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
Gold prices hit new highs amid US tariff uncertainty and retaliatory measures from Canada. Safe-haven demand and inflation concerns drive gold prices up, despite a strengthening US dollar. Technical analysis shows bullish momentum for gold, with potential for further upside if key support levels hold. Gold prices have been on a seesaw today as US President
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 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
Gold’s upward direction seems to have survived Trump’s inauguration yesterday and there do not seem to be any major financial releases from the US that could shake gold’s price until our next report hence we are to focus on gold’s fundamentals for direction in the current report. For a rounder view, we conclude the report
Gold price in the green by 0.50% on Tuesday after Trump entered his first day in office. President Trump vowed to keep tariff hike plans in place fore Canada and Mexico. Gold at a fresh two-month high at $2,732 and enters the area with $2,790 as firm resistance ahead. Gold’s price (XAU/USD) trades positive for a second straight