Thursday , 14 November 2024
Home Forex Gold price hangs near one-month low amid bullish USD, bears await break below $2,600
Forex

Gold price hangs near one-month low amid bullish USD, bears await break below $2,600

Gold price (XAU/USD), after recording its steepest weekly decline in over five months, fell over 2% on Monday and dived to its lowest level since October 10 amid strong follow-through US Dollar (USD) buying.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

ECB accounts: It is still too early to declare victory in the fight against inflation

Disinflationary process is well on trackInflation had turned out lower than expected...

ForexLive European FX news wrap: Dollar ramps higher as post-election run continues

Headlines:The dollar train continues to march onGold eyes fifth straight day of...

Economists expect Eurozone economy to be hit by Trump tariffs early next year

37 of 44 economists expect Trump's proposed tariffs to be implemented early...

Fed’s Kugler: If disinflation progress stalls, it could call for a pause to rate cuts

Must be mindful of both sides of the mandate right nowIf labour...