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Gold hits record high on US shutdown fears - Commerzbank
Gold surged to a new all-time high above USD 3,850 per troy ounce, fueled by safe-haven demand amid looming US government shutdown concerns and continued ETF inflows, particularly from North American investors, Commerzbank's commodity analyst Barbara Lambrecht notes.
Gold slips from all-time high but holds firm amid safe haven demand
Gold (XAU/USD) hits pause on its historic run on Tuesday after briefly climbing to a fresh all-time high near $3,871 earlier in the day as heavy selling pressure set in during the European session.
Gold breaks above $3,800 for the first time - ING
Gold rose above $3,800/oz for the very first time. Silver also surged to its highest level since May 2011 yesterday, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold surges near $3,830 as US government shutdown fears spurs haven demand
Gold price advances close to 2% on Monday and trades near record highs of $3,833 as market participants seeking safety bought the yellow metal amid fears of a government shutdown in the United States. XAU/USD trades at $3,827 at the time of writing.
USD softer, Gold makes new record high - Scotiabank
The US Dollar (USD) is tracking lower overall against the major currencies as last week's bid tone fades and traders look ahead to this week's risk events, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Gold Price Forecast: XAU/USD rallies to $3,820 amid a potential US government shutdown
Gold is trading above $3,800, after hitting fresh all-time highs at $3,819 on Monday's European session, with precious metals thriving and the US Dollar tumbling as investors brace for a potential shutdown of the US government on Wednesday.Trump is expected to meet bipartisan congressional leaders l
Gold Price Forecast: XAU/USD extends upside above $3,750 as Fed rate cut hopes intact
Gold price (XAU/USD) extends the rally to around $3,770 during the early Asian session on Monday. The precious metal edges higher after the US inflation data came in line with expectations, reinforcing bets that the US Federal Reserve (Fed) may continue with interest rate cuts later this year.
Gold climbs as Fed's inflation gauge reinforces dovish bets
Gold price advances during the North American session, up 0.60% on Friday after the last inflation report maintained the status quo, reinforcing dovish bets for further easing by the Federal Reserve (Fed). At the time of writing, the XAU/USD trades at $3,774 after bouncing off daily lows of $3,734.
China's Gold Imports Declined in August - Commerzbank
Gold prices continue to climb, attracting strong ETF inflows, but high prices are weighing on physical demand as China's August imports fell 3.4% month-on-month and net imports from Hong Kong dropped 39%, Commerzbank's commodity analyst Barbara Lambrecht notes.
Silver rises more sharply than Gold - Commerzbank
The price of Gold may have recently reached a new record high, but the price of Silver has actually performed even more impressively, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Gold consolidates near $3,750 ahead of US PCE inflation data
Gold (XAU/USD) holds steady near $3,750 on Friday, continuing to consolidate within the familiar $3,760-$3,720 range after surging to a record high of $3,791 earlier this week, as traders reassess the Federal Reserve's (Fed) monetary policy outlook amid mixed signals from officials and robust US eco
Gold Price Forecast: XAU/USD wobbles around $3,750 as investors await US PCE Inflation data
Gold price (XAU/USD) trades in a tight range around $3,750 during the European trading session on Friday. The yellow metal consolidates as investors await the United States (US) Personal Consumption Expenditure Price Index (PCE) data for August, which will be published at 12:30 GMT.
Gold continues to attract investment flows - ING
Gold edged closer to previous record highs yesterday, while silver prices broke above $45/oz (the highest since May 2011), ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold Price Forecast: XAU/USD holds positive ground near $3,750 amid mixed signals from Fed officials
Gold Price (XAU/USD) edges higher to near $3,750 during the early Asian session on Friday. The precious metal gains ground amid expectations of further US rate cuts from the Federal Reserve (Fed) this year and rising geopolitical risks.
Gold pares gains as strong US data offsets Fed cut narrative
Gold price trimmed earlier gains after reaching a daily high of $3,761 on Thursday, following the release of a US jobs report that showed signs of strength, contrary to the main reason for cutting rates last week. Also, traders are eyeing the release of inflation data on Friday.
Gold steadies near $3,750 as markets eye US data and Fed commentary
Gold (XAU/USD) steadies on Thursday, recovering from the previous day's corrective pullback as markets gear up for a busy US economic calendar.
Gold Price Forecast: XAU/USD recovery might find resistance at $3.760
Gold is regaining some of the ground lost on Tuesday.
Gold Price Forecast: XAU/USD drifts higher to near $3,750 amid rate cut bets, geopolitical risks
The Gold price (XAU/USD) trades in positive territory around $3,750 during the early Asian session on Thursday. The precious metal edges higher amid expectations of further US rate cuts from the Federal Reserve (Fed) this year and persistent geopolitical risks.
Gold retreats from record high as Powell cools cut bets, US Dollar strengthens
Gold (XAU/USD) price turns negatively on Wednesday after rallying for three consecutive trading days, which pushed the yellow metal to a record high at $3,791, before retreating somewhat as investors digest Federal Resever (Fed) Chair Jerome Powell's comments, which seem to pour cold water on rate c
Gold consolidates below record highs as Fed caution and US Dollar strength weigh
Gold (XAU/USD) is treading water on Wednesday, pausing its record-breaking run after peaking at $3,791 on the previous day.
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