The Gold price rise to a record high of $3,057 per troy ounce last week was strongly buoyed by strong buying interest from investors, Commerzbank's commodity analyst Carsten Fritsch reports.
Gold’s price (XAU/USD) hovers above $3,020 at the time of writing on Tuesday with markets crunching the numbers on the latest tariff commitments from United States (US) President Donald Trump. The president issued an executive order on Monday to
Gold price (XAU/USD) struggles to gain any meaningful traction during the Asian session on Tuesday, though it holds above the $3,000 psychological mark amid mixed fundamental cues.
Adds that bitcoin behaves more like a tech asset than a commodity in the short term, often showing stronger correlation with the Nasdaq than with gold.
Gold price extended its drop for the third consecutive trading day as sentiment improved on news that reciprocal tariffs would be focused on some United States (US) trading partners.
Gold’s price (XAU/USD) is looking for direction while orbiting around $3,020 at the time of writing, on the back of fresh tariff headlines over the weekend. News emerging that the Trump administration will ease off on the broad scope of tariffs being
Gold price (XAU/USD) struggles to capitalize on Friday's modest bounce from levels just below the $3,000 psychological mark and kicks off the new week on a weaker note.
Gold price retreats for the second straight day yet is poised to finish the week in the green amid broad US Dollar (USD) strength and traders booking profits ahead of the weekend.
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Gold’s price (XAU/USD) faces a second day of losses while the weekly performance is still positive. The precious metal trades around $3,030 at the time of writing on Friday after reaching a fresh all-time high at $3,057 the previous day. This downside
Gold price (XAU/USD) meets with a fresh supply during the Asian session on Friday and slides to the $3,030 area in the last hour, back closer to the overnight swing low.
Gold price retreats on Thursday as bulls take a breather following the Federal Reserve's (Fed) latest monetary policy decision and an escalation of hostilities in the Middle East.
Gold’s price (XAU/USD) was able to still produce a new all-time high at $3,057 before dipping near 0.50% lower to around $3,034 at the time of writing on Thursday. Despite some selling pressure from profit-taking, the earlier uptick came on the back of
Gold prices rallied sharply and hit a new all-time high of $3,052 on Wednesday as US Federal Reserve (Fed) Chair Jerome Powell spoke following the Fed’s decision to hold rates unchanged.
On Wednesday, Gold surged, reaching $3,040 during intraday trading as the Federal Reserve (Fed) made its latest interest rate decision, keeping rates unchanged at 4.5%.
Gold’s price (XAU/USD) is back to flat around $3,035 at the time of writing on Wednesday after stretching higher and hitting a new all-time high at $3,045 earlier in the day. The positive move came after headlines emerged that authorities detained Istanbul mayor Ekrem Imamoglu, President Tayyip Erdogan's main political rival, on charges including corruption and aiding a terrorist group.
Gold’s price (XAU/USD) corrects slightly lower to near $3,030 at the time of writing on Wednesday after stretching higher and hitting a new all-time high at $3,045 earlier in the day.
Gold price (XAU/USD) enters a bullish consolidation phase near the all-time peak as bulls pause for a breather and opt to wait for the outcome of a two-day FOMC policy meeting due later during the US session on Wednesday.
Gold price skyrockets past the $3,000 figure and hit a record high of $3,038 on Tuesday amid uncertainty on United States (US) President Donald Trump’s reciprocal tariffs to be enacted on April 2, while traders eye Federal Reserve’s (Fed) monetary policy decision.
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