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Gold Price Forecast: XAU/USD drifts higher to near $3,350 on rising Fed rate cut bets
The Gold price (XAU/USD) gains ground to near $3,350 during the early Asian session on Wednesday. The precious metal rebounds after bouncing off multi-day troughs around $3,330 amid the likelihood of a Federal Reserve (Fed) rate cut in September.Fxstreet
Aug 13, 2025
Gold rallies as US CPI is mixed, while Trump remarks fuel rate cut bets
Gold price recovered some ground on Tuesday, climbing 0.20% following the release of July’s inflation print in the United States (US). Although prices had risen, Bullion’s was supported by US President Donald Trump's remarks threatening the Federal Reserve’s (Fed) independence.Fxstreet
Aug 12, 2025
Gold steadies near $3,350 as traders await US inflation data
Gold (XAU/USD) steadies on Tuesday after slipping to a one-week low on the previous day. At the time of writing, the precious metal is consolidating near $3,345 during European trading hours, with investors awaiting the release of the US inflation data at 12:30 GMT for fresh monetary policy cues.Fxstreet
Aug 12, 2025
Gold Price Forecast: XAU/USD reversal from $3,400 found support at $3,340
Gold (XAU/USD) reversal from the $3,400 area has been contained at a strong support area between $3,335 and $3,345, where the pair was contained on August 4 and 5, which is also coincident with the 50% Fibonacci retracement of the early August rally.The pair is trading sideways without a clear biasFxstreet
Aug 12, 2025
Supply concerns on the Copper market ease – Commerzbank
The Copper price fell slightly at the beginning of the week after the world's largest Copper mine producer announced that operations at one of its mines in Chile affected by an earthquake could largely resume, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Fxstreet
Aug 12, 2025
Oil prices under pressure ahead of Trump-Putin meeting – Commerzbank
Oil prices last week recorded their sharpest weekly declines since the end of June. At the same time, they fell to their lowest levels in two months. Brent is down 7% compared to the beginning of the month, WTI 7.5%.Fxstreet
Aug 12, 2025
WTI Oil prices consolidate around $63.50 ahead of the Putin-Trump meeting
Crude Oil prices are trading sideways, within a tight range around $63.50 on Tuesday, consolidating gains after having bounced from two-month lows near $62.00 on Monday. Upside attempts, however, remain limited ahead of the meeting between Trump and Putin later on the week.Trump "Clarifies" Zero Gold Tariff Stance; Prices Suffer Biggest 3-Month Drop
TradingKey - On August 11, Trump posted a clear statement on his social media platform declaring "Gold will not be taxed," ending market concerns over potential gold tariffs and triggering a sharp price decline—the largest single-day drop in nearly three months.TradingKey
Aug 12, 2025
WTI recovers above $63.00 as Russia shrugs off US deadline to avoid sanctions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.35 during the early Asian trading hours on Tuesday. The WTI recovers some lost ground as Russia ignores the US deadline to end its war with Ukraine.Featured Tools
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