Tag Archives: Gold

Gold prices have surged in recent weeks, driven by a confluence of factors including escalating geopolitical tensions, economic uncertainty, and a weakening US dollar. As investors seek safe-haven assets, gold has emerged as a preferred choice, reinforcing its traditional role as a hedge against inflation and market volatility.Geopolitical Tensions Fuel …

Gold prices edged higher in Asian trade on Friday, driven by a weaker dollar and heightened geopolitical tensions, as traders positioned themselves ahead of a potential December interest rate cut by the Federal Reserve. The precious metal, often viewed as a safe haven, regained some of the ground lost earlier …

Gold prices faced slight declines during Thursday’s Asian trading session, reflecting market uncertainty over the Federal Reserve’s rate-cut trajectory. The robust U.S. economy and persistently high inflation have tempered expectations for aggressive monetary easing in the near future. Key Factors Driving Gold Prices U.S. Economic Data: The Personal Consumption Expenditures …

Gold prices edged up slightly in Asian trade on Wednesday, continuing modest gains from the previous session as safe-haven demand remained supported by concerns over potential U.S. trade tariffs. However, the metal’s ascent was tempered by a resilient U.S. dollar and easing tensions in the Middle East, which dampened some …

Gold prices saw a modest uptick during Asian trading on Tuesday, driven by escalating geopolitical and trade concerns, though gains were capped by a stronger U.S. dollar and easing Middle Eastern tensions. Key Market Moves Spot gold increased by 0.1% to $2,628.69 an ounce. Gold futures (December) rose by 0.4% …

Gold prices faced a sharp drop today, retreating from a three-week high, as a risk-on environment diminished the appeal of the precious metal. The XAU/USD pair struggled to sustain its momentum from last week’s gains, though it managed to hold above the $2,650 level, supported by the 100-period Simple Moving …

Gold resumed its bullish momentum during the previous session, surpassing the official target of $2700 per ounce and recording its highest level at $2720. From a technical perspective, the current movement shows a slight bearish tendency due to encountering the pivotal resistance at $2720. However, a closer look at the …

Analysts at UBS forecast sustained upward momentum in gold prices throughout 2025, driven by a combination of declining global interest rates and persistent geopolitical risks. These factors reinforce gold’s status as a reliable safe-haven asset while aligning with favorable macroeconomic trends. Key Drivers for Gold’s Rally Lower Interest Rates Central …

Gold maintained its upward momentum on Friday, setting the stage for its largest weekly gain in nearly eight months. The precious metal’s appeal as a safe haven surged amid heightened geopolitical tensions, as Russia lowered its nuclear weapon usage threshold and launched a hypersonic missile at Ukraine. Spot gold remained …

Gold prices have surged for the fourth consecutive day, surpassing the 50-day Simple Moving Average (SMA) of $2,660 due to global unrest and reports of Russia’s potential Inter-Continental Ballistic Missile (ICBM) launch. The US economic data suggests a strong jobs market, with the XAU/USD trading at $2,672 at weekly highs, …