Gold's Strength Driven by Geopolitical and Monetary Forces: Gold (XAU/USD) continues to gain traction, fueled by geopolitical uncertainties and evolving monetary policy expectations. Political tensions in France and South Korea have heightened its...
The currency pair has been drifting lower, hovering around the 0.8840 level during the early European session on Wednesday. This decline is primarily driven by persistent safe-haven flows, as investors remain uncertain about the outcome of the...
Hello, After a consolidation phase near $2,640, gold gains traction and rises to the $2,650 region. The benchmark 10-year US Treasury bond yield is lower following the release of weak macroeconomic data from the US, helping XAU/USD to rise higher....
The upcoming OPEC+ meeting is expected to discuss crude oil production capacity for 2025. If the current production cut policy is maintained, it could drive oil prices higher, currently ranging between $70 and $68 per barrel. However, the impact...
XAU/USD has been showing a promising bullish trend recently, with the formation of two consecutive Japanese Hammer candlesticks on Tuesday and Wednesday, signaling potential upward movement. This price action, coupled with a solid green close on...