Gold breaks to new high as interest rates set to fall global
Gold touches a new all-time high above the previous September 26 high. The precious metal is helped by lower interest rate projections globally as inflation ducks. XAU/USD confirms its uptrending bias but risks pull back before extension. G...
Gold closes in on $2,685 record high
Gold rallies ever closer to its previous all-time high at $2,685. A decline in manufacturing activity in the state of New York triggered the latest bout of buying. A break above would signal a new all-time high and an extension of the domin...
Gold recovers as broader uptrend resumes
Gold is rising as bulls push the price higher again following a temporary consolidation. The yellow metal weakened initially on Tuesday after the news that Israel will show restraint when it strikes Iran. Gold faces a headwind from a contin...
Gold holds gains on China saber-rattling, stimulus expectati
Gold rises on haven demand after Chinese military drills in the strait of Taiwan create an international incident. Chinas fiscal stimulus also supports Gold as the country is the largest market for the yellow metal. Technically, XAU/USD rea...
Gold surges on mixed US data, increased Fed rate cut specula
Gold gains 1% on Friday, set to end the week with 0.20% gains. US PPI data was slightly above expectations, suggesting inflation is down but stalling above target, while UoM Consumer Sentiment highlights concerns over rising living costs. D...
Gold returns to familiar range after weak US jobs data
Gold recovers after the release of worst-than-expected US Jobless Claims data. Despite higher inflation data suggesting interest rates might remain high, the jobs data indicates the opposite. Technically, XAU/USD returns to its range-bound...