Head Topics

Gold price climbs to a record high, rising geopolitical tensions in focus

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

Gold News

Commodities,XAUUSD,SEO

The gold price (XAU/USD) gains momentum on Monday. The yellow metal hit a record high near $2,441 during the Asian session on Monday amid renewed hopes for interest rate cuts from the US Federal Reserve (Fed) and rising geopolitical tensions in the Middle East.

Gold price gains ground after reaching a record high on Monday. The hopes for Fed rate cuts and escalating Middle East tensions boost safe-haven assets like gold. Federal Reserve officials Bostic, Barr, Waller, Jefferson, and Mester are set to speak on Monday. The gold price gains momentum on Monday.

US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the weakest against the Euro. USD EUR GBP CAD AUD JPY NZD CHF USD -0.04% 0.00% 0.00% -0.01% -0.02% 0.14% 0.03% EUR 0.03% 0.05% 0.05% 0.04% 0.03% 0.18% 0.09% GBP -0.01% -0.06% -0.01% -0.01% -0.02% 0.13% 0.03% CAD 0.00% -0.05% 0.03% 0.01% -0.01% 0.14% 0.04% AUD 0.01% -0.06% 0.01% 0.00% -0.02% 0.13% 0.04% JPY 0.02% 0.00% 0.04% 0.02% 0.01% 0.16% 0.07% NZD -0.14% -0.

Source: Loan Digest (loandigest.net)

Commodities XAUUSD SEO Macroeconomics

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

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 gains ground above $2,400, eyes on FedspeakGold price (XAU/USD) gathers strength around $2,415 during the early Asian session on Monday.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold price trades on a negative note, eyes on FedspeakGold price (XAU/USD) loses its recovery momentum on Monday during the Asian session.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold price rebounds on downbeat NFP data, softer US DollarGold price (XAU/USD) snaps the two-day losing streak during the Asian session on Monday.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Price Forecast: XAU/USD eyes $2,450 and Fedspeak for a sustained uptrendGold price is off a new lifetime high at $2,441 but looks to extend Friday’s upswing at the start of the week on Monday.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Price Forecast: XAU/USD aims to retest the $2,400 areaGold trades with a soft tone on Thursday, hovering around the $2,380 level at the time being after peaking earlier in the day at $2,397.34.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Gold Price Outlook: XAU/USD Prices Rise on Renewed Rate Cut HopesThe Fed may be breathing a little easier after yesterday’s moderately cooler inflation print which has brought two Fed rate cuts back on table, buoying gold
Source: DailyFX - 🏆 305. / 63 Read more »