CCY:XAUUSD

Xau/usd Currency Pair News

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

Gold – 23.08.2024

09:35am, Friday, 23'rd Aug 2024
Gold tested the support trend yesterday and managed to hold above 2469. As we see on the Intraday chart, the market is now testing the resistance zone of 2500-05 which could cause a correction, before
Gold prices are back at $2500/oz following a long awaited retracement which materialized during Thursdays US session. A combination of a stronger US Dollar, rising US Yields and potential profit takin

Gold Holds at $2500 Ahead of Fed Speech!

07:50am, Friday, 23'rd Aug 2024
Gold Holds at $2500 Ahead of Fed Speech! Jerome Powell is expected to hint at the Fed's first rate cut in over four years.
Gold regained traction and bounced on Friday, reversing so far around a half on Thursday's 1.1% drop, which broke and closed below psychological $2500 level.
Traders prepare for potential gold price swings as Powell's Jackson Hole speech could confirm rate cuts or strengthen the dollar, influencing market sentiment.
Gold fell below $2,500 per troy ounce, as a stronger US Dollar weakened investor demand, ANZ commodity strategists note.
Gold (XAU/USD) bounces past the $2,490s on Friday after pulling back down to technical support at $2,470 in the previous session. The precious metal's recovery is aided by a weaker US Dollar (USD) –
As the dollar bounced back a little, gold fell by 1% and more importantly back under the $2,500 mark. Price is still keeping above the previous triple top pattern around $2,480 but buyers will be hopi
Gold hovers near $2,493 with support from a weak USD and safe-haven demand amid geopolitical tensions. Can it break $2,500?
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Gold prices rose in Pakistan on Friday, according to data compiled by FXStreet.

UBS target USD2700 / oz for gold

10:41pm, Thursday, 22'nd Aug 2024
I posted earlier on the note on the UBS oil forecast: UBS is expecting Brent crude oil to recover into $85 - 90 range Citi is looking for the same direction: Citi says upside risk for oil, Brent possi
Gold prices rose in United Arab Emirates on Friday, according to data compiled by FXStreet.
Gold price (XAU/USD) fell more than 1% on Thursday as bulls opted to take some profits off the table amid a goodish rebound in the US Treasury bond yields and the US Dollar (USD). The downside, howeve
An obvious and coordinated pushback from Fed officials against market pricing looking for aggressive rate cuts in the months ahead has sparked a reversal in the US dollar, combining with solid US econ
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