Tag: Gold as an investment

Forex Trading

Gold price buying remains unabated; fresh all-time high and counting amid trade jitters

Gold price (XAU/USD) scales higher for the second straight day on Wednesday – also marking the fifth day of a positive move in the previous six – and touches a…

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Apr 16, 2025 comments off
Forex Trading

Gold price trades with negative bias below $2,900 amid some USD dip-buying

Gold price (XAU/USD) struggles to capitalize on the previous day’s positive move closer to the $2,900 mark and attracts some sellers during the Asian session on Tuesday, stalling its recovery…

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Mar 04, 2025 comments off
Forex Trading

Gold price retreats further from all-time peak amid modest pickup in USD demand

Gold price (XAU/USD) attracts some sellers in the vicinity of the $2,950 level during the Asian session on Friday and moves away from the all-time peak touched the previous day.

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Feb 21, 2025 comments off
Forex Trading

Gold Price Forecast: XAU/USD edges higher above $2,600 amid light trading

Gold price (XAU/USD) attracts some buyers to around $2,625 during the early Asian session on Monday.

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Dec 30, 2024 comments off
Forex Trading

Gold Price Forecast: XAU/USD holds steady above $2,500, potential downside seems limited

Gold Price (XAU/USD) hovers around $2,500 during the early Asian session on Tuesday.

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Aug 20, 2024 comments off
Forex Trading

Gold Price Forecast: XAU/USD trades with mild gains near $2,450, eyes on US Retail Sales

Gold price (XAU/USD) edges higher to nearly $2,450, snapping the two-day losing streak during the early Asian session on Thursday.

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Aug 15, 2024 comments off
Forex Trading

Gold price holds steady above $2,400 mark, lacks bullish conviction despite softer USD

Gold price (XAU/USD) gains some positive traction during the Asian session on Monday and for now, seems to have stalled a three-day-old corrective decline from the all-time peak touched last…

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Jul 22, 2024 comments off
Forex Trading

Gold Price Forecast: XAU/USD jumps above $2,400 amid a risk-averse environment

Gold price (XAU/USD) attracts some buyers around $2,410, snapping the three-day losing streak during the early Asian session on Monday.

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Jul 22, 2024 comments off
Forex Trading

Gold reverses gains after release of higher-than-expected US PMI data

Gold (XAU/USD) has reversed earlier gains and broken back below its 50-day Simple Moving Average (SMA) on an intraday basis after the release of US Purchasing Manager Indices (PMI) data from…

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Jun 22, 2024 comments off
Forex Trading

Gold price languishes near one-month low amid renewed rate jitters, bullish US Dollar

Gold price (XAU/USD) gained some positive traction on the first day of a new week and reversed a part of Friday’s post-NFP slump to the $2,287-2,286 area, or over a…

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Jun 11, 2024 comments off