Tag: XAUUSD
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Gold Rockets Toward $5,400 as Fed Holds Rates and Dissenters Spark Breakout
Gold Breaks Higher as Fed Holds, Dissenters Break from Consensus Gold prices climbed toward $5,400 per ounce as the Federal Reserve kept interest rates unchanged, aligning with expectations for a momentary pause. The decision drew a nuanced response in markets: two Federal Open Market Committee (FOMC) participants dissented, signaling a potential shift in policy path…
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Gold and Silver Price Forecast: Fed Watch Could Spark the Next Breakout
Market Overview: Gold Above $5,240 as Fed Expectations Loom Gold (XAU/USD) extended its bullish run, holding above the key $5,240 level and nudging toward a fresh high near $5,247 in recent sessions. The advance has been supported by a softer U.S. dollar and persistent geopolitical tensions, which tend to boost demand for the precious metal…
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Gold Price Forecast: Fed Fuel for Next Leg as XAUUSD Near Records
Market Overview Gold (XAUUSD) has extended its strong bullish trend, trading well above support zones around $5,240 and approaching fresh record territory. The latest price action suggests buyers remain in control, with the metal buoyed by a softer U.S. dollar and persistent geopolitical tensions that keep the demand for a haven asset elevated. While a…
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Gold and Silver Price Forecast: Can Fed Fuel the Next Leg Up?
Market Overview: Gold Surges Amid Dollar Weakness and Geopolitics Gold (XAU/USD) has extended its bullish run, staying comfortably above the $5,240 level and pushing toward a new record near $5,247. The move has been driven by a softer U.S. dollar and persistent geopolitical tensions, which continue to spark demand for safe-haven assets. As traders digest…