Tuesday , 24 September 2024
Home Forex Gold price refreshes all-time peak amid bets for more Fed rate cuts, geopolitical risks
Forex

Gold price refreshes all-time peak amid bets for more Fed rate cuts, geopolitical risks

Gold price (XAU/USD) extends its consolidative price move for the second straight day on Tuesday as bulls turn cautious after the recent rise to a fresh all-time peak touched the previous day amid slightly overbought conditions on the daily chart.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Forex Today: US Dollar holds ground amid China optimism, Mideast concerns

Here is what you need to know on Tuesday, September 24: Risk...

Eurostoxx futures +0.6% in early European trading

German DAX futures +0.5%UK FTSE futures +0.4%This follows up on the gains...

RBA’s Bullock: Rates are to remain on hold for the time being

Did not explicitly consider a rate hike at this meetingFormat of discussion...

BOJ governor Ueda says must conduct monetary policy in timely, appropriate fashion

But without a pre-set schedule and taking into account various uncertaintiesAppropriate to...