Gold Price Forecast: XAU/USD retreats from two-week high, still well bid around $1,725 area – by hareshmenghani Gold Commodities Fed Inflation XAUUSD
n session. The XAU/USD, however, manages to hold in the positive territory for the second straight day and remains at the mercy of the USD price dynamics.
Adding to this, the prospects for a more aggressive policy tightening by major central banks force the non-yielding gold to retreat from the daily peak. That said, retreating US Treasury bond yields weighs on the USD. This, along with growing recession fears, amid economic headwinds stemming from COVID-19 curbs in China and the protracted Russia-Ukraine war, continues to lend some support to the safe-haven XAU/USD.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Going gold for Childhood Cancer Awareness Month9-year-old Mia Perez is battling leukemia, but she wants to help other kids by turning all of San Antonio gold in support.
Baca lebih lajut »
Gold, silver climb as dollar falls to 2-week lowGold is trading at its highest level in two weeks, while silver has reached its strongest level in a month.
Baca lebih lajut »
What is a gold-backed token and how does it work?If you love gold and crypto, this may be the holy grail. Gold-backed tokens are getting increasingly popular as a more accessible alternative to investing in physical gold.
Baca lebih lajut »
Saquon Barkley played like a ‘gold jacket guy’ — and that’s the best Giants news | PolitiSaquon Barkley rushed for 164 yards on 18 carries in the New York Giants' 21-20 victory over the Tennessee Titans to open the 2022 season.
Baca lebih lajut »
Gold Price Forecast: XAU/USD sees a downside towards $1,700 on lower consensus for US InflationGold Price Forecast: XAU/USD sees a downside towards $1,700 on lower consensus for US Inflation – by Sagar_Dua24 Gold XAUUSD DollarIndex Fed Inflation
Baca lebih lajut »
Gold Price Forecast: XAU/USD needs acceptance above $1,730-$1734 to regain tractionGold price turns south after Friday’s rebound. XAU/USD could regain traction on a sustained move above $1,730-$1734, FXStreet’s Dhwani Mehta reports.
Baca lebih lajut »