Gold price clings to gains near $2,030 ahead of FOMC minutes
Gold price (XAU/USD) extends its winning spell to a fifth day on Wednesday as Federal Reserve (Fed) policymakers appear to be divided between the hit of higher interest rates on the United States economy and any possible inflation uptick due to the deepening crisis in the Red Sea.
Official Gold purchases to remain strong - ANZ
Central bank Gold purchases (or 'official' Gold buying) have been the most influential development in the Gold market in the last few years.
Gold price sits near one-week top, bulls flirt with 50-day SMA ahead of FOMC minutes
Gold price (XAU/USD) trades with a positive bias for the fifth successive day on Wednesday and is currently placed around the $2,030 level, or a one-week high touched the previous day.
Forex Today: US Dollar extends slide as investors await FOMC Minutes
What you need to take care of on Wednesday, February 21: The US Dollar edged lower on Tuesday, extending its slide after the long weekend amid mounting speculation the Fed will further delay the first rate cut.
Gold price continues upward trajectory as US yields decline
Gold price rallied for the fourth straight day during the mid-North American session as traders from the United States (US) got back to their desks and digested the latest economic news.
Gold Price Forecast: XAU/USD's further upside potential likely to remain limited - Commerzbank
Gold has almost recovered its losses which it had suffered following the strong US inflation data.
Gold Price Forecast: Fed policy will remain key to the outlook for XAU/USD in the months ahead - ING
Gold has been trading in a narrow range awaiting clues on the prospects for US interest rates.
Gold Price Forecast: Upcoming elections and rate cuts, whenever they happen, will support XAU/USD - ANZ
As the market pushed out US rate cut expectations, Gold (XAU/USD) fell 2% YTD, from a high of $2,135 in December 2023.
Gold price advances while US Dollar consolidates ahead of FOMC minutes
Gold price (XAU/USD) extends its bullish streak for the fourth straight trading session on Tuesday.
Gold Price Forecast: XAU/USD gains momentum near $2,020, FOMC Minutes eyed
Gold price gains momentum for the fourth straight day during the early European session on Tuesday.
Gold Price Forecast: XAU/USD retreats to near $2,018 after halting a winning streak
Gold price moves slightly lower on Tuesday after halting its three-day winning streak, inching lower to near $2,018 per troy ounce during the Asian trading hours.
Forex Today: Dull start amid American holidays
What you need to take care of on Tuesday, February 20: Major pairs remained confined to familiar levels, trading in thin ranges amid holidays in the United States and Canada.
Gold price rises as US inflation surpasses Fed targets
Gold price extended its gains for three consecutive days after last week's economic data from the United States (US) revealed that inflation remains above the US Federal Reserve's (Fed) target.
Gold Price Forecast: Incoming data will remain the notable potential catalyst for a short covering rally - TDS
Gold recorded its second straight weekly loss as expectations of an imminent rate cut by the Fed faded.
Gold price jumps as Fed sees progress in inflation declining towards 2%
Gold price (XAU/USD) continues its winning spell for the third session in a row on Monday despite waning expectations of rate cuts by the Federal Reserve (Fed) before the June monetary policy meeting.
Gold Price Forecast: XAU/USD to enjoy further gains on a break above $2,065 - SocGen
Gold is forming one more base near the upper part of range.
Gold Price Forecast: XAU/USD trades higher around $2,020 on investor caution
Gold price continues to move on an upward trajectory, trading higher around $2,020 per troy ounce during the early European session on Monday.
Gold Price Forecast: XAU/USD holds above $2,000, PBoC rate decision, FOMC Minutes eyed
Gold price (XAU/USD) holds above $2,000 during the early Asian session on Monday.
Gold Price Forecast: XAU/USD hits three-day high amid inflation concerns, Fed's policy signals
Gold price extended its gains for two straight days, hitting a three-day high at $2015 as the Greenback tumbled, despite US Treasury yields rising.
Gold Price Forecast: Expectations on the timing of the first Fed cut to drive volatility in XAU/USD - OCBC
Markets have pushed back on expectations for the Fed cut. Economists at OCBC Bank analyze its implications for the Gold price.
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