Gold extends its reversal as a brighter market sentiment is undermining demand for safe assets. Hopes of a negotiated outcome in the Middle East war are feeding a mild appetite for risk on Friday. XAU/USD is under a growing bearish momentum after breaking below the wedge pattern. Gold (XAU/USD) is trading lower on Friday as
XAU/USD Current price: $3,369.70 The Bank of England kept the benchmark rate at 4.25% as widely anticipated. The Middle East crisis keeps escalating and undermining the market’s mood. XAU/USD is neutral-to-bearish in the near term, steeper decline out of the table. Spot Gold is depressed, trading in the $3,370 region after posting a fresh weekly
XAU/USD Current price: $3,390.00 Global trade tensions and the Middle East crisis underpin the bright metal. The looming Federal Reserve announcement is likely to rock the US Dollar. XAU/USD extends its consolidative phase ahead of $3,400 with the risk tilt to the upside. Spot Gold hovers around $3,390 a troy ounce on Wednesday, unable to
XAU/USD Current price: $3,383.60 US President Donald Trump says patience with Iran “wearing thin.” United States data came in below expected as markets gear up for the Fed. XAU/USD trades within a well-limited range amid renewed risk aversion. Spot Gold set a weekly low of $3,366.25 on Tuesday, bouncing from the level yet in the
Gold price moves higher as Middle East tensions improve demand for safe-haven assets. Airstrikes by Iranian military forces hit Israeli intelligence agency. Investors expect the Fed to keep interest rates steady on Wednesday. Gold price (XAU/USD) trades 0.4% higher to near $3,400 during European trading hours on Tuesday. The yellow metal edges up as demand
XAU/USD Current price: $3,999.93 Escalating Middle East tensions spurred demand for safety at the beginning of the week. The Federal Reserve will announce its decision on monetary policy this Wednesday. XAU/USD corrected near-term overbought conditions, additional slides with limited potential. Spot Gold peaked at $3,452.41 at the weekly opening, retreating towards the current $3,400 price
Gold prices decline amid lower demand for safe-haven assets. Ebbing concerns about escalating tensions in the Middle East have brought risk appetite back to the market. XAU/USD maintains its bullish trend intact while above $3,400. Gold (XAU/USD) is correcting lower after rejection at the $3,440 resistance area on Friday. The pair maintains the upside structure
Gold price clinches fresh two-month highs above $3,450, then retreats. US Dollar stays supported amid haven demand due to deepening Israel-Iran row. The path of least resistance appears to the upside for Gold price ahead of Fed. Gold price has briefly pulled back from fresh two-month highs reached just above $3,450 early Monday. All eyes
XAU/USD eyes $3,500 and WTI nears $85 on Israel-Iran escalation, while SPDR S&P 500 ETF and E-mini Nasdaq futures snap three-month rising wedges. Macro overview Escalating Israel-Iran hostilities have sparked a classic risk-off rotation: capital is pouring into safe-havens (gold, crude oil) while major equity benchmarks are fracturing long-standing technical structures. Below is a comprehensive
Gold climbed above $3,400, supported by broad USD weakness and escalating geopolitical tensions. The Federal Reserve will announce the interest rate decision and publish the dot plot on Wednesday. The near-term technical outlook points to a buildup of bullish momentum. Gold (XAU/USD) turned north and climbed to its highest level since early May above $3,400.