Gold Price News and Forecast: XAU/USD drops below $1730 amid higher US Treasury yields [Video]

The price refreshes the swing lows near the $1,722 region and maintains downside bias against the US dollar. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. The possibility exists that you could sustain a […]

Gold Price News and Forecast: XAU/USD fades recovery moves around $1750 as risk dwindles

Gold trims intraday gains after reversing from $1,749.44, around $1,746 by the press time, amid Wednesday’s Asian session. The yellow metal registered the heaviest gains in three days the previous day by refreshing the weekly top with $1,748.97, mainly due to the US dollar weakness. Markets and instruments profiled on this page are for informational […]

Gold Price Analysis: XAU/USD eyes a break above critical $1736 barrier to unleash further upside

Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. The Ripple price had one of the craziest rallies in the past three days, jumping by 100% to a three-year high of $1.19. Welcome to FXStreet’s […]

Gold Price News and Forecast: XAU/USD to alleviate downside pressure above $1755/65

Strategists at Capital Economics continue to expect the vaccine rollout to enable economies to re-open later this year, which should bolster riskier assets and weigh further on the price of gold. Gold has retested and again held key support at $1682/71 – the 38.2% retracement of the entire 2015/2020 bull market and the recent and […]

Gold Price News and Forecast: XAU/USD continues to surge

Similar to the $1.9 trillion stimulus plan signed only a few weeks ago – Biden’s new package will involve pumping hundreds of billions of dollars into improving the nation’s aging roads, bridges, schools, railways, waterways, airports and cellular network. During the second part of Tuesday’s trading, the yellow metal’s price reached the resistance zone just […]

Record Deficit, AstraZeneca, Dimon’s letter, Oil lower on AZN news, Gold steady

The taper tantrum is a big fear for stock investors but these Minutes will likely show continued optimism with the recovery and expectations for an early overshooting of their inflation target due to base effects. The British pound was initially dragged down over the AstraZeneca vaccine headlines, but the hit to vaccine distribution seemed to […]