In Thursday's session, the XAU/USD Gold Spot price gained limited momentum, jumping to $1,985, benefited by lower US yields and a weaker US Dollar following Wednesday's Federal Reserve (Fed) decision.
XAU/USD advanced slightly to $1,985, seeing 0.15% gains. Short-term US Treasury yields are weak, near monthly lows. Eyes on Friday's Nonfarm Payrolls. In Thursday's session, the XAU/USD Gold Spot price gained limited momentum, jumping to $1,985,benefited by lower US yields and a weakerUS Dollar following Wednesday's Federal Reserve decision.
It is worth noticing that a hot reading may revive the hawkish bets on the Fed as despite welcoming the recent data which showed a cooling in the sector, the bank clarified that it is ready to adjust further in case needed. XAU/USD Levels to watch The technical analysis of the daily chart points to a neutral to bullish outlook for XAU/USD, indicating a decline in bullish strength as the metal seems to be correcting overbought conditions after hitting $2,000 last week.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Gold Price Forecast: XAU/USD loses momentum below $2,000, focus on Fed rate decisionGold price (XAU/USD) loses traction during the early Asian trading hours on Wednesday.
Leer más »
Gold Price Forecast: XAU/USD down but not out, awaits US jobs data and FedGold price Is on its corrective decline for the third consecutive early on Wednesday, having failed once again to resist above the $2,000 mark.
Leer más »
Gold Price Forecast: XAU/USD declines after the Fed held rates steadyIn Wednesday’s session, the Gold Spot price declined towards $1,980, seeing 0.
Leer más »
Gold Price Forecast: XAU/USD extends its weekly slideSpot Gold hovers around $1,980 a troy ounce, reverting an early spike to $1,992.
Leer más »
Gold Price Forecast: XAU/USD stages a modest recovery above $1,980 after Fed rate pauseGold price (XAU/USD) stages a modest recovery during the early Asian session on Thursday.
Leer más »
Gold Price Forecast: XAU/USD buyers look to $2,000 and US Nonfarm PayrollsGold price is finding its feet to attempt another run to the $2,000 threshold early Thursday, as the United States Dollar (USD) and US Treasury bond yields lick their wounds following a non-committal US Federal Reserve (Fed) interest rate outlook and mixed US economic data.
Leer más »