XAU/USD
investingLive Asia-Pacific market news: Gold hit a three month high
Markets moved cautiously into the new week, weighing an escalating standoff with Iran, a deepening trade impasse between the US and Canada, and fresh concerns over the pace of China's economic growth. The mix of geopolitical and macro headwinds left risk sentiment mixed across Asia-Pacific markets on Monday.
Gold's glitter is here to stay as eyes turn to US inflation and Fed Chair Warsh
Gold's glitter is here to stay as eyes turn to US inflation and Fed Chair Warsh
XAUUSD Climbs as Elliott Wave Analysis Predicts Upside
Hello Traders, in today's blog, we're reviewing the XAUUSD wave count shared with our members, which pointed to a strong bullish outlook. The Elliott Wave pattern confirmed the move, sending the precious metal surging over 2000 points.
Gold and Bitcoin Surge as U.S. Bond Buybacks Surprise Markets
Gold and Bitcoin surged after the U.S. Treasury announced it would double the size of its long-term bond buybacks from $2 billion to at least $4 billion per operation. This was important because the move pushed bond prices higher and weakened the U.S. dollar.
Gold gains momentum above $4,600 on US Treasury buyback plans
Gold gains momentum above $4,600 on US Treasury buyback plans
12 years trading Gold. What finally worked?
12 years trading Gold. What finally worked?
Brits regret not buying Gold but didn't learn their lesson
Brits regret not buying Gold but didn't learn their lesson
India Gold market showing signs of recovery
India Gold market showing signs of recovery
Why Gold, Oil and the Dollar Are All Flashing Warning Signs
The Gold and oil prices rose as the US Dollar weakened despite high US yields, pointing to inflation risk and growing unease over the US fiscal outlook. Brent crude ended the week above $94 a barrel, while the gold price climbed through $4,600 and the US Dollar slipped to a three-month low against the Euro.
Gold Price Forecast: XAU/USD Breakout Targets $4,700, then $4,890
The Gold price's break above its 200-day average strengthens the near-term outlook, with $4,700 now the first major test and $4,500 providing support. The Gold price (XAU/USD) entered the weekend near $4,604 an ounce after climbing more than 5% over the week and reaching its highest level since mid-May.
Gold Rally Takes Another Big Step Forward as FOMO Fuels the Run
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Gold (XAU/USD) Price Forecast: Breakout Opens Path Toward $4,891
Gold's breakout above the 200-day moving average strengthens its bullish outlook, with multiple upside targets now in view if support continues to hold.
