Gold price (XAU/USD) is facing again some selling pressure towards the American trading session, trading at $3,025 at the time of writing on Monday after falling 2% intraday in early trading as the trade war spirals out of control.
Gold price (XAU/USD) attracts some buyers near the $2,972-2,971 area, or a nearly four-week low touched earlier this Monday, and for now, seems to have stalled its retracement slide from the all-time peak touched last week.
The latest data published by the People’s Bank of China (PBOC) on Monday showed that the Chinese central bank increased its state Gold reserves for the fifth consecutive month.
Gold (XAU) price extended its losses on Friday and plunged to a seven-day low of $3,015 before recovering some ground, following a speech by Federal Reserve (Fed) Chair Jerome Powell, which indicated that inflation could reaccelerate due to tariffs. XAU/USD trades at $3,029, down 2.70%.
Gold prices extend their drop for the second consecutive day, hitting a seven-day low of $3,023 per troy ounce, down more than 2.80% as Federal Reserve Chair Jerome Powell turned hawkish in a conference in Virginia.
The Gold price initially rose to a new record high of $3,168 per troy ounce in response to US President Trump's tariff announcements, but then fell back significantly, Commerzbank's commodity analyst Carsten Fritsch notes.
Copper and other industrial metals slumped on Thursday amid concerns about how Trump’s latest tariffs threaten the global growth outlook, ING’s commodity analysts Warren Patterson and Ewa Manthey note.
Gold price (XAU/USD) maintains its offered tone through the first half of the European session on Friday and currently trades below the $3,100 mark, down for the second successive day.
Gold price (XAU/USD) recovers some lost ground to near $3,115 during the late American session on Thursday after facing some profit-taking in the previous session.
Gold price (XAU/USD) snaps under pressure from the selling orders on Thursday, selling off over 1.25% towards $3,095 at the time of writing. Traders are taking profit, pushing the Bullion price below important pivotal levels.
Gold price (XAU/USD) finds some support near the $3,116 area during the first half of the European session and for now, seems to have stalled its intraday pullback from a fresh all-time peak touched earlier this Thursday.
Gold price tumbles and trades volatile within the $3,100 - $3135 as US President Donald Trump imposed reciprocal tariffs worldwide, with the details pending of being released.
Gold price extends its gains on Wednesday, remaining near all-time highs as market participants wait for US President Donald Trump's tariff plans at around 20:00 GMT.
Gold price (XAU/USD) stabilizes above $3,120 at the time of writing on Wednesday with still the fresh all-time nearby, at $3,149. The Gold rush rally stalled ahead of United States (US) President Donald Trump officially announcing the reciprocal tariff
Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Wednesday and stalls the previous day's modest retracement slide from a fresh record high.
Gold prices retreated on Tuesday as traders booked profits, awaiting April 2’s Liberation Day in the US, an event in which President Donald Trump is expected to announce additional tariffs aimed at improving the trade deficit imbalance.
Gold price (XAU/USD) sees earlier gains fade and is holding on to a small intraday gain ahead of the US trading session on Tuesday, trading near $3,132. The precious metal trades slightly above $3,130 at the time of writing and the new all-time high was
Gold price (XAU/USD) builds on the previous day's breakout momentum beyond the $3,100 mark and gains positive traction for the fourth successive day on Tuesday.
Gold prints another record high on Monday, surpassing the $3,100 threshold for the first time and extends its gains to an all-time high of $3,127 before retreating somewhat.
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