Gold price in India: Rates on February 28 – FXStreet
Friday prices fell on Friday, according to data compiled by FXStreet. The gold price was 8,032.76 Indian Rs (INR) per gram, down compared to the IT cost of 8,072.62 on Thursday. Gold prices fell to 93,692.55 per TOLA, at 94,157.45 per TOLA a day ago. Unit Measure INR gold prices 1 gram 8,032.76 10 grams […]
Gold price dives to over two-week low amid further USD recovery, ahead of US PCE data – FXStreet
Gold prices attract sellers for the second day in a row, amid wide strong US dollars. The risk-off mood and US bond yield slides do little to support precious metals. Traders are currently looking forward to the US PCE Price Index for meaningful driving forces. Gold prices (XAU/USD) are now low for the second day […]
Pound Sterling weakens against US Dollar as US Durable Goods Orders data beats estimates – FXStreet
Pound Sterling will drop to nearly 1.2640 against the US dollar after strong US durable goods order data in January. President Trump said he will soon release details of tariffs in the eurozone. Investors are awaiting the Trump Starmer Conference and US PCE inflation data. Pound Sterling (GBP) will slide to nearly 1.2640 against US […]
Australian Dollar extends losing streak as US Dollar holds gains amid increased risk aversion – FXStreet
The Australian dollar will be depreciated on Thursday following unfortunate private capital expenditures. Private capital expenditures in Australia, unexpectedly contracted by 0.2% QOQ in the fourth quarter of 2024, did not meet the market expectations for growth of 0.8%. The US dollar continues to strengthen as traders assess the economic performance and tariff outlook. The […]
Gold price trades with modest losses; holds above $2,900 amid rising trade tensions – FXStreet
As gold prices drop due to rising US bonds, USD can move away from months' lows. Trump's tariff plans and uncertainty about the fear of the trade war should serve as a tailwind for the Xau/USD pair. If the Fed cuts interest rates further this year, it could contribute to limiting the losses of yellow […]
EUR/USD drops as Trump's tax cut bill to boost US inflation – FXStreet
EUR/USD is facing pressure above 1.0500 as the US dollar profits amid a strong recovery in bond yields in the US dollar. The Republican-controlled House passed a $4.5 trillion tax cut plan on Tuesday. Investors are awaiting the February spare German HICP and January U.S. PCE inflation data scheduled for Friday. EUR/USD continues to face […]
Gold posts modest gain amid trade war concerns – FXStreet
Gold prices will rise at Asian session on Wednesday. Trade war concerns among investors benefit gold prices and increase the flow of safe havens. Investors will tighten up new home sales and FedSpeak equipment for the US January later Wednesday. Gold Price (XAU/USD) recovers lost ground after reaching a week's low in the previous session. […]
Gold price tumbles on profit-taking amid falling US yields – FXStreet
Xau/USD traders are booking profits as US Treasury yields drop further. Trump's tariff threat against uncertainty in the Mexican and Canadian fuel markets. The confidence of US consumers is weak, and layoffs cause stag fear. Gold prices plummeted Tuesday during the North American session as traders booked profits amid the US Treasury yields. Greenback also […]
Gold price eases from all-time peak; bullish potential seems intact – FXStreet
Gold prices fall back from record highs as traders choose to remove some profits from the table. Concerns about Trump's tariff plans should limit the losses of safe haven precious metals. Further reductions from the Fed could also serve as a tailwind for Xau/USD. Gold Price (XAU/USD) will stick to negative bias throughout Tuesday's Asian […]
Australian Dollar weakens amid heightened global risk sentiment – FXStreet
The Australian dollar is grateful despite intensifying trade tensions. PBOC has injected $300 billion through a one-year medium-term lending facility (MLF), stabilizing at 2%. President Trump said tariffs in Canada and Mexico will “move ahead.” The Australian Dollar (AUD) will recover daily losses as the US Dollar (USD) weakens amid declining yields at the US […]