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...
Gold price holds comfortably above $2,600 mark; lacks bullis
Gold price oscillates in a range at the start of a new week amid mixed fundamental cues. Geopolitical risks continue to underpin the XAU/USD amid subdued US Dollar price action. The Feds hawkish stance backs elevated US bond yields and caps...
Gold price holds steady around $2,600; upside potential seem
Gold price attracts some haven flows amid the looming risk of a US government shutdown. The global flight to safety-led pullback in the US bond yields further benefits the XAU/USD. The Feds hawkish stance acts as a tailwind for the USD and...
Gold regains half of the ground lost after the Fed’s decisi
Gold bounces up from oversold levels to pare back post-Fed losses. A strong US Dollar and higher US yields weighing on Golds recovery. XAU/USD remains under pressure, with resistances at $2,625 and $2,6660 likely to cap upside attempts. Gol...
Gold price climbs as Fed eyes fewer rate cuts in 2025
Gold registers gains of over $0.20 following the Feds less dovish approach. Economic data shows US economic growth at 3.1% YoY in Q3. Potential US government shutdown looms, enhancing Golds appeal as a safe-haven asset amidst uncertainty. O...
Gold’s upside attempts remain limited with all eyes on the
Gold finds support at $2,630 but remains capped ahead of the Feds decision. The market is bracing for a Fed hawkish cut that might boost the US Dollar and weigh on Gold. XAU/USD remains under pressure, with upside attempts capped below $2,6...