Gold outlook
Gold prices receives support from a survey suggesting more purchases by central banks
Gold prices continue to extend gains following an impressive 27% gain, marking the strongest annual performance since 2010.The precious metal Gold receives support as the US Dollar Index retreats from
Gold prices rise on weaker dollar, geopolitical tensions on holiday week
As markets resumed trading after the Christmas holiday, gold prices rose in Asian trade on Thursday thanks to a slightly weaker dollar. However, investors remained cautious following the U.S. Federal
Gold price sticks to positive bias amid pre-holiday subdued trading action
Gold price edges higher on Tuesday, albeit lacking strong follow-through buyingGeopolitical tensions and trade war fears lend support to the safe-haven XAU/USDThe Fed’s hawkish shift acts as a tailwind for
Gold price struggles to build on recovery gains amid rising US bond yields
Gold price attracts some haven flows amid the post-FOMC sell-off in the equity markets. The Fed’s hawkish outlook continues to lift the US bond yields and caps the XAU/USD. Traders
XAU/USD Forecast: Gold price struggle to sustain key level $2,650 extends losses ahead of US Retail Sales data
Gold price clings to the previous rebound above $2,650 ahead of US Retail Sales data.The US Dollar stays defensive with Treasury bond yields despite hopes of a hawkish Fed in
Gold price trading negative bias amid bullish USD; focus remains on Fed rate decision
Gold price struggles to gain any meaningful traction and remains confined in a narrow rangeExpectations for a less dovish Fed and elevated US bond yields cap the non-yielding XAU/USDGeopolitical risks
Gold Prices pulls back prior US Retail Sales data
Gold price enters a bearish consolidation phase near a one-week trough touched on Monday.Geopolitical tensions, softer US bond yields and USD offer some support to the XAU/USD.Bets for a less
Gold price lacks bullish conviction amid elevated US bond yields but sticks to intraday gains
The gold price maintains its intraday gains, but it lacks bullish conviction in the face of elevated US bond yieldsA portion of Thursday’s retracement decline is reversed as a result
Gold price reverses after a dip to $2,700; gains bullish momentum amid mixed fundamental cues
After reaching a one-month high on Thursday, the gold market is experiencing an intraday reversal. The unmoving yellow metal is being hurt by bets on a weaker dovish Fed and