Mr_Gold_Killer
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Gold prices maintain their bullish stance near recent all-time highs above $2,950 per ounce troy amid the US Dollar's sell-off, shrinking US yields across the curve, and persistent tariff concerns and geopolitical woes.
Gold prices trim their early advance on Friday, deflating to the vicinity of the $2,860 region per ounce troy following the publication of the US labour market report in January.
Gold keeps its inconclusive price action below the $2,870 region per ounce troy on Thursday against the backdrop of a marked recovery in the Greenback and a mild rebound in US yields across the curve. Investors refrain from taking large positions ahead of Friday's key US jobs data
Gold continues its record-breaking rally, surging to an all-time high of around $2,820 per troy ounce on Friday. The metal's ascent is fueled by strong safe-haven demand as investors brace for heightened uncertainty surrounding President Trump's tariff policies.
Gold continues its record-breaking rally, surging to an all-time high of around $2,820 per troy ounce on Friday. The metal's ascent is fueled by strong safe-haven demand as investors brace for heightened uncertainty surrounding President Trump's tariff policies.
Gold continues its record-breaking rally, surging to an all-time high of around $2,820 per troy ounce on Friday. The metal's ascent is fueled by strong safe-haven demand as investors brace for heightened uncertainty surrounding President Trump's tariff policies.
Gold prices now face some selling pressure and retreat to the area of daily lows around the $2,750 mark per ounce troy as market participants remain cautious prior to the Fed's interest rate decision.
Spot Gold is under strong selling pressure at the beginning of the week, trading around the $2,730 mark in the American session. The bright metal was unable to advance against a battered US Dollar (USD) despite a dismal market mood.
Gold extends its correction from the multi-month high it set above $2,760 on Wednesday and trades below $2,740 on Thursday. The 10-year US Treasury bond yield stays in positive territory above 4.6% after of US data, not allowing XAU/USD to regain its traction.50 pipes runningConfirm AnalysisJoin my telegram channel
Gold extends its correction from the multi-month high it set above $2,760 on Wednesday and trades below $2,740 on Thursday. The 10-year US Treasury bond yield stays in positive territory above 4.6% after of US data, not allowing XAU/USD to regain its traction.
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