Gold price (XAU/USD) maintains its bid tone through the first half of the European session on Tuesday and currently trades around the $3,230 area, well within striking distance of the all-time peak touched the previous day.
Gold price started the week with a small bearish gap but managed to regain its traction during the Asian trading hours. After touching a new record-high of $3,245, XAU/USD entered a consolidation phase and declined toward $3,200.
Gold staged a strong V-shaped recovery after an early April pullback, holding key support near $3135. Despite overbought signals, momentum remains intact, with eyes now on the next upside targets at $3290 and $3345/3370, Société Générale's FX analysts note.
Recent reports suggest that Chinese gold exchange-traded funds (ETF) inflows reached a fresh daily record late last week. Investors continue to rush towards the yellow metal amid intensifying trade tensions.
Bearish below: 3,252, and bullish above 3,254.5 - not less importantly, see the partial profits to consider. They may help you follow the market, in any case, as a decision support tool for your gold futures trading today.
Gold price (XAU/USD) retreats after touching a fresh record high earlier this Monday and trades with a mild negative bias around the $3,220 area during the first half of the European session.
Gold's price rally extended for the third straight day on Friday with the yellow metal hitting a new all-time high of $3,245. Gains of over 2% were posted amid the escalation of the trade war between the US and China and its impact on the global economy.
The March data on gold ETFs published by the World Gold Council this week showed a continued high buying interest among ETF investors, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold price (XAU/USD) gathered bullish momentum and reached a new record-peak at $3,237 in European trading on Friday, boosted by the intensifying US-China trade war, before retreating to the $3,220 region.
Gold price (XAU/USD) keeps its range close to fresh all-time highs near $3,220 in early Europe on Friday. The US Dollar (USD) downward spiral and escalating trade war between the United States (US) and China continue to underpin the safe-haven appeal of Gold price.
The bright metal soared on Thursday, hitting a fresh all-time high of $3,175.00 a troy ounce during American trading hours. The US Dollar (USD) plummeted on headlines indicating the trade war unleashed by US President Donald Trump is far from over.
Gold rose back above 3100, from under 3000 overnight as earlier sell-off dissipated. XAU/USD was last at 3123 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Gold price (XAU/USD) is printing a stellar return on Thursday, moving around $3,120 at the time of writing. Since Tuesday morning, the precious metal has rallied nearly 5.00%.
Deepening US-China trade war continues to bolster the haven demand for Gold price in India on Thursday, even though the global stocks rebound on US President Donald Trump's "90-day pause" on reciprocal tariffs for all other countries.
Gold price (XAU/USD) retreats after touching a fresh weekly high during the early European session on Thursday, though it sticks to positive bias for the second straight day and holds above the $3,100 mark.
The Gold price (XAU/USD) edges higher to around $3,080 during the early Asian session on Thursday. The safe-haven demand amid escalating trade tensions between the United States and China provides some support to the precious metal.
Gold price (XAU/USD) bounces higher and recovers to $3,045 at the time of writing on Wednesday after United States (US) President Donald Trump’s tariffs came into effect.
US President Donald Trump's global reciprocal kick in on Wednesday, fuelling a fresh risk-aversion wave across the financial markets, spiking up the demand for the traditional safe haven Gold.
Gold price (XAU/USD) sticks to its strong intraday gains through the first half of the European session and currently trades just above the $3,050 level, or the top end of the weekly range.
Gold price snaps three days of losses, consolidates below the $3,000 figure as US Treasury yields rise, making the non-yielding metal less appealing for investors. Even though there are hopes of trade deals between partners, the “trade war” between the US and China makes investors uneasy.
The Gold price was unable to escape the sell-off on the commodity and financial markets and also fell significantly, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold price (XAU/USD) pops while Equities run higher after their nosedive move on Monday and past Friday. The precious metal trades just above the $3,000 mark at the time of writing on Tuesday. The bounce is supported by a technical element on the one hand and a geopolitical driver on the other.
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