Gold consolidates near seven-month low ahead of US PCE report
Gold dropped lower as prices moved towards the 3886 support. As we see from the Intraday chart, the market is facing a trading zone between support 3930-60 and resistance 4020-40.
Gold: Slide below $4,000 tests key supports – Societe Generale
Gold stabilised near 4,000 USD per troy ounce on Thursday but remained close to its lowest levels in almost eight months. The market continues to face pressure from a stronger US dollar and growing expectations of further monetary policy tightening by the Federal Reserve.
Gold: Rates repricing weighs on haven appeal – BNY
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold steadies, according to FXStreet data
United Arab Emirates Gold price today: Gold steadies, according to FXStreet data
Pakistan Gold price today: Gold steadies, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
Gold falls to seven-month low below $4,000 on rising Fed hike bets, traders brace for US PCE data