Gold price (XAU/USD) gathers strength on Monday. The softer US Dollar (USD) and the renewed escalating geopolitical tensions in the Middle East provide some support to the yellow metal.
Gold price gains ground in Monday’s Asian session. The uptick in yellow metal is supported by the weaker USD and rising Middle East geopolitical risks. The speeches from the Fed's Bowman, Mester and Kashkari on Tuesday will be closely watched. Gold price gathers strength on Monday. The softer US Dollar and the renewed escalating geopolitical tensions in the Middle East provide some support to the yellow metal.
A break below this level will see a drop to the lower limit of the Bollinger Band at $2,267. The next potential contention level is seen at the 100-day EMA of $2,220. US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the strongest against the Swiss Franc. USD EUR GBP CAD AUD JPY NZD CHF USD -0.03% -0.05% -0.02% -0.14% -0.08% -0.10% 0.00% EUR 0.03% -0.02% 0.00% -0.11% -0.04% -0.07% 0.03% GBP 0.05% 0.01% 0.02% -0.
Commodities SEO Macroeconomics XAUUSD
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold Price Forecast: XAU/USD plummets amid Harmony Gold newsHarmony Gold, the largest gold mining company in SA interrupted blasting operations after a fatal accident.
Read more »
Top U.N. court orders Israel to halt military operation in Rafah; Israel is unlikely to complyThe top United Nations court ordered Israel on Friday to immediately halt its military operations in the southern Gaza city of Rafah. While Israel is unlikely to comply with any such order, it will ratchet up the pressure on the increasingly isolated country.
Read more »
Top UN court orders Israel to halt military offensive in Rafah; Israel unlikely to complyCriticism of Israel’s conduct in the war in Gaza has been growing, particularly once it turned its focus to Rafah.
Read more »
Top U.N. court orders Israel to halt military operation in Rafah; Israel is unlikely to complyThe top United Nations court ordered Israel to halt military operations in the southern Gaza city of Rafah but did not order a full cease-fire.
Read more »
Top UN court orders Israel to halt military operation in Rafah; Israel is unlikely to complyWhile the International Court of Justice has broad powers to order an end to the Israeli military campaign, it does not have a police force to enforce its orders.
Read more »
Top UN court orders Israel to halt military operation in Rafah; Israel is unlikely to complyThe top United Nations court has ordered Israel to immediately halt its military operations in the southern Gaza city of Rafah — but stopped short of ordering a full cease-fire. While Israel …
Read more »