Gold slips as US Dollar strengthens; Powell’s dovish tone may limit losses
Gold (XAU/USD) eased toward $3,350 in early European trading on Monday, weighed down by renewed US Dollar (USD) demand. However, growing expectations of a Federal Reserve (Fed) rate cut in September, following dovish remarks from Chair Jerome Powell at the Jackson Hole symposium, could cushion the downside for the precious metal. Powell acknowledged that while […]
Gold Slips as Hawkish Fed Minutes, Stronger USD and Peace Hopes Weigh on Safe-Haven Demand
Gold (XAU/USD) came under renewed selling pressure during Thursday’s Asian session, struggling to extend its rebound from a three-week low. The yellow metal remains weighed down by a firmer US Dollar after the Federal Reserve’s July 30–31 meeting minutes signaled that officials remain more concerned about inflation than the labor market. The hawkish tone has […]
Gold Price Trims Losses but Stays Below $3,400 as Safe-Haven Demand Eases
Gold (XAU/USD) is paring back intraday losses on Friday but remains subdued below the $3,400 mark after briefly touching a two-week high earlier in the day. A modest rebound in the US Dollar (USD), along with improving global risk sentiment, has triggered some profit-taking following gold’s recent upward run. Still, several underlying factors continue to […]
Gold Pulls Back from Two-Week High as Risk Sentiment Improves
Gold (XAU/USD) extended its intraday losses during the Asian session on Wednesday, retreating from a near two-week high reached on Tuesday. The decline halts a four-day winning streak as improved risk appetite in equity markets weighs on the safe-haven asset, despite a lack of fresh bearish triggers. Recent weak US economic data continues to support […]
Gold Price Rebounds from One-Month Low, Holds Above 100-Day SMA as USD Rally Stalls Post-Fed
Gold (XAU/USD) found renewed buying interest during Thursday’s Asian session, recovering slightly from the sharp decline seen after the Federal Reserve’s hawkish stance pushed it to a one-month low. The yellow metal is supported by a pause in the US Dollar’s (USD) rally, following its rise to a two-month high. The rebound comes as traders […]
Gold Struggles Near Weekly Lows Amid Stronger Dollar and Trade Optimism
Gold (XAU/USD) continues to face selling pressure as Friday’s European session begins, with prices lingering near the previous day’s swing low. The yellow metal is on track for its third consecutive daily loss, weighed down by a strengthening US Dollar and a more optimistic global trade outlook, which is dampening demand for safe-haven assets. The […]
Gold Slides Below $3,380 as Trade Optimism Dampens Safe-Haven Demand; Weaker USD Cushions Decline
Gold (XAU/USD) continues to face selling pressure for a second straight session on Thursday, falling below the $3,380 mark during the Asian trading hours. The pullback is largely attributed to a decline in safe-haven demand as optimism grows around global trade developments. Markets are responding positively to news of a finalized trade agreement between the […]
Gold Hovers Below $3,400 as Trade Tensions and Fed Drama Fuel Uncertainty
Gold (XAU/USD) slipped slightly on Tuesday after posting gains over the past two sessions. Despite the pullback, the precious metal remains supported by heightened geopolitical and monetary concerns, particularly as markets brace for the looming August 1 tariff deadline set by US President Donald Trump. The spotlight remains on the ongoing trade talks between the […]
Gold Price Stuck in Tight Range as Traders Weigh Mixed Fed Signals and Trump Trade Uncertainty
Gold (XAU/USD) is trading sideways in a narrow range on Friday during the Asian session, unable to build on Thursday’s rebound from near $2,309—a one-week low. The US Dollar has pulled back slightly from its recent highs, following dovish comments from Federal Reserve Governor Christopher Waller, offering mild support to the yellow metal. However, concerns […]
Gold Struggles Below $3,300 as Fed Rate Cut Hopes Dim Ahead of FOMC Minutes
Gold (XAU/USD) dipped to a one-and-a-half-week low near $3,284 during the Asian trading session on Wednesday, weighed down by a stronger US Dollar and rising Treasury yields. Investors are increasingly convinced that recent US tariff hikes may fuel inflation, prompting the Federal Reserve to keep interest rates elevated for longer. The firmer Greenback, bolstered by […]
Gold Price Pulls Back Amid Strengthening US Dollar
Gold Price Pulls Back Amid Strengthening US Dollar Gold price (XAU/USD) retreats from a one-and-a-half-week high reached during the Asian session, trading near the $2,635–$2,636 range. Despite this pullback, gold remains on track for a third consecutive day of gains as geopolitical tensions and cautious market sentiment support demand for the safe-haven asset. However, a […]
Gold Price Eases as USD Strength Weighs Ahead of Key US CPI Release
Gold Price Eases as USD Strength Weighs Ahead of Key US CPI Release Gold (XAU/USD) has trimmed part of its modest intraday recovery gains but continues to hold above $2,600 in early European trading on Wednesday. Investors’ cautious sentiment around US President-elect Donald Trump’s potential trade tariffs and their impact on global markets has led […]
Gold Prices Remain Under Pressure as Stronger USD Weighs Ahead of Fed Decision
Gold Prices Remain Under Pressure as Stronger USD Weighs Ahead of Fed Decision Gold (XAU/USD) continues to trade lower for the second consecutive session on Thursday, impacted by a stronger U.S. Dollar following former President Donald Trump’s victory in the recent U.S. election. The dollar-denominated precious metal is seeing diminished safe-haven appeal as market optimism […]
Gold as a Strategic Investment: A Hedge, Diversifier, and Growth Asset
Gold has long been seen as a foundation of financial stability, offering investors protection against inflation and enhancing portfolio diversification. From beginners to seasoned traders, interest in gold remains robust across a range of strategies, including trading gold futures, spot gold, and Gold ETFs. The rise of advanced trading options, such as CFDs and forex […]
Gold Price Holds Steady Near Record High, Awaits US Macro Data for Direction
Gold Price Holds Steady Near Record High, Awaits US Macro Data for Direction Gold price (XAU/USD) remains robust as it approaches the European session on Tuesday, trading just above the $2,750 mark and close to last week’s all-time high. Geopolitical risks and political uncertainties in the US continue to boost demand for the safe-haven metal. […]
US Dollar Holds Steady Amid Correction, Market Focus Shifts to Key Mid-Tier Data
US Dollar Holds Steady Amid Correction, Market Focus Shifts to Key Mid-Tier Data The US Dollar (USD) maintains resilience against major counterparts early Friday after losing momentum on Thursday. European trading hours will center on Germany’s IFO business sentiment surveys, while later in the day, US data releases, including September Durable Goods Orders and the […]
Gold Price Slips to $2,640, Holds Above Friday’s Post-NFP Low and Trading Range Support
Gold Price Slips to $2,640, Holds Above Friday’s Post-NFP Low and Trading Range Support Gold (XAU/USD) faced fresh selling pressure on Monday, dropping to a daily low of around $2,640 as the European session approached. The US Dollar (USD) remains near a seven-week high, bolstered by traders adjusting expectations for a large interest rate cut […]
Gold Price Stays Under Pressure as Strong USD Weighs, Middle East Tensions Limit Losses
Gold Price Stays Under Pressure as Strong USD Weighs, Middle East Tensions Limit Losses Gold (XAU/USD) faced renewed selling pressure after bouncing from the $2,641 level and remains defensive as the European session begins on Thursday. The US Dollar (USD) continues its recovery, reaching a three-week high, as expectations for aggressive policy easing by the […]