Tag: XAU/USD
-
Gold Falls as Profit-Taking and a Stronger USD Weigh on Prices
Gold Retreats as Traders Lock in Gains and the Dollar Strengthens Gold prices slid on Friday after a period of sharp gains, as traders took profits and a firmer U.S. dollar weighed on the precious metal. The move underscored how quickly sentiment can shift in volatile markets, especially when leveraged positions unwind and risk appetite…
-
Gold Gives Back Gains as Profit-Taking and a Firmer Dollar Weigh on XAU/USD
Gold price reverses course amid profit-taking and a stronger dollar Gold (XAU/USD) has come under renewed selling pressure as traders lock in profits following a sharp advance earlier in the week. The precious metal, which briefly traded at elevated levels amid heightened volatility, has given back a significant portion of its recent gains as a…
-
Gold Drops After Record Rally: Profit-Taking and a Stronger Dollar Weigh on Gold Prices
Gold Slips from Record Highs as Profit-Taking Returns Gold (XAU/USD) is under renewed selling pressure as traders lock in profits after a week of sharp moves and a surge in global dollar strength. The metal, which had rallied to all-time or multi-decade highs in certain markets, pulled back as leveraged positions faced forced liquidations. The…
-
Gold price surges to $5,400 as Fed holds rates and dissenters spark breakout
Gold price spikes to $5,400 on Fed hold and dissenters The precious metal extended its gains in early North American trading, with gold (XAU/USD) breaking above key levels as investors digested the Federal Reserve’s decision to hold rates steady. The decision, broadly anticipated by markets, drew attention not only to the policy stance but also…
-
Gold Surges Toward $5,400 as Fed Holds Rates and Dissenters Spark Breakout
Gold strengthens on Fed hold, with dissenters igniting a breakout Gold prices jumped toward the $5,400 level as the Federal Reserve held rates steady, aligning with expectations from most market participants. The focal point for traders was the surprising dissent from two policymakers who favored a rate cut, suggesting potential future shifts in monetary policy.…
-
Gold climbs to fresh highs ahead of Fed decision
Gold extends gains as Fed decision looms Gold prices surged again on Wednesday, with XAU/USD scaling new all-time peaks in the early European session. Bulls are pushing to extend an eight-day winning streak beyond the key $5,300 level, underscoring persistent demand for bullion as uncertainty swirls around the Federal Reserve’s upcoming policy decision. As traders…
-
Gold climbs as haven flows rise ahead of Fed decision
Gold Extends Rally as Fed Decision Looms Gold prices gained momentum in early trading on Wednesday as investor demand for safe-haven assets intensified ahead of a highly anticipated Federal Reserve decision. With XAU/USD pushing toward fresh multi-day highs, the metal is drawing bids from traders seeking refuge amid persistent uncertainties in the global economy and…
-
Gold Price Forecast: XAU/USD Faces Resistance Near $4,445 Amid Rising Tensions
Overview: Gold climbs on geopolitical tensions Gold prices surged as investors graphed the latest geopolitical developments, with XAU/USD rebounding sharply on Monday. The precious metal traded around $4,435 at the time of writing, marking a near 2.4% daily gain. The move comes as geopolitical tensions escalate following the United States’ intervention in Venezuela over the…
-
Gold Price Forecast: XAU/USD Faces Resistance Near $4,445
Gold Price Forecast: What’s Driving the Move Gold is back in focus for traders as geopolitical tensions intensify after the weekend U.S. intervention in Venezuela. The precious metal has rebounded sharply, with XAU/USD up nearly 2.4% on the day and trading around the $4,435 area. Market participants are eyeing the next key levels as risk…
-
Gold Surges Above 4350 as Geopolitics Roil Markets in Asia
Gold Reaches Multi-Week High on Geopolitical Fears Gold prices climbed above the key $4,350 level in early Asia trading on Monday, signaling renewed investor demand for the precious metal as geopolitical tensions persist. The dollar-denominated spot price for gold (XAU/USD) moved toward $4,370, extending its upside as risk sentiment remained fragile in the wake of…