Conflicts in the Middle East fuel demand for safe havens The ongoing conflict in the Middle East, especially between Israel…
Gold faces headwinds from the strong US dollar The U.S. dollar, buoyed by expectations of future Federal Reserve rate cuts,…
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Daily Gold (XAU/USD) At 11:44 GMT, XAU/USD is trading $2661.48, up $5.37 or +0.20%. Traders are focusing on the US…
Fed rate expectations influence market sentiment Comments from Fed Chairman Jerome Powell on Monday dampened hopes for aggressive interest rate…
Weekly gains driven by hopes of Fed rate cuts Although gold has retreated from its peak, the precious metal is…
Daily Gold (XAU/USD) The drop in gold prices followed a strong rally, but traders are now cautious due to emerging…
Fed rate cut leads to gold rally The Fed's aggressive 50 basis point cut reignited bullish sentiment for gold. Traders…
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