Gold price treads water above $3,100 on NFP day after Trump’s tariffs-led volatile Thursday. US recession fears and dovish Fed bets again drag the US Dollar and US Treasury yields lower. China continues to boost its Gold reserves, underpinning the Gold price. Technically, Gold price remains a ‘buy-the-dips’ trade so long as 50-day SMA at
Gold declined sharply after setting a new record high near $3,170. XAU/USD volatility is likely to remain high in the near term. The technical outlook points to a bearish tilt following the latest decline. Gold (XAU/USD) pushed higher with the initial reaction to tariff announcements from the United States (US) on Wednesday and touched a
Gold drops for the second day as safe-haven appeal wanes, despite Powell highlighting increased downside risks. Powell states the Fed can delay action for clarity, noting tariffs may prolong inflation and unnerving Gold bulls. Hawkish Fed tone boosts DXY by 0.47% to 102.56; deepening yield curve inversion stokes recession concerns. Gold (XAU) prices are extending on Friday
XAU/USD is pressured by the Fed’s hawkish tone and a liquidity crunch. Powell signals tariffs could reaccelerate inflation, cooling rate cut bets and hammering Gold prices. Financial Times reports hedge funds face largest margin calls since Covid, sparking forced liquidation of assets. Gold (XAU) price extended its losses on Friday and plunged to a seven-day
Gold declined sharply after setting a new record high near $3,170. XAU/USD volatility is likely to remain high in the near term. The technical outlook points to a bearish tilt following the latest decline. Gold (XAU/USD) pushed higher with the initial reaction to tariff announcements from the United States (US) on Wednesday and touched a
Gold price treads water above $3,100 on NFP day after Trump’s tariffs-led volatile Thursday. US Dollar and US Treasury bond yields lick wounds amid recession fears and dovish Fed bets. Gold buyers could jump back as the daily RSI again prods the bullish zone. US Nonfarm Payrolls and Powell’s speech will be closely eyed for
XAU/USD Current price: $3,105.62 US President Donald Trump’s reciprocal tariffs triggered panic across financial boards. The US will publish the March Nonfarm Payrolls report on Friday. XAU/USD corrective slide may extend if the pair breaks below $3,040. Spot Gold battles to retain the $3,100 threshold in the American session, easing from a fresh all-time high
XAU/USD stable after 0.71% rally; Dollar weakness balances rising US yields amid global trade tensions. Trump announces new tariffs: 10% on all imports, 25% on autos, affecting China, EU, Vietnam, Japan, UK. Gold climbs 23% from November low, driven by safe-haven demand amid tariff uncertainty and a weakening Dollar. Economic data takes a backseat; market
Gold price finds fresh buyers near $3,110 on US President Trump’s ‘Liberation Day’. Investors prefer to seek safety in the traditional store of value, anticipating Trump’s tariffs. The daily RSI re-enters the heavily overbought zone, warranting caution for Gold buyers. Gold price regains traction on ‘Liberation Day’, having found fresh demand near the $3,110
Gold price attracts some dip-buyers on Wednesday and stalled the overnight pullback from the all-time high. Fed rate cut bets, subdued USD demand and rising trade tensions lend support to the safe-haven XAU/USD. The uptick lacks bullish conviction as traders now await Trump’s impending reciprocal tariffs announcement. Gold price (XAU/USD) trades with a positive bias