The gold price attracted some sellers after reaching an uptick to the $3250 area in the asian session today. XAUUSD currently trades near its daily lower range in response to the surprising downgrade of the US government’s credit rating. The Us fixed income markets faced a wave of selling, and pushing the US Treasurey bond…
Gold (XAU/USD) pulled back below $3,280 on Thursday, snapping its bullish streak as the U.S. dollar regained ground and risk sentiment saw a brief uptick following renewed talks between the U.S. and China. The metal is now trading nearly $200 off its all-time high, as traders rotate out of safe-haven assets and reassess the likelihood…
Gold (XAU/USD) exploded to a new all-time high at $3,221.36, capping a jaw-dropping 28% year-to-date surge. With global markets rattled by renewed trade war tensions and rising speculation of aggressive Fed rate cuts, investors are stampeding into safe havens — and gold is clearly leading the charge. The yellow metal has reclaimed its crown as…
Gold (XAU/USD) continues to consolidate gains above the key $3,000 psychological mark, maintaining its bullish structure after hitting a high near $3,057. While short-term momentum is cooling, the broader uptrend remains unbroken, supported by dovish Fed expectations, persistent geopolitical risk, and robust safe-haven flows. Gold remains firm above $3,000 as traders anticipate Fed rate cuts,…
Gold prices continue their bullish momentum, trading near all-time highs as investors seek safety amid heightened geopolitical tensions, economic uncertainty, and escalating trade disputes. The precious metal has firmly positioned itself above $2,150 per ounce, benefiting from a weaker U.S. dollar and growing concerns over global market instability. With the Federal Reserve signalling a shift…
Gold prices hold firm above key support levels as market sentiment is mixed. While the yellow metal has benefited from a weaker U.S. dollar and trade war concerns, indicators suggest that upside momentum is losing steam. Can gold maintain its bullish structure, or is a deeper correction ahead? Weaker USD, Trade War Fears Fuel Gold’s…
Gold prices are pushing higher, edging toward the psychological $3,000 mark, as bullish momentum continues to dominate. The yellow metal has been on an unstoppable rally, fueled by a softer U.S. dollar, global economic uncertainty, and persistent demand for safe-haven assets. However, with the RSI flashing overbought signals, is gold running out of steam, or…
Gold (XAU/USD) is currently treading water near $2,900, struggling to extend its recent rebound as investors turn cautious ahead of high-stakes US-Russia talks in Saudi Arabia. Despite the possibility of a Russia-Ukraine peace deal, uncertainty looms as the discussions exclude Ukraine and European leaders, raising concerns about geopolitical risks. Additionally, the US Dollar’s broad-based recovery…
Gold prices have experienced a significant upward trajectory, influenced by escalating geopolitical tensions, concerns over inflation, and emerging economic policies. In early 2025, prices surged beyond $2,900 per ounce, prompting speculation that $3,000 might be imminent. As various factors come together to support gold, the question on many people’s lips is: How much further can…
Gold Rally Continues Ahead of Key US Jobs Data Gold prices have been on a tear, with XAU/USD soaring to $2,869, approaching the critical $2,900 psychological level. The metal has gained strength amid ongoing market uncertainty, and now all eyes are on today’s US Non-Farm Payrolls (NFP) report, set for release at 4 PM EAT….
