Gold price surge on risk aversion and overcome strong USD
Gold extends rally to $2,650, shrugging off a rising US Dollar amid demand for safe-haven assets. Escalation in Russia-Ukraine conflict and nuclear threats from Putin contribute to the surge in Gold. Fed Governors comments provide mixed ins...
Gold prices have the capacity to go even lower – TDS
How much further can the bounce inGoldprices run? Any way you slice it, this is not the same set-up for flows as a few short months ago, TDS Senior Commodity Strategist Daniel Ghali notes. Gold price may continue its downward movement Pent-...
Gold strengthens as Russia changes nuclear doctrine
Gold price recovers further to nearly $2,635 on the fresh escalation in the war between Russia and Ukraine. Vladimir Putin has signed a decree to update the countrys nuclear doctrine. Fed officials refrain from forecasting the impact of Tru...
Gold Price Forecast: XAU/USD recovers above $2,550
The Gold price attracts some buyers to around $2,570 in Mondays early Asian session. Traders wind back expectations for a Fed rate cut in December, weighing on the yellow metal. Geopolitical risks could boost the Gold price, a traditional s...
Gold marks sixth-day of losses on Powell’s slightly hawkish
Gold price dips below $2,570 head for an over 4% weekly decline. Jerome Powell indicates the Fed is cautious about cutting rates despite positive US economic indicators. Investors adjust expectations for a December rate cut, with likelihood...
Gold stabilizes after bouncing off 100-day moving average
Gold bounces off technical support aided by the US Dollar, which peaks and rolls over. The precious metal faces headwinds from the outlook for US interest rates and Trumponomics. The US economy is in remarkably good shape, according to Fed...