Gold price is sitting at the highest level since July near $1,980, sustaining its ongoing bullish momentum early Friday. Gold price continues to capit
Gold price sits at three-month highs near $1,980 early Friday, targeting $2,000. US Dollar finds demand amid Middle East tensions-led risk-off mood. US Treasury bond yields retreat. Gold price has more room to the upside, peeping into the overbought conditions. alize on escalating geopolitical tensions between Gaza and Israel, shrugging off the relentless upsurge in the US Treasury bond yields.
The traditional safe-haven, Gold price, caught a massive bid on these headlines and stormed through key barriers, gaining more than $30 on Thursday to settle near $1,975. At the time of writing, Gold price is trading firmer, testing multi-month highs amid heightened risk of a probable Israel invasion of Gaza, with fears of geopolitical tensions spreading into other Middle East regions.
Malaysia Latest News, Malaysia 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 moves upward toward $1,950 on Middle-East conflictGold price continues to gain ground, trading higher around $1,940 per troy ounce during the Asian session on Wednesday. The rising geopolitical tensio
Read more »
Gold Price Forecast: XAU/USD awaits acceptance above $1,950, as uptrend resumesGold price is retreating from a new four-week high of $1,943 but clings to the latest gains amid a broadly subdued US Dollar and a pullback in the US
Read more »
Gold Price Forecast: XAU/USD trades around $1,950 as risk aversion intensifiesGold price resumed its rally amid escalating Middle East tensions, reaching a fresh two-month high of $1,962.62 a troy ounce. XAU/USD holds on to int
Read more »
Gold Price Forecast: XAU/USD taps $1,960 in Wednesday safe haven bidsGold bids accelerated recent gains, climbing into the $1,960 handle as tensions over the Gaza Strip conflict and a hamstrung US Congress lacking a Spe
Read more »
Gold Price Forecast: XAU/USD surges to 1,950 amid rising geopolitical tensions, cautious moodGold price (XAU/USD) hovers around $1,950 after retreating from the two-month highs of 1,962 during the early Asian trading hours on Thursday. The ral
Read more »