Gold (XAU/USD) eases on Thursday as bulls struggle to sustain earlier gains, with XAU/USD drifting back toward the $4,200 level after facing resistance near $4,250.
Gold (XAU/USD) extends gains for the fifth consecutive day on Thursday as the US Dollar dives on risk appetite, following the end of the US government’s closure.
Why gold price is going up today? Gold surges 7% over 5 sessions to $4,229 after Trump ends shutdown. Institutions gold price prediction shows 20% upside to $5,000 by 2026.
Gold (XAU/USD) is seen prolonging its uptrend for the third straight day and scaling fresh three-week highs through the first half of the European session on Thursday.
Gold (XAU/USD) rallies sharply past the $4,200 milestone on Wednesday, as US Treasury yields slip and the US Dollar gives back earlier gains. An improvement in risk appetite has not kept the yellow metal from recovering after falling to $3,886 late October, following a record high near $4,400.
Gold (XAU/USD) regains strength on Wednesday after consolidating for most of the day, with prices edging higher as investors remain cautious ahead of a crucial US congressional vote to end the record-long government shutdown.
Gold (XAU/USD) remains practically flat on the daily chart on Wednesday, as hesitant market, as investors are reluctant to take risks ahead of the US government’s reopening.
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Gold (XAU/USD) builds on a modest intraday bounce from sub-$4,100 levels and climbs back closer to a three-week high during the first half of the European session on Wednesday.
Gold price (XAU/USD) extends the rally to around $4,140 during the early Asian session on Wednesday. The precious metal gains momentum on further bets of a rate cut by the US Federal Reserve (Fed) by year-end. Traders will keep an eye on the Fedspeak later on Wednesday.
Gold price remains flat on Tuesday after reaching a three-week high of $4,148, but at the time of writing trades at around $4,110 amid a US government reopening looming as the Senate passes the stopgap funding bill, now on its way to the House of Representatives.
Gold (XAU/USD) is trading higher for the third consecutive day on Tuesday, with bulls pushing against the $4,150 resistance area at the time of writing..
Gold (XAU/USD) trims earlier gains on Tuesday as sellers step in near the $4,150 area, with the metal struggling to extend Monday’s sharp advance. At the time of writing, XAU/USD is trading around $4,107, easing after touching a three-week high earlier in the European session.
The China Gold Association published data on China's Gold demand in the first three quarters yesterday, with some delay, Commerzbank's commodity analyst Carsten Fritsch notes.
The Gold price rose by up to 3.7% or $150 to $4,150 per troy ounce since yesterday's market opening, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold rebounded sharply this week, riding on hopes that US government shutdown may be nearing its end. It may sound odd but gold is behaving more like an 'alpha' proxy outperforming traditional risk assets. XAU last seen at 4134.79 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Gold (XAU/USD) sticks to modest intraday gains through the first half of the European session and currently trades just below a nearly three-week high touched this Tuesday.
Gold price (XAU/USD) holds positive ground near $4,120 during the early Asian session on Tuesday. The precious metal edges higher after reaching a two-week high in the previous session, amid prospects for rate cuts by the US Federal Reserve (Fed) in December and a softer US Dollar (USD).
Gold price rallies over 2% on Monday as investors increases bets on a Federal Reserve (Fed) rate cut at the December meeting. Meanwhile, news of a possible reopening of the US government pushed the Greenback higher, yet the yellow-metal buyers remain reluctant to give way to earlier gains.
Gold price (XAU/USD) trades 2% higher to near $4,080 during the European trading session on Monday. The yellow metal strengthens amid steady expectations that the Federal Reserve (Fed) will cut interest rates again in the December policy meeting.
Bitcoin price jumps 4% to $106,403 and gold rallies 2% to $4,085/oz as Senate votes 60-40 to end historic 40-day government shutdown, weakening dollar and boosting safe-haven and risk assets.
Gold price (XAU/USD) jumps to near $4,075 during the early European trading hours on Monday. The precious metal edges higher amid uncertainty over the US economic outlook.
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.
Analysts at JPMorgan have suggested that bitcoin may be oversold after recent price declines pushed it below $100K. They indicated there is a possibility of higher prices in the coming months.
Gold (XAU/USD) trades slightly firmer on Friday, holding within the familiar $3,900-$4,050 range as the prolonged United States (US) government shutdown and cautious sentiment across global markets keep safe-haven demand steady.
China gold reserves 74.09 million fine troy oz at end-October vs 74.06 million troy oz at end-September, People's Bank of China (PBoC) reported. The value of the gold reserves is seen adjusting higher to $297.21 billion this month, against $283.29 billion in September.
Gold (XAU/USD) maintains its bid tone above the $4,000 psychological mark through the first half of the European session on Friday, though it remains below the overnight swing high amid mixed cues.
Gold price (XAU/USD) trades in positive territory near $3,990 during the early Asian session on Friday. The precious metal edges higher amid a weaker US Dollar (USD) and a renewal of safe-haven demand. Traders await the release of the flash U-Mich Consumer Sentiment survey later on Friday.
Gold price advances on Thursday after reaching a daily high of $4,019, but retreats below the $4,000 mark even though the US Dollar and US Treasury yields tumbled. At the time of writing, XAU/USD trades with gains of over 0.10% at around $3,985.
Gold (XAU/USD) edges lower on Thursday, after briefly reclaiming the key $4,000 psychological mark amid a weaker US Dollar (USD). At the time of writing, XAU/USD is trading around $3,985, easing from an intraday high of $4,019 as bullish momentum stalls.
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