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Gold price tests resistance while US yields sprint higher
Gold’s price (XAU/USD) edges higher for the second consecutive day and trades around $2,655 on Wednesday after the Institute of Supply Management (ISM) revealed on Tuesday that the prices paid component in the Services sector is turning red hot.
Fxstreet
Jan 8, 2025
Metals: Market is weighing the outlook for the year – ING
Industrial metals have had a muted start to 2025 with the market weighing the outlook for the year amid geopolitical tensions, the uncertain path for China’s economic recovery and rising protectionism, ING’s commodity analyst Ewa Manthey and Warren Patterson note.Fxstreet
Jan 8, 2025
Gold price consolidates around $2,650 area as traders await FOMC Minutes
Gold price (XAU/USD) stabilizes following the previous day's late pullback from the $2,665 hurdle as traders opt to move to the sidelines ahead of Wednesday's release of the FOMC Minutes later during the US session.Fxstreet
Jan 8, 2025
Gold price consolidates amid expectations about US tariff plans
Gold’s price (XAU/USD) is hardly moving and remains stuck at around $2,640 on Tuesday. Markets are on edge over the recent string of comments and headlines about the US tariff plans that President-elect Donald Trump wants to impose.Fxstreet
Jan 7, 2025
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