Frank E. Holmes: Why the Gold bull market is far from over [Video]
Gold slips as USD rebounds, strong ISM data clouds Fed path
Falling Treasury yields did not provide support to gold markets in today's trading session.
XAU/USD Price forecast: Gold remains depressed above $4,000
This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of Forex.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by FOREX.com.
NFP week: What awaits Bitcoin and Gold
The gold market initially gapped higher to kick off the week, with more chaos and uncertainty coming out of the Middle East yet again.
Weekly forex forecast: EUR/USD, XAU/USD, GBP/USD, USD/JPY, Bitcoin and more [Video]
Gold has had a rough year. After hitting an all-time high near $5,602 in January, the metal has since dropped roughly 27% from that peak, weighed down by rising Treasury yields, a firmer dollar, and cooling demand for safe-haven assets.
Gold struggles to hold gains amid mixed US-Iran headlines, hawkish Fed
Gold: Explosive phase, muted correction – Deutsche Bank
TL;DR: Gold has barely moved despite dramatic swings in oil, Treasury yields, and the Dollar over the past month — because the Fed's abandonment of forward guidance and a widening gap between geopolitical rhetoric and physical Hormuz supply data have raised the bar for what counts as a genuine catalyst.