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 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
Gold price goes nowhere while markets brace for four years of volatility. US markets remain closed due to Martin Luther King day. Gold supported above $2,700.00 though concerns are swelling for more downturn. Gold’s price (XAU/USD) is staying afloat above $2,700 despite an earlier decline to $2,689 during the Asian session, while traders are still concerned over President-elect Donald
The Gold chart grinds to a halt in European trading, ahead President Donald Trump taking office. US markets remain closed due to Martin Luther King day, though traders brace for an eventful week ahead. Gold looks to be suported above $2,700.00 despite concerns are swelling for more downturn. Gold’s price (XAU/USD) is staying afloat above $2,700 despite an earlier
Gold price sees gains limited for now, ahead of December CPI release. Tuesday’s soft PPI release triggers disinflationary expectations for the upcoming CPI release. Gold could snap above $2,700 if CPI comes in very disinflationary. Gold’s price (XAU/USD) trades flat for this week, despite a steep two-day rally above $2,680 on Wednesday, where softer-than-expected United States (US) Producer Price