XAU/USD flat lines above $2,650 ahead of US PMI release
Gold price trades flat around $2,660 in Fridays early Asian session. Safe-haven demand and buying by globalcentral banks lift the Gold price. The expectation of a slower pace of the US interest rate reduction might cap the upside for the ye...
Gold prices appreciate as US Dollar retreats from multi-year
Gold prices continue to extend gains following an impressive 27% gain, marking the strongest annual performance since 2010. The precious metal Gold receives support as the US Dollar Index retreats from the multi-year high of 108.58, reached...
XAU/USD slides to near $2,600 as US Dollar bounces back
Gold price falls to near $2,600 after the US Dollar recovers losses and turns positive. The US Dollar gains as the Fed signals fewer interest rate cuts for 2025. Market expertsproject the Fed to resume the policy-easing cycle in March. Gold...
XAU/USD edges higher above $2,600 amid light trading
Gold price gains traction to near $2,625 in Mondays early Asian session. Trumps administration could boost Gold price amid uncertainty. The hawkish stance of the US Fed might cap the upside for the precious metal. Gold price (XAU/USD) attra...
Gold price depreciates amid light trading
Gold price declines as traders anticipate signals regarding the US economy under the incoming Trump administration. The non-yielding Gold received support due to the increased possibility of more Fed cuts following US PCE inflation data. Th...
XAU/USD holds around $2,610 ahead of Christmas Eve
Gold remains steady near $2,610 as the US Dollar continues to strengthen. Fed signals fewer rate cuts next year, reducing upward pressure on Gold. XAU/USD faces downward pressure as it tests 100-day SMA support . The Gold price remains rela...