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October 8, 2024 New Delhi, India Gold Prices Gold (XAU/USD) continues to struggle for momentum, trading within a familiar range as market forces remain mixed. The upbeat US jobs report last Friday reinforced a resilient labor market, prompting investors to further reduce expectations of a major interest rate cut by the Federal Reserve (Fed) in…
October 4, 2024 New Delhi, India Gold Prices The gold price (XAU/USD) continues to face challenges in maintaining upward momentum, staying below its weekly top during Friday’s European session. A key factor limiting gains is the diminishing likelihood of aggressive policy easing by the Federal Reserve (Fed). As a result, traders are adopting a cautious…
October 3, 2024 New Delhi, India Gold Prices XAU/USD Gold prices (XAU/USD) continued to face selling pressure for the second consecutive day on Thursday, reflecting the strength of the US Dollar (USD) and the impact of recent US economic data. Despite this, rising geopolitical tensions in the Middle East are offering some support to the…
September 27, 2024 New Delhi, India Gold Prices The Gold price (XAU/USD) faced some selling pressure on Friday, retreating from its record high near the $2,686 mark reached on Thursday. The decline was largely driven by a modest pickup in USD demand, which typically weighs on the price of the precious metal. Additionally, a risk-on…
September 26, 2024 New Delhi, India Gold Price (XAUUSD) Today The Gold price (XAUUSD) struggled to gain clear intraday direction on Thursday, oscillating below the all-time high touched the previous day. Traders remained cautious as they awaited more clues on the US Federal Reserve’s future rate-cut path. Despite expectations for another 50 basis points rate…
September 25, 2024 New Delhi, India Gold Prices Gold price (XAU/USD) pulled back on Wednesday after hitting a fresh record high during the Asian session as traders opted to take profits amid slightly overbought conditions on the daily chart. The broader risk-on mood, bolstered by China’s latest stimulus measures, also diverted flows from the safe-haven…
September 23, 2024 New Delhi, India Gold prices (XAU/USD) surged to a record high on Monday, driven by a weaker US Dollar (USD) and escalating geopolitical tensions in the Middle East. The recent initiation of a monetary easing cycle by the Federal Reserve (Fed), with expectations of further rate cuts this year, continues to provide…
September 20, 2024 New Delhi, India Gold Prices The price of gold (XAU/USD) continued to gain traction for the second consecutive day, moving steadily closer to the $2,600 mark, approaching its all-time high during the early European session on Friday. This comes in the wake of the Federal Reserve’s significant rate cut on Wednesday, which…
September 13, 2024 New Delhi, India Gold Prices Gold prices (XAU/USD) continued their upward momentum for the second consecutive day, reaching a new all-time high around the $2,565-$2,570 level during the European session on Friday. The recent gains are driven by rising expectations for a larger interest rate cut by the Federal Reserve (Fed) next…
September 11, 2024 New Delhi, India Gold Prices Gold (XAU/USD) extended its upward move for the third consecutive day on Wednesday, rising from the $2,485 region to reach a fresh weekly high during the early European session. The precious metal is currently hovering around the $2,525-$2,526 supply zone, with bulls looking to build on this…
