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XAU/USD at Two-week high ahead of US Fed Rate Meeting
XAU/USD Price Forecast, 19 September 2023: Spot Gold (XAU/USD) prices hit a two-week high on Tuesday as the U.S. dollar eased from a six-month peak ahead of the start of the Federal Reserve’s policy meeting later in the day, with markets braced for a new set of economic forecasts from the central bank.
Spot Gold Forecast And Update, 12 September 2023
Spot Gold Forecast And Update, 12 September 2023: सोने में अल्पावधि में थोड़े तेजी के पूर्वाग्रह की ओर इशारा करता है, और एक सप्ताह का औसत लक्ष्य $1,942 पर संरेखित होता है। एक महीने का दृष्टिकोण अत्यधिक आशावादी बना हुआ है, सर्वेक्षण में भाग लेने वाले कई विशेषज्ञों ने उस समय सीमा के अन्दर में सोने को $1,985 या उससे अधिक तक बढ़ते हुए देखा है।
Gold posted its biggest one-day loss since Aug 1 on Tuesday
Why gold fell today? 06 September 2023: Gold prices extended losses on Wednesday to hit a one-week low, as U.S. Treasury yields and the dollar held near the previous session’s highs on expectations that interest rates will stay elevated for some time.
Gold may extend bearish below $1927
Gold price is trading on the back foot below $1,950 early Tuesday, although remains within Friday’s trading range. The United States Dollar (USD) has entered a phase of bullish consolidation amid higher US Treasury bond yields and ahead of mid-tier US economic data.
Gold Holds Gains on Fed Pause Bets
Gold Price Today, 04 September 2023: Gold (Yellow Metal) held above $1,940 an ounce on Monday, hovering near its strongest levels in a month as signs of cooling in the US economy raised hopes that the Federal Reserve is done hiking interest rates this year.
Gold prices climb towards 1-month peak on Fed pause bets
Gold prices climbed on Monday towards a one-month peak scaled in the previous session, supported by a slight pullback in the dollar and prospects that the U.S. Federal Reserve would take a pause from interest rate hikes this year.