CCY:XAUUSD

Xau/usd Currency Pair News

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$4,450.06
-35.36 (-0.788%)
At Close: Jun 03, 2026
Gold markets continue to look very strong as we are testing a major recent high. Ultimately, we are on the precipice of breaking out one way or the other, either through the mass of bullish pressure,
Gold is within touching distance of posting a fresh all-time high as US interest rate cut bets increase
The anticipation of upcoming U.S. rate cuts is likely to drive gold prices higher, potentially leading to new record highs for XAU/USD.
Thanks largely to weakness in economic data, and falling inflationary pressures, bond yields are continuing to remain under pressure. This is helping to boost the appeal of low- and zero-yielding asse
On Monday, July 15th, U.S. stock markets closed higher, continuing Friday's rally, as hopes for a second Trump presidency and a looser regulatory environment rose after a failed assassination attempt.

Gold rallies after the Fed Chairman has spoken

06:28am, Tuesday, 16'th Jul 2024
Gold (XAU/USD) is up over half a percent on Tuesday, trading in the $2,440s as it inches up toward the $2,451 all-time high. The rally in the yellow metal is being supported by heightened expectations
Gold had a great year-to-date performance, gaining around 18% and hitting a record high of 2450 on May 20. As discussed in previous reports, gold's uptrend was fueled by geopolitical uncertainty, cont

Gold Nears Record High as Fed Rate Cut Looms

05:17am, Tuesday, 16'th Jul 2024
Gold prices have surged, reaching $2430 per troy ounce on Tuesday, flirting with historic highs. The recent spike in gold prices is largely attributed to comments made by Federal Reserve Chairman Jero
Gold price rose further in early Tuesday following more dovish tones from Fed Powell in his speech on Monday, which contributes to growing expectations that the Fed may soon decide to start cutting in

Gold Ready for Another Record!

05:13am, Tuesday, 16'th Jul 2024
Gold moved near another record high as prices were lifted over $60 from last week. Economists are closely monitoring political news and awaiting Fed comments to see when rate cuts will begin.
Gold (XAU) climbs to $2,427, boosted by Fed rate cut expectations and a supportive upward channel.
Gold prices rose in Pakistan on Tuesday, according to data compiled by FXStreet.
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Gold prices remained well-supported above the $2,350 zone against the US Dollar. The bulls were able to push the price above the $2,380 and $2,400 resistance levels.
Gold prices rose in United Arab Emirates on Tuesday, according to data compiled by FXStreet.
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