Gold (XAU/USD) price edged down over 0.35% on Friday, poised to end the week with losses of over 2.50%. An improvement in risk appetite due to easing trade tensions alongside a strong labor market report in the United States (US) prompted investors to book profits ahead of the weekend.
Gold (XAU/USD) trades around $3,262 on Friday at the time of writing and ending a three-day losing streak which preceded the bounce this Friday. The three-day correction was the sum of a whole string of headlines that all had one theme in common: easing on tariffs.
Gold price (XAU/USD) touches a fresh daily high during the early part of the European session on Friday, though the intraday move-up lacks bullish conviction and remains below the $3,260-3,265 support breakpoint.
The Gold price (XAU/USD) edges lower to a two-week low near $3,235 during the early Asian session on Friday. The easing of trade tensions between the US and its trading partners has dented the safe-haven demand, weighing on the precious metal.
Gold price tanked close to $70, or 2%, on Thursday as risk appetite improved during the North American session. Trade tensions between the United States (US) and its counterparts eased, keeping investors optimistic for the remainder of the week. At the time of writing, XAU/USD trades at $3,226.
Gold price (XAU/USD) retains its bearish bias through the first half of the European session and currently trades around the $3,232 region, just above a two-week low touched earlier this Thursday.
The Gold price (XAU/USD) extends the decline to around $3,245 during the early Asian session on Thursday. The precious metal edges lower to near two-week low amid easing US-China trade tensions as traders hope for US-China trade deal after US President Donald Trump’s comments
Gold fell some 0.69% during the North American session on Wednesday after hitting a daily high of $3,328. Data from the United States (US) revealed an economic contraction and fueled speculation for further interest rate cuts by the Federal Reserve (Fed).
Polish retail brokerage XTB reported a significant shift in its revenue composition during the first quarter of 2025, with index-based CFDs emerging as the dominant contributor while commodity and ...
Gold price (XAU/USD) is recovering from incurred losses and trades around $3,288 on Wednesday after the US Gross Domestic Product and Personal Consumption Expenditures (PCE). Bullion is facing a second day of some profit taking after United States (US) President Donald Trump signed an executive ord
Gold price (XAU/USD) struggles to lure buyers and languishes near the daily low, just above the $3,300 mark through the first half of the European session on Wednesday as signs of easing US-China trade tensions continue to undermine safe-haven assets.
The Gold price (XAU/USD) extends the decline to near $3,315 during the early Asian session on Wednesday. The precious metal edges lower amid easing trade tensions and better risk sentiment in global markets.
Gold price retreats during the North American session on Tuesday as the Greenback stages a recovery, posting modest gains amid softer US economic data and reduced safe-haven demand. At the time of writing, XAU/USD trades at $3,323, down 0.60%.
Gold price (XAU/USD) is seeing buyers and sellers being pushed towards each other as Bullion gears up for a breakout, currently trading around $3,313 at the time of writing on Tuesday.
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