Gold price dips ahead of key Federal Reserve decision
Gold falls 0.33% as markets anticipate Fed rate cut. Markets have nearly fully priced in a 25-basis-point rate cut; focus shifts to the Feds dot plot for 2025 rate path insights. Investors remain attentive to US data, including GDP data and...
Gold price hits weekly low on US data, Fed decision looms
Gold price refreshes new weekly low following strong US Retail Sales figures that dim expectations for aggressive Fed easing next year. Despite a drop in Treasury yields, a resilient US Dollar limits Golds upward momentum. Investors eye the...
Gold ticks up as US Dollar, Treasury yields ease
Gold reversal from last weeks highs finds some support as the US Dollar retreats. Lower US yields and a softer Dollar might provide some support for Gold as the market readies for the Fed interest-rate decision. XAU/USD remains under pressu...
Gold extends losses with the Dollar supported by higher yiel
Gold rally fails at around $2,720 and pares previous gains amid higher US yields. The divergence between the Federal Reserve and the rest of the major central banks is supporting the USD. XAU/USD is under growing negative pressure, aiming f...
Gold price falls below $2,700 again – Commerzbank
The Gold price reached its highest level since the US presidential election five weeks ago at $2,725 per troy ounce yesterday, but then fell back below the $2,700 mark, Commerzbanks commodity analyst Carsten Fritsch notes. Gold seems to be...
Gold dips amid rising US yields ahead of next week’s FOMC m
Gold declines but holds to weekly gains as mixed US economic data keeps rate cut expectations alive. Market braces for the Federal Reserves decision on December 18, with a 93% likelihood of a 25 bps cut anticipated. Upcoming US economic dat...