Gold price appreciates on market bias towards rate cuts possibility by major central banks in 2024. Investors expect three rate cuts from the US Federal Reserve (Fed) in the coming months. Investors await the US PCE report to gain additiona...

Gold price fails to hold all-time highs around $2,220 as the US Dollar strengthens. The US Dollar capitalizes on the strong US economic outlook. The Feds rate-cut campaign could be less aggressive compared with other central banks in develo...

Gold falls over 1% as Februarys US CPI report surpasses expectations, boosting Treasury yields. Inflation rises to 3.2% YoY, with core CPI slightly above forecasts, influencing XAU/USDs pullback. The surge in US 10-year Treasury yields and...

Gold price hovers around $2,180.60, steadying as traders anticipate Februarys CPI release. Core inflation expectations set to influence the US Dollar and potentially bolster Golds position. Following Powells testimony, Golds near breakthrou...

Golds rally propels it to an unprecedented $2,164.78, buoyed by expectations of easing policies from ECB and Fed. Despite ECBs hawkish hold, Lagardes openness to June adjustments contrasts with rising US Treasury yields. Powell hints at eas...

Strong central bank buying has helped to offset ETF outflows in the Gold market. Demand is set to continue as central banks increase their allocation towards safe assets, economists at ING say. China leads central bank buying Central bank d...