Gold Price Edges Higher as US Dollar Softens Amid Geopolitical Tensions
Facebook LinkedIn Gold prices (XAU/USD) rose on Tuesday, bouncing off two-week lows of $2,325, driven by a weaker US Dollar and safe-haven demand amid ongoing geopolitical tensions in the Middle East. Despite higher short-term Treasury yields fueled by hawkish Federal Reserve minutes and stronger US economic data, the Gold price remained buoyant as traders awaited […]
Fed Officials Refrain from Commenting on Interest Rate Outlook Amid Market Uncertainty
Facebook LinkedIn Federal Reserve policymakers are set to make scheduled appearances on Tuesday as markets fully return, with significant anticipation surrounding the upcoming release of the US Personal Consumption Expenditures (PCE) inflation data later this week. The US Dollar has experienced moderate selling pressure so far this week, continuing Friday’s downward trend, spurred by an […]