XAU/USD: Gold Selloff Continues as Trump Agenda Wipes Out Demand for Haven Trade – TradingView
Important points: Gold falls for 5th straight day Prices down 9% from record Strong dollar and high stock prices weigh on gold Illustration: TradingView With all the volatility in stocks, cryptocurrencies, and foreign exchange, who needs a risk-averse asset? Gold fell 8% in November. gold XAUUSD I'm having a tough timeThe decline intensified after Donald […]
Gold Price Forecast: XAU/USD drifts lower below $2,700 on firmer US Dollar – FXStreet
Gold prices fell to around $2,680 in early Asian session on Monday. US dollar strength weakens the yellow metal. Uncertainty surrounding the global economy and geopolitical risks could increase capital flows into safe-haven assets, benefiting gold prices. Gold prices (XAU/USD) traded in negative territory around $2,680 in early Asian trading on Monday. The decline in […]
Gold Price Forecast: XAU/USD hits another record high above $2,700 – FXStreet
Gold prices gained momentum to near $2,720 in early Asian time on Monday. Uncertainty and geopolitical risks surrounding the US election have increased demand for safe-haven assets such as gold. Concerns about China's economic slowdown could weigh on XAU/USD. Gold prices (XAU/USD) expanded to around $2,720 in early Asian time on Monday. Tensions in the […]
Gold Price Forecast: XAU/USD drifts lower to near $2,650, potential downside seems limited – FXStreet
Gold prices lost momentum to around $2,650 in early Asian time on Monday. Gold prices fell due to weak Chinese economic indicators. US PPI report and Middle East geopolitical risks could support the yellow metal. Gold prices (XAU/USD) inched down to $2,650, ending a two-day winning streak in early Asian trading on Monday. Weak Chinese […]
Gold Price Forecast: XAU/USD edges higher above $2,650 as traders brace for Chinese PMI data – FXStreet
Gold prices rose to $2,665 in early Asian session on Monday. Rising geopolitical tensions in the Middle East and Fed rate cuts are supporting gold prices. Investors are awaiting China's PMI to be released on Monday. Gold prices (XAU/USD) recovered to near $2,665 in early Asian trading on Monday. Precious metals have been buoyed by […]
Gold News: Can XAU/USD Rally Continue Despite Rising Profit-Taking Risks? – FX Empire
Economic data released throughout this week further supported the case for continued rate cuts. The personal consumption expenditure (PCE) price index, a key indicator of inflation, rose 0.1% month-on-month in August and 2.2% year-on-year, slightly below economists' expectations of 2.3%. The core PCE index, which excludes food and energy, was also in line with expectations, […]
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 Forecast: XAU/USD holds positive ground above $2,550, focus on Fed rate decision – FXStreet
Gold prices were trading in positive territory around $2,580 in early Asian hours on Monday. Growing expectations of a Federal Reserve rate cut and persistent geopolitical risks continue to support gold prices. A slowdown in economic activity in China could put pressure on precious metals prices. Gold prices (XAU/USD) gained momentum around $2,580 in early […]
Gold Price Forecast: XAU/USD holds steady above $2,450 on positive Retail Sales data – FXStreet
Gold prices were trading flat around $2,455 in early Asian trading on Friday. US retail sales rose 1.0% month-on-month in July, beating expectations. Initial jobless claims fell 7,000 from the previous week to 227,000. Rising geopolitical risks in the Middle East could limit gold’s declines. Gold prices (XAU/USD) were trading sideways around $2,455 in early […]