CCY:XAUUSD

Xau/usd Currency Pair News

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$4,450.06
-35.36 (-0.788%)
At Close: Jun 03, 2026
Gold confirms strength with a breakout above trendlines and 50-Day MA, aiming for higher targets at 2,388 and 2,494.
Gold price surged over 1% on Wednesday after softer-than-expected economic data from the United States increased bets that the Federal Reserve (Fed) could cut interest rates by September. In the meant
Gold has started off Q3 with a bang, and that comes in contrast to much of last quarter as gold prices built in a range after a strong breakout in March. That range backdrop is well-illustrated on the
Treasury yields declined after the release of weak ISM Services PMI report, providing support to precious metals.

Gold – 03.07.2024

09:50am, Wednesday, 03'rd Jul 2024
As seen on our previous chart, Gold is still holding in our expected trading zone between the support 2315-18 and resistance 2353-56. This resistance zone 2353-56 could push for another drop again tow
The gold market rallied again in the early hours on Wednesday, as the market continues to see a multitude of reasons to continue higher overall. This is a market that continues to look “buy on the d
Today's data dump includes the ADP private payrolls, unemployment claims, factory orders and ISM services PMI. Friday will see the release of the June payrolls data.
Gold (XAU/USD) rallies into the $2,340s on Wednesday as investors continue to digest the contents of Federal Reserve (Fed) Chairman Jerome Powell's speech from Tuesday and the shift in monetary-policy
The gold market isn't short of fundamental support but weakening inflation may leave it vulnerable too
The short-term outlook for gold hinges on upcoming economic data and Fed policy expectations, making it a news-driven market.
Gold bulls returned with stronger positive momentum on Wednesday and hit an almost two-week high of 2,287. This came after Fed chairman Powell acknowledged progress on inflation and as investors await
Fresh strength hit the highest in almost two weeks, though the wider picture shows the price moving within larger range ($2368/$2286) for the past couple of weeks.

Gold Price Prospects for H2

04:26am, Wednesday, 03'rd Jul 2024
According to Investing.com, Georgette Boele, a senior sustainability economist at ABN Amro, published a cautious forecast on 27 June, predicting a gold price of $2000 per ounce by the end of the year.
Gold prices find strong support at $2325, driven by the Federal Reserve's dovish signals, hinting at potential rate cuts.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
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