Spot Gold Archives

Gold Market Reaction: XAU/USD Dips Below $2,500 Amid US Dollar Recovery

Last Updated On September 2, 2024 4:56 AM by Market Investor

Introduction In the latest market developments, gold (XAU/USD) has experienced a noteworthy dip below the $2,500 mark, primarily driven by the resurgence of the US Dollar (USD). The week began on a relatively quiet note for the financial markets; however, the strengthening of the USD has significantly impacted gold prices, leading to an important shift …

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Last Updated On August 11, 2024 9:02 AM by MCXFAYADACFA

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Last Updated On April 3, 2024 3:04 PM by MCXFAYADACFA

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Last Updated On January 4, 2024 10:07 AM by MCXFAYADACFA

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Last Updated On December 13, 2023 9:38 AM by MCXFAYADACFA

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Last Updated On November 29, 2023 11:57 AM by MCXFAYADACFA

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Last Updated On November 29, 2023 11:59 AM by MCXFAYADACFA

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Last Updated On October 20, 2023 5:52 PM by MCXFAYADACFA

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XAU/USD (Gold) Hits $1950/oz on Risk Aversion as Middle East Tensions Intensify

Last Updated On October 20, 2023 5:50 PM by Disha Mishra

Gold extended its gains throughout the day today in light of increased risk aversion from market participants. The rise of the risk-off environment today comes courtesy of an explosion of a hospital in Gaza last night which saw both Israel and Palestine trade blame for the atrocity. The impact and fallout spurred renewed concern of a wider conflict which helped Gold accelerate toward the $1950/oz handle.

Gold Prices Bounce Likely Short-Lived As US Rates, China Import Move Both Weigh

September 30, 2023 11:48 AM by Sagar Dua

Gold Prices managed a little bounce in Friday’s European trade but remain on course for their worst monthly showing since February of this year as a range of fundamental and technical factors make life very tough for the bulls.