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...
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...