CCY:XAUUSD

Xau/usd Currency Pair News

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$4,470.28
+20.21 (+0.454%)
At Close: Jun 04, 2026

Gold – 09.09.2024

10:02am, Monday, 09'th Sep 2024
Gold managed to advance toward the target zone of 2522-32 and printed a high of 2528 last Friday. Gold failed to break this resistance zone and managed to activate another drop wave toward 2485 so far
The US dollar and by extension gold faced quite a bit of volatility on Friday after a weaker US jobs data and a couple of Fed speeches left us guessing about whether the Fed will cut by 25 basis point
Gold (XAU/USD) pulls back down to just below $2,500 per troy ounce on Monday after retesting its all-time highs on Friday, amid market volatility following the release of a mixed US Nonfarm Payrolls (
Gold prices hold steady as traders await key US inflation data, set to influence the Fed's next move on rates. Will this drive the next gold price rally or decline?

Gold Sinks as Fed Weighs Up Rate Cut!

06:27am, Monday, 09'th Sep 2024
The yellow metal faded on Friday after the NFP and unemployment numbers saw mixed results. With the all important CPI data out this week, all eyes will be on the Fed to see how much of a cut they will
The metal's price was deflated by US labor data on Friday, as employment increased below expectations but unexpected drop in jobless rate cooled fears about stronger weakness in the labor sector, cont
In the meantime, the momentum indicators remain mixed. The RSI remains above its midpoint but shows little appetite for a move higher.
Gold prices face resistance at $2,500 amid stronger U.S. dollar and higher Treasury yields. Bearish outlook remains with $2,471 as the next key support.
Gold is moving to its own tune, not exhibiting the relationship with the US dollar and US bond yields often seen going back decades. While there's always the risk those key drivers could reassert them
Gold prices remained broadly unchanged in Philippines on Monday, according to data compiled by FXStreet.
Gold prices remained broadly unchanged in United Arab Emirates on Monday, according to data compiled by FXStreet.
Gold prices remained broadly unchanged in Pakistan on Monday, according to data compiled by FXStreet.
Gold prices remained broadly unchanged in India on Monday, according to data compiled by FXStreet.
Gold prices remained broadly unchanged in Saudi Arabia on Monday, according to data compiled by FXStreet.
Gold price (XAU/USD) witnessed an intraday turnaround from the vicinity of the all-time peak and dropped back below the $2,500 psychological mark following the release of the key US monthly employment
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