Saturday , 23 November 2024
Home Forex Gold price attracts some buyers to a record high, rising geopolitical tensions in focus
Forex

Gold price attracts some buyers to a record high, rising geopolitical tensions in focus

The gold price (XAU/USD) gains momentum on Monday. The yellow metal hit a record high near $2,441 during the Asian session on Monday amid renewed hopes for interest rate cuts from the US Federal Reserve (Fed) and rising geopolitical tensions in the Middle East.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

CCI Histogram Volume MT5 Indicator

The world of financial markets can feel like a whirlwind of charts,...

Global Market Weekly Recap: November 18 – 22, 2024

Global markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining...

FX Weekly Recap: November 18 – 22, 2024

Major currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied...

Gold closes week above $2,700, US PCE data in Focus

Gold price rallies to a new two-week high on Friday during the...