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Gold holds firm but lacks follow-through ahead of key US economic releases
Gold (XAU/USD) struggles for direction on Tuesday, with overall trading activity subdued in the absence of fresh market-moving catalysts. At the time of writing, XAU/USD trades around $5,050, holding firm after briefly slipping below the $5,000 psychological level during the early Asian session.
Fxstreet
Tue, Feb 10
Gold drifts lower as positive risk tone tempers safe-haven demand; downside seems limited
Gold (XAU/USD) drifts lower during the Asian session on Tuesday and snaps a two-day winning streak, though it lacks strong follow-through selling and shows some resilience below the $5,000 psychological mark amid mixed cues.Fxstreet
Tue, Feb 10
Gold Price Forecast: Spot Gold pushes back above $5,000
The daily chart shows spot Gold in a parabolic uptrend that accelerated sharply from the $4,600 area in late January, printing a record high at $5,598.25 before a violent reversal erased nearly $1,000 in value during the final days of the month.Fxstreet
Tue, Feb 10
Gold Price Forecast: XAU/USD falls below $5,050 as traders await US jobs data
Gold price (XAU/USD) attracts some sellers near $5,035 during the early Asian session on Tuesday. The precious metal edges lower amid improved risk sentiment and some profit-taking. Traders brace for key US economic data later this week, including delayed employment and inflation reports.Fxstreet
Tue, Feb 10
Gold rallies above $5,070 as China treasury shift batters US Dollar
Gold price (XAU/USD) remains bid during the North American session on Monday following reports that Chinese authorities recommended institutions to reduce exposure to US Treasuries or pare down their positions due to increased volatility. At the time of writing, XAU/USD trades at $5.074, up 2.16%.Fxstreet
Mon, Feb 9
Gold Price Forecast: XAU/USD stalls at $5,000 with the bullish trend in play
Gold (XAU/USD) appreciates for the second consecutive month on Monday, favoured by moderate US Dollar (USD) weakness. The yellow metal maintains the immediate bullish trend intact, but so far, is failing to find significant acceptance above the $5,000 psychhological level.Fxstreet
Mon, Feb 9
Gold consolidates near $5,000 on soft USD and supportive macro backdrop
Gold (XAU/USD) holds firm on Monday, steadying after a turbulent end to last week as supportive fundamentals continue to underpin demand. At the time of writing, XAU/USD is trading around $5,010, up nearly 1.15% on the day, with the intraday high marked near $5,047.Fxstreet
Mon, Feb 9
WTI prices tread water around $63.00 on easing supply concerns
The US benchmark West Texas Intermediate (WTI) Oil trades moderately higher on Monday, changing hands at $63.30 per barrel at the time of writing, but trapped within previous ranges and significantly below the $66.25 highs witnessed in late January.Gold: Tether flows reshape market structure – Societe Generale
Societe Generale analysts Michael Haigh, Ben Hoff and Jeremy Sellem highlight how Tether’s expanding Gold holdings have become a major force in the Gold market. They stress that Tether’s flows can rival or exceed those of ETFs and some central banks.Fxstreet
Mon, Feb 9
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