United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold rises on Middle East tensions; inflation fears temper rate cut bets and cap gains
Metals have been responding very unusually to the latest and ongoing US-Iran-Israel conflict, initially spiking higher but failing to withstand the pressure that followed.
Gold drifts lower to near $5,000 as Fed rate-cut hopes fade
Gold Price Forecast: XAU/USD pulls back amid cooling safe-haven demand
In this webinar we take an in-depth look at the technical trade levels for the US Dollar (DXY), Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Swiss Franc (USD/CHF), Gold (XAU/USD), Crude Oil (WTI), and Bitcoin (BTC/USD), and S&P 500 (SPX500), Nasdaq (NDX), and Dow Jones (DJI). These are the levels that matter on the technical charts into the weekly open.
Gold (XAU/USD) and Silver (XAG/USD) update: Metals face unusual selling pressure as surging Oil prices drive long-lasting inflation fears. With Gold fragilely holding 5,000 dollars and Silver near 80 dollars, non-yielding assets struggle against rising rate expectations.
Falling Treasury yields and weaker dollar did not provide support to gold markets today.
The gold market continues to see a lot of external pressures, as the US dollar, headlines, war, and central banks all play a part in what is going on at the moment. With this, position sizing will be crucial.