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Gold nears record highs as dovish Fed outlook underpins demand
Gold (XAU/USD) extends its advance on Friday as expectations build for further monetary policy easing by the Federal Reserve (Fed) after this week’s interest rate cut. At the time of writing, XAU/USD is trading around $4,335, just shy of its all-time high near $4,381, marked on October 20.
Fxstreet
Fri, Dec 12
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $57.76 per barrel, up from Thursday’s close at $57.68.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $61.35 price posted on Thursday, and trading at $61.41.
Gold retreats from multi-week top amid risk-on mood; downside seems limited
Gold (XAU/USD) edges lower during the Asian session on Friday and erodes a part of the previous day's strong gains, snapping a three-day winning streak to the $4,285-4,286 region, or the highest level since October 21.Fxstreet
Fri, Dec 12
Gold Price Forecast: XAU/USD climbs above $4,250 as Fed rate cut weakens US Dollar
Gold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower.Fxstreet
Fri, Dec 12
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $57.95 per barrel, down from Wednesday’s close at $58.77.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $61.62 after its previous daily close at $62.46.Gold Price Forecast: XAU/USD drifts higher above $4,200 as Fed delivers expected cut
Gold price (XAU/USD) gains momentum to around $4,235 during the early Asian session on Thursday. The precious metal extends its upside after the US Federal Reserve (Fed) delivered an expected third consecutive interest rate cut and maintained its outlook for just one cut in 2026.Fxstreet
Thu, Dec 11
Gold jumps after Fed rate cut, XAU/USD extends gains on dovish guidance
Gold (XAU/USD) prices rise during the North American session after the Federal Reserve decided to cut rates as expected. At the time of writing XAU/USD trades volatile, between $4,190-$4,220 posting losses of over 0.25%.Fxstreet
Wed, Dec 10
WTI steadies ahead of Fed decision after EIA reports 1.8M barrel draw
West Texas Intermediate (WTI) Crude Oil steadies on Wednesday, trimming part of its earlier losses as traders react to the latest US Energy Information Administration (EIA) report. At the time of writing, WTI is trading around $58.00, rebounding after hitting an intraday low of $57.54.Featured Tools
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