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...
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...