Tag: Gold price
Gold price rises as US Dollar weakens on expectations of Fed rate cuts –...
Gold prices are on the rise for the second day in a row as a combination of factors is attracting buyers. The US Dollar...
Gold Price Forecast 2021: Analyzing the Impressive Rally and Future Obstacles
Gold has been performing well this year, with an 18% gain so far. Factors such as geopolitical uncertainty, central bank buying, consumer demand in...
Gold Price Outlook: Building on Steady Intraday Ascent, Eyes US Inflation Data
Gold prices have been on the rise for the past three days, although the bullish momentum seems to be lacking. This increase in price...
Is Gold Ready to Break Key Resistance Levels? – Action Forex
Gold is currently on the rise after finding support around the 2,450 zone recently. Despite this upward movement, gold is still trading within a...
Gold Price Consolidates Ahead of US NFP Data – Market Update
Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair...
Gold Prices Drop Following Dovish Remarks by Powell
Gold prices experienced a decline of 0.28% in response to Federal Reserve Chair Jerome Powell's remarks at a European Central Bank forum. Powell, adopting...
Gold Price Soars as US Dollar Weakens Before PCE Data
Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1%...
Gold Prices Decline as Strong US Yields Boost US Dollar
Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming...
Gold Price Drops to One-Week Low as Fed Turns Hawkish, US Data in Focus
Gold price has been on a downward trend for the past two days, hitting a one-week low during the Asian session on Wednesday. This...
Gold price drops due to firm US yields and strong USD following solid US...
Gold prices took a hit on Friday, dropping more than 1.70% as economic data from the United States led investors to rethink the possibility...