Gold price kicks off a new week on a negative note, testing key $3,260 support early Monday. The US Dollar holds gains amid easing US-China trade tensions, repositioning ahead of key data. Gold price eyes a rising channel breakdown as RSI points south while above the midline. Gold price challenges the previous week’s low
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
XAU/USD Current price: $3,332.42 A better mood keeps market players away from safe-haven assets. United States data was mixed, yet Wall Street extends its recent rally. XAU/USD struggles to recover its bullish momentum despite back above $3,300. Gold price recovered the $3,300 mark late on Wednesday, extending its recovery up to $3,367.67 in the early
Gold price pops on Thursday after two days of firm selling pressure. US President Trump pours cold water on earlier de-escalating statements, China may receive a new tariff rate in the next two to three weeks. Markets are back to square one with equities on the back foot and safe-haven Gold being bid. Gold price
Gold price pops on Thursday after two days of firm selling pressure. US President Trump pours cold water on earlier de-escalating statements, China may receive a new tariff rate in the next two to three weeks. Markets are back to square one with equities on the back foot and safe-haven Gold being bid. Gold price
Gold price stages an impressive rebound from the weekly low of $3,260 early Thursday. The US Dollar fades recovery as trade concerns re-emerge while US business growth slumps. Gold price sees dip-buying as the daily RSI points higher in the bullish territory. Gold price rebounds from a weekly low of $3,260 early Thursday as
XAU/USD Current price: $3,290.46 US President Donald Trump cooled down concerns about Fed Powell’s continuity. Hopes of easing trade tensions between the United States and China lifted the mood. XAU/USD corrected extreme overbought readings, sellers paused. Spot Gold retreats on Wednesday, extending its slump to the $3,260 area during American trading hours. The bright metal
Gold price breaks to a new record high above $3,450 in Asian trading on Tuesday. No confidence in the US Dollar and Trump’s attacks on Powell keep haven demand intact for Gold price. RSI stays heavily overbought on the daily chart as Gold remains ‘buy-the-dip’ trades. Gold price continues to build on its record
XAU/USD Current price: $3,414.05 US President Donald Trump renewed his attack on Fed Chairman Jerome Powell. US indexes collapse amid concerns about the economic performance under Trump. XAU/USD is likely to keep posting record highs, with dips seen as buying opportunities. Spot Gold traded as high as $3,430.36 on Monday, rallying on continued US Dollar
Gold price closes on $3,400 as the record rally regains strength on Easter Monday. Concerns over US-China trade war escalation and the Fed’s independence smash the US Dollar to three-year troughs. RSI stays overbought on the daily chart, with thin volumes likely to exaggerate moves in Gold price. Gold price remains within a striking