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Gold Price Forecast: XAU/USD edges higher to near $3,750 on further Fed rate cut bets
The Gold price (XAU/USD) gains momentum to near an all-time high of around $3,750 during the early Asian session on Tuesday. Growing expectations of further US Federal Reserve (Fed) rate cuts and persistent safe-haven demand amid political uncertainty underpin the precious metal.
Fxstreet
Tue, Sep 23
Gold smashes record at $3,747 as Fed cut bets sink US Dollar
Gold price hit a fresh all-time high at $3,747 on Monday and appears poised to test higher prices as the US Dollar slumps, with traders anticipating further easing by the Federal Reserve (Fed) later this year. XAU/USD trades above $3,745, up more than 1.60%.Fxstreet
Mon, Sep 22
Gold Price Forecast: XAU/USD at fresh record highs, aims for $3,730 and $3,670
Gold bounced up from the $3,630 area on Friday and is extending gains on Monday, supported by a cautious market mood and hopes of further Fed easing. The precious metal is trading at $3,720, with the following potential targets at $3,730 and $3,760.The fundamental backdrop remains supportive.Fxstreet
Mon, Sep 22
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $62.74 per barrel, up from Friday’s close at $62.33.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $66.12.Gold Price Forecast: XAU/USD posts modest gain above $3,650 on potential Fed monetary policy easing
The Gold price (XAU/USD) posts a modest gain near $3,685 during the early Asian session on Monday. The yellow metal edges higher as the US Federal Reserve (Fed) cut the interest rates at its September meeting, as widely expected. Traders will take more cues from the Fedspeak later on Monday.Fxstreet
Mon, Sep 22
Gold rebounds above $3,670 as dip buyers step in despite firm US Dollar
Gold price reverses its course on Friday after printing back-to-back bearish session, rises over 0.69% despite overall US Dollar strength across the board. Buyers emerged near the lows of the week at around $3,630 and drove the non-yielding metal higher.Fxstreet
Fri, Sep 19
WTI extends declines as strong US Dollar and weak demand overshadow Fed rate cut
West Texas Intermediate (WTI) Crude Oil remains under pressure on Friday, extending its losing streak for the third straight day. The US benchmark has surrendered all the gains it notched earlier in the week and is now poised to end the week in negative territory.Gold steadies on Fed outlook, US Dollar strength caps gains
Gold (XAU/USD) steadies on Friday, snapping a two-day losing streak after a volatile midweek reaction to the Federal Reserve’s (Fed) interest rate decision. At the time of writing, XAU/USD is trading around $3,650 at the start of the American session.Fxstreet
Fri, Sep 19
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