to take out the
Gold price slides lower with Russia-Ukraine talks in Turkey after all still taking place. Meanwhile, questions arise about the stability and trustworthiness of the US Dollar. After a volatile week, Gold faces headwinds in holding $3,200 on Friday. Gold (XAU/USD) price trades on the backfoot, trading at $3,178 at the time of writing on Friday
Gold price slides lower with Russia-Ukraine talks in Turkey after all still taking place. Meanwhile, questions arise about the stability and trustworthiness of the US Dollar. After a volatile week, Gold faces headwinds in holding $3,200 on Friday. Gold (XAU/USD) price trades on the backfoot, trading at $3,178 at the time of writing on Friday
Gold price recovers after earlier being down nearly 10% from its all-time high. Traders are seeing a lot except white smoke emerging from Turkey on Ukraine-Russia truce talks Bullion traders could expect Gold to retest the $3,000 level if further easing and Ukraine-Russia truce would materialize. Gold (XAU/USD) reverses course and heads higher towards $3,192
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