CCY:XAUUSD

Xau/usd Currency Pair News

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At Close: Jun 05, 2026

Gold Forecast: XAU/USD faces key test from US data

08:12am, Wednesday, 04'th Dec 2024
After falling a big 3% last Monday, gold has been trading in tight ranges since, holding mostly within that day's range. In other words, it hasn't fallen any further, although it has also made little
Gold prices steady as traders await Powell's comments and Friday's NFP report for direction. Will gold break out of its range or stay rangebound?
Powell's speech today could shape Fed rate cut expectations, impacting Treasury yields, the US Dollar, gold prices, and stock market trends.
Key US data, including ADP Jobs (152K forecast) and ISM PMI (55.7 forecast), set to shape Gold, GBP/USD, and EUR/USD market outlooks this week.
Geopolitical tensions lift gold above $2,650, while silver targets a breakout above $31.15. Key levels and insights ahead.
Gold prices rose in Saudi Arabia on Wednesday, according to data compiled by FXStreet.
Gold prices rose in Philippines on Wednesday, according to data compiled by FXStreet.
Gold prices rose in United Arab Emirates on Wednesday, according to data compiled by FXStreet.
Gold prices rose in Pakistan on Wednesday, according to data compiled by FXStreet.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold prices rose in Malaysia on Wednesday, according to data compiled by FXStreet.
Gold price (XAU/USD) extends its consolidative price move on Wednesday and oscillates in a narrow range below the $2,650 level during the Asian session. Traders now seem reluctant and opt to wait for
Gold and silver consolidate within tight ranges, while EUR/USD exhibits volatility around its long-term support zone.
Gold prices trended up on Tuesday during the North American session. XAU/USD rose 0.28% higher despite US Treasury yields gaining ground, though the yellow metal was underpinned by overall US Dolla
Silver and platinum are also moving higher in today's trading session.
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