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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.
Gold Price Forecast: XAU/USD pulls back to $3,760 amid US Dollar strength
Gold is trading with moderate losses on Wednesday, snapping a three-day winning streak amid a somewhat firmer US Dollar.
Gold Price Forecast: XAU/USD holds steady near $3,750 as traders digest Fed's Powell speech
The Gold price (XAU/USD) holds steady near $3,760 after retreating from an all-time high of $3,791 during the early Asian session on Wednesday. Rising expectations of further US rate cuts and safe-haven flows provide some support to the precious metal.
Gold hits $3,791 record before easing as Powell speech lifts volatility
Gold price climbs during the North American session on Tuesday, up by 0.73% after reaching a record high at $3,791 following the release of US economic data and Federal Reserve (Fed) Chair Jerome Powell's speech.
Gold hits fresh all-time high as Fed outlook and global risks fuel demand
Gold (XAU/USD) pushes deeper into uncharted territory on Tuesday, climbing to another record high as expectations for further Federal Reserve (Fed) interest rate cuts and lingering geopolitical risks underpin steady safe-haven demand.
Gold Price Forecast: XAU/USD, at fresh record highs, approaching $3,800
Gold continues to march higher on Tuesday, reaching fresh all-time highs and nearing $3,800 after appreciating more than $140 over the last three trading days.
Gold Price Forecast: XAU/USD edges higher to near $3,750 on further Fed rate cut bets
The Gold price (XAU/USD) gains momentum to near an all-time high of around $3,750 during the early Asian session on Tuesday. Growing expectations of further US Federal Reserve (Fed) rate cuts and persistent safe-haven demand amid political uncertainty underpin the precious metal.
Gold smashes record at $3,747 as Fed cut bets sink US Dollar
Gold price hit a fresh all-time high at $3,747 on Monday and appears poised to test higher prices as the US Dollar slumps, with traders anticipating further easing by the Federal Reserve (Fed) later this year. XAU/USD trades above $3,745, up more than 1.60%.
Gold Price Forecast: XAU/USD at fresh record highs, aims for $3,730 and $3,670
Gold bounced up from the $3,630 area on Friday and is extending gains on Monday, supported by a cautious market mood and hopes of further Fed easing. The precious metal is trading at $3,720, with the following potential targets at $3,730 and $3,760.The fundamental backdrop remains supportive.
Gold Price Forecast: XAU/USD posts modest gain above $3,650 on potential Fed monetary policy easing
The Gold price (XAU/USD) posts a modest gain near $3,685 during the early Asian session on Monday. The yellow metal edges higher as the US Federal Reserve (Fed) cut the interest rates at its September meeting, as widely expected. Traders will take more cues from the Fedspeak later on Monday.
Gold rebounds above $3,670 as dip buyers step in despite firm US Dollar
Gold price reverses its course on Friday after printing back-to-back bearish session, rises over 0.69% despite overall US Dollar strength across the board. Buyers emerged near the lows of the week at around $3,630 and drove the non-yielding metal higher.
Virtually no Gold exports from Switzerland to the US in August - Commerzbank
The Swiss customs authorities have published data on Gold exports in August, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold price weaker after Fed meeting - Commerzbank
The Gold price came under pressure with some delay after the Fed meeting. A brief rise to a new record high of more than $3,700 per troy ounce was followed by a decline of around $70 by Thursday morning, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold Price Forecast: XAU/USD finds support at $3,630 as US Dollar recovery stalls
Gold found buyers at the $3,630 level to bounce up on Friday following a two-day reversal from all-time highs at $3,700 on Wednesday. The precious metal attracted some bids with the US Dollar recovery losing steam, and returned to levels past $3,650.
Gold Price Forecast: XAU/USD edges lower below $3,650 on stronger US Dollar, profit-taking
The Gold price (XAU/USD) trades in negative territory for the second consecutive day near $3,640 during the early Asian session on Friday. The precious metal edges lower after reaching a record high in the previous session due to some profit-taking and a firmer US Dollar (USD).
Gold trims post-Fed losses, consolidates below record highs
Gold (XAU/USD) stabilizes on Thursday after a sharp reversal following the Federal Reserve's (Fed) interest rate decision.
Gold declines after strong US data offsets Fed rate cut
Gold Price retreats during the North American session and is down 0.39% in the aftermath of the Federal Reserve's (Fed) rate cut decision on Wednesday and better than expected Initial Jobs Claims data. At the time of writing, XAU/USD trades at $3,643 after hitting a daily high of $3,673.
Gold skyrockets as Fed cuts 25 bps, eyes further easing
Gold price trades volatile at around $3,650 - $3,700 after the Federal Open Market Committee (FOMC) decided to cut rates by 25 basis points, signaling that further easing is coming towards the years end.
Gold corrects from record highs, Fed interest rate decision to steer direction
Gold (XAU/USD) is taking a breather on Wednesday, slipping from record highs as traders shift their focus to the Federal Reserve's (Fed) interest rate decision due at 18:00 GMT.
Gold Price Forecast: XAU/USD drifts from record highs, $3.660 support on focus
Gold is trading lower on Wednesday, weighed by generalised USD strength, as investors cut short Dollar positions ahead of the Fed's decision. The Precious metal turned lower from the $3,700 record high, with bears contained above the $3.6660 area so far.
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