Gold Price Forecast: XAU/USD consolidates near record highs as Fed looms – FXStreet
XAU/USD Current Price: $2,572.12 The Federal Reserve is about to announce its decision on monetary policy. A 25 basis point cut is already priced in, but officials could still surprise the market. XAU/USD will likely turn lower in the short term and the Fed will determine the direction. Gold traded around $2,570 per troy ounce […]
Gold Price Forecast: XAU/USD consolidates gains near fresh all-time highs – FXStreet
XAU/USD Current Price: $2,582.67 Investors are awaiting the Federal Reserve's announcement and its first interest rate cut in four years. U.S. Treasury yields fell to new annual lows, weighing on the US dollar. XAU/USD has retreated slightly from its all-time highs, but bullish potential remains. Gold prices hit a new record high of $2,589.50 per […]
Gold price consolidates below $2,500 mark, bullish potential seems intact – FXStreet
Gold prices have stopped a retracement decline from near their all-time highs following the NFP release. Diminishing expectations of a significant interest rate cut by the Federal Reserve (Fed) are supporting the US dollar and acting as a headwind. Concerns about a US economic slowdown and geopolitical tensions are providing some support. Gold prices (XAU/USD) […]