XAU/USD Current price: $3,298.70 Uncertainty related to US President Trump’s tariffs policies undermine the mood. The Federal Open Market Committee will release the Minutes of the June meeting. XAU/USD is firmly bearish in the near term and could fall towards $3,247. Gold price kept struggling to regain its shine, unable to recover beyond the $3,350
Gold drops over 1% as US Dollar and Treasury yields strengthen. Trump delays tariff deadline to August 1, calming trade nerves. Traders scale back 2025 Fed cut expectations to just 48 basis points. Gold price is plunging over 1% on Tuesday during the North American session as appetite for its safe-haven demand diminished, although US
Gold price falls to near $3,325 as the market sentiment remains broadly stable. Trump signs orders that Washington will start charging additional duties from August 1. Washington imposes 25% tariffs on imports from Japan and South Korea. Gold price (XAU/USD) drops to near $3,325 during the European trading session on Tuesday. The yellow metal faces
XAU/USD Gold price fell to one-week low on Monday after bulls repeatedly failed on approach to pivotal barrier at $3349 (50% retracement of $3452/$3246 bear-leg / daily Kijun-sen), with stronger dollar on risk aversion adding pressure on metal’s price. Fresh weakness cracked psychological $3300 level, but bears were unable to clearly break lower, that keeps
Gold price loses momentum to around $3,330 in Tuesday’s Asian session. Trump unveiled new tariff rates, still open to additional trade negotiations. The downside for yellow metal might be limited as central banks worldwide continue to buy gold. The Gold price ( XAU/USD) trades in negative territory near $3,330 during the Asian trading hours on
Gold price dips 0.06%, trades near $3,333 amid renewed US trade tensions. Trump threatens 25% tariffs on Korean and Japanese goods, effective August 1. Risk-off mood pushes US yields and US Dollar higher, weighing on Bullion. China’s central bank adds to Gold reserves for eighth straight month. Gold price registers minimal losses on Monday as
Gold price kicks off the week on a bearish note after facing rejection again near $3,350. US Dollar finds fresh haven demand amid renewed trade jitters as Trump’s tariff letter to go out on Monday. Gold price breaches the 50-day SMA support as the daily RSI pierces below the midline. Gold price is trading close
Gold price weakens amid a rising US Dollar and hopes of trade deals. Trump’s tariff threats to countries aligning with “Anti-American BRICS policies” can limit downside for Gold. XAU/USD heads for the triangle support, dropping to $3,300. Gold (XAU/USD) is currently under pressure as markets await more news of trade deals ahead of Wednesday’s tariff
Gold price falls sharply to near $3,300 as the US Dollar performs strongly across the board. The US Dollar trades firmly ahead of US tariff deadline on July 9. Traders pare Fed dovish bets on better-than-projected US NFP data for June. Gold price (XAG/USD) is down almost 0.8% to near $3,300 during the European trading
Gold price edges lower to near $3,320 in Monday’s early Asian session. Strong US June employment data weighs on the Gold as Fed rate cut odds decline. Middle East geopolitical risks and renewed trade tensions might cap the downside for the Gold price. The Gold price (XAU/USD) attracts some sellers to around $3,320 during the