Gold prices steady ahead of Trump inauguration; volatility likely – Investing.com
Investing.com – Gold prices were steady on Monday as traders cautiously awaited U.S. President-elect Donald Trump's inaugural address, hoping for insight on his administration's policies and potential signals on future interest rates. . As of 07:40 ET (12:40 p.m. Japan time), the price was up 0.3% at $2,708.70 an ounce, while February expiry was down […]
Gold prices steady amid rate, Trump uncertainty; copper up on strong China data – Investing.com
Investing.com — Gold prices near a one-month high in Asian trade on Friday as uncertainty over U.S. interest rates and policy under President-elect Donald Trump fueled some haven demand It was stable. Among industrial metals, copper prices rose after recent economic stimulus measures appeared to be paying off, following strong gross domestic product (GDP) data […]
Gold (XAU) Silver (XAG) Daily Forecast: Gold Steady as Fed Slows Rate Cuts, Boosting Market Confidence – FX Empire
US economic data and dollar strength The U.S. dollar has rebounded recently after falling sharply after Federal Reserve officials signaled less interest rate cuts in the near future. This comes amid a mixed economic outlook, with inflation concerns still tempered by weak US PCE data. The market expects there is a nearly 93% chance that […]
Gold prices steady but set for weekly losses on hawkish Fed outlook – Investing.com
Investing.com — Gold prices hovered near one-month lows in Asian trading on Friday, as the US Federal Reserve's outlook for lower-than-expected interest rate cuts in 2025 spooked investors. As a result, the stock trended downward for the week. The Fed cut interest rates by 25 basis points, as expected, but signaled it would only cut […]
Gold price holds steady around $2,600; upside potential seems limited – FXStreet
Gold prices are attracting some haven funds as the risk of a U.S. government shutdown looms. The global safe-haven driven fall in US bond yields is further benefiting XAU/USD. The Fed's hawkish stance will be a tailwind for the US dollar, limiting further upside. Gold prices (XAU/USD) rose to the $2,600 level during Friday's Asian […]
BOJ’s Steady Rates and Ueda’s Dovish Comments Drive Yen Weaker – Yahoo Finance
(Bloomberg) – Dovish comments from Bank of Japan Governor Kazuo Ueda hinting at the possibility of raising interest rates in March led to a weaker yen after the Bank of Japan left its monetary policy settings unchanged. Most Read Articles on Bloomberg Ueda said Thursday that the Bank of Japan needs more information about Japan's […]
Australian Dollar remains steady after recovering losses, US GDP Annualized eyed – FXStreet
The Australian dollar recovered its daily losses after Thursday's announcement of consumer inflation expectations. Australian consumer inflation expectations rose to 4.2% in December, up from a previous rise of 3.8%. The US dollar index (DXY) hit 108.28 on Thursday, its highest since November 2022. The Australian dollar (AUD) narrowed its daily decline following Thursday's announcement […]
Gold Price Forecast: XAU/USD holds steady below $2,650 ahead of US PMI data – FXStreet
Gold prices are trading flat around $2,650 in early Asian session on Monday. Huge demand from central banks and safe-haven flows could support gold prices, but President Trump's tariff plans could cap the upside. Investors are bracing for preliminary US December PMI numbers to be released on Monday. Gold prices (XAU/USD) remained flat around $2,650 […]
Gold prices steady near $2,700 as geopolitics, CPI jitters spur safe haven demand – Investing.com
Investing.com — Gold prices stabilized near two-week highs in Asian trade on Wednesday as geopolitical instability in Asia and the Middle East supported safe-haven demand. The yellow metal also attracted some bids as markets turned risk-averse ahead of key US inflation data due later on Wednesday, which is likely to be factored into the interest […]
Gold prices steady as S.Korea turmoil spurs some haven demand; Powell awaited – Investing.com
Investing.com — Gold prices edged higher in Asian trade on Wednesday as political turmoil in South Korea spurred some safe-haven demand, but hopes for further clues on U.S. interest rates kept traders on the sidelines. Ta. The yellow metal received some relief this week as concerns about the collapse of the ceasefire between Israel and […]