Gold price (XAU/USD) gains momentum to near $4,065 during the early Asian session on Thursday. The precious metal rises over 3.60%, the biggest gain since mid-August, after Democrats swept the US midterm elections.
Gold (XAU/USD) rallied near 3% on Wednesday as the Greenback tumbled following the Democrats' sweep in the US midterm elections. Markets now look ahead to the release of October’s Nonfarm Payrolls data on Friday. The XAU/USD trades at $4,047, after bouncing off daily lows of $3,919.
Gold (XAU/USD) maintains a bullish bias during American trading hours on Wednesday as traders digest the US midterm election results. At the time of writing, XAU/USD trades around $4,038, up nearly 3.0% on the day.
Gold (XAU/USD) builds on its strong intraday move up, hitting a series of new weekly tops on Wednesday and climbing back close to the $4,050 level during the first half of the European session amid a broadly weaker US Dollar (USD).
Gold price (XAU/USD) declines to near $3,930 during the early Asian session on Wednesday, pressured by a firmer US dollar (USD) and higher Treasury yields. Traders await the outcome of US midterm elections for fiscal policy clues.
Gold price (XAU/USD) falls on Tuesday as geopolitical tensions remain high in the Middle East, with Oil prices trimming their earlier losses, boosting the US Dollar's haven appeal due to their positive correlation. At the time of writing, XAU/USD trades at $3,926, down 0.45%.
United Overseas Bank’s (UOB) Quek Ser Leang notes that spot gold remains under pressure after breaking an ascending trendline on 22 October and falling below $3,943 to a one-year low near $3,870 on 30 October.
Gold (XAU/USD) returns to negative territory on Tuesday as volatile Oil prices continue to shape price action. At the time of writing, XAU/USD trades around $3,933, down 0.31% on the day, but above its intraday low of $3,895.
ING commodities strategists Warren Patterson and Ewa Manthey say Gold rebounded 1.85% after last week’s sharp sell-off, helped by lower Oil prices and bargain hunting.
Gold (XAU/USD) slides below the $3,900 mark during the first half of the European session on Tuesday, eyeing its lowest level since October 2025, set last week amid expectations of further tightening by the US Federal Reserve (Fed).
Gold price (XAU/USD) rises to around $3,950 during the early Asian session on Tuesday. The precious metal rebounds as falling oil prices have tempered inflation worries. Traders will closely monitor US midterm elections later this week.
Gold (XAU/USD) rebounds and gains over 2% on Monday as crude prices drift lower, dragging the US Dollar (USD) lower due to its positive correlation, as elevated energy prices exert pressure on inflation. XAU/USD trades at $3,954 at the time of writing.
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Gold (XAU/USD) extends its recovery during American trading hours on Monday, supported by falling Oil prices following positive headlines on US-Iran talks. The metal regains ground after hitting a fresh yearly low of $3,870 on Friday and ending October down 6.87%.
ING strategists Warren Patterson and Ewa Manthey note that Gold fell to a one-year low late last week as surging Oil prices fueled inflation concerns and expectations of higher-for-longer interest rates.
OCBC strategists Sim Moh Siong and Christopher Wong remain constructive on Gold over the medium term but have lowered price forecasts to USD4,250/oz for end-2026 and USD4,710/oz for end-2027.
Gold (XAU/USD) clings to an intraday positive tone through the first half of Monday’s European session, though it struggles to build on momentum beyond the $3,900 mark amid mixed fundamental cues.
Gold price (XAU/USD) recovers some lost ground to near $3,895 during the early Asian trading hours on Monday. The precious metal edges higher after falling to its lowest level of $3,870 in the previous session.
Gold (XAU/USD) tanked to a new year-to-date (YTD) low of $3,880 on Friday, clearing the $3,900 threshold for the first time since October of last year. The Greenback and US Treasury yields edged higher, while risk appetite deteriorated and hawkish Fed rhetoric pushed prices lower.
Gold (XAU/USD) prices plunged below $3,900 on Friday, reaching a new year-to-date low even though expectations that the Federal Reserve (Fed) will tighten policy are trimmed by investors.
Gold (XAU/USD) plunges nearly 3% on Friday, hitting fresh year-to-date lows. The metal struggles despite a risk-off mood driven by a technology stock sell-off over AI spending concerns.
Gold (XAU/USD) stages a modest intraday recovery from the $3,965 region, or its lowest level since July 17, touched earlier this Friday, as the US Dollar (USD) selling remains unabated.
Gold price (XAU/USD) falls to around $4,015 during the early Asian session on Friday. The precious metal loses ground as US inflation data reinforced expectations of a Federal Reserve (Fed) interest rate hike later this year.
Gold (XAU/USD) extends its losses on Thursday, down over 1.20% as the US equity markets fall and investors rotate into defensive stocks, while solid US economic data reinforced speculation that the Federal Reserve (Fed) could increase rates in December.
Gold (XAU/USD) extends its intraday decline on Thursday as the latest US Personal Consumption Expenditures (PCE) inflation data reinforce expectations of a Federal Reserve (Fed) rate hike in December after the US central bank held interest rates steady at its October meeting.
Financial market technology has become an increasing priority for institutional traders as they recognise the role of infrastructure in delivering the best pricing and access.
Gold (XAU/USD) maintains its heavily offered tone through the first half of the European session, trading near the lower end of the daily range, around $4,030, amid a bearish fundamental backdrop.
Gold price (XAU/USD) edges lower to around $4,050 during the early Asian session on Thursday. Markets assess comments from Federal Reserve (Fed) Chair Kevin Warsh after the US central bank left benchmark interest rates unchanged at its October policy meeting.
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