Spot Gold trades around $1,923 a troy ounce, recovering the ground lost on Monday and posting a fresh weekly high of $1,9131.57, still below last wee
XAU/USD Current price: $1,923.82 Signs of easing global inflation underpinned the market mood on Tuesday. Upbeat United States data pushed Wall Street to fresh weekly highs. XAU/USD maintains its bullish stance but still needs to surpass $1,932.60. k’s peak. The US Dollar turned lower during American trading hours as upbeat United States data boosted the mood. Wall Street shrugged off the negative tone of its European counterparts and extended Monday’s rally amid encouraging earnings reports.
6%, decreasing from 6% in Q2 and below the 5.9% anticipated by market participants. Also, Canada informed that the CPI declined 0.1% MoM in September and hit 3.8% YoY, easing from the previous 4%. The United Kingdom will post an inflation update on Wednesday. XAU/USD short-term technical outlook The daily chart for XAU/USD shows the risk skews to the upside, although the pair needs to clear $1,932.60, last week’s high.
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 buyers stay hopeful whilst above the $1,900 markGold price is trading on the back foot early Tuesday, having opened below the key $1,923 resistance level. Despite the renewed weakness in Gold price,
Leer más »
Gold Price Forecast: XAU/USD loses ground below $1,920, US Retail Sales, Chinese data eyedGold price (XAU/USD) trades in negative territory for the second consecutive day during the early Asian session on Tuesday. Market participants shrug
Leer más »
Gold Price Forecast: XAU/USD to remain supported even if geopolitical tension subsidesGold prices jumped 6% in the past week, primarily due to the Israel-Hamas war. Economists at ANZ Bank analyze the yellow metal’s outlook. The Israel-H
Leer más »
Gold Price Forecast: XAU/USD gets rejected by the 200-day SMA, US yields riseAt the beginning of the week, the XAU/USD retreated towards $1,920 and consolidated Friday’s rally, which saw the spot price rising by more than 3%. M
Leer más »
Gold Price Forecast: XAU/USD recovers from near $1,900 holds near recent highsSpot Gold gapped lower at the weekly opening, retreating from a multi-week high of $1,932.61 a troy ounce to trade as low as $1,908.19 on Monday. Fin
Leer más »