Gold price (XAU/USD) struggles for direction as market participants eye the interest rate decision by the Federal Reserve (Fed) and further developments in the Israel-Palestine war.
Gold price looks for a direction as the focus shifts to Fed policy. A no-change interest rate decision from the Fed is widely expected but with the possibility of further rate hikes ahead. The Israeli defense forces gradually in Gaza to demolish Hamas. The near-term demand for the precious metal is bullish as Middle East tensions are seen escalating further. The Israeli military troops are gradually entering Gaza for the ground assault to root out Hamas.
The near-term appeal for the Gold price remains upbeat as Israeli defense forces prepare for a ground assault in Gaza to dismantle Palestine military troops in retaliation for airstrikes from Hamas. The IDR moves gradually in Gaza to keep hopes of the release of more than 200 hostages alive. Meanwhile, the World Gold Council reported that gold demand by Indian jewelers fell annually due to higher prices.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Gold aims for stabilization above $2,000 amid Middle East tensions, Fed policy eyedGold price (XAU/USD) delivered a moderate corrective move after printing a fresh five-month high. The precious metal slips marginally as investors tur
Lire la suite »
Futures jump as investors await Fed rate verdict; Middle East tensions eyedFutures jump as investors await Fed rate verdict; Middle East tensions eyed
Lire la suite »
Crude Oil Steadies as Markets Assess Middle East Risks Ahead of the FedThe crude oil price is struggling for direction as the uncertainty for energy supply going forward weighs on sentiment. US Dollar gyrations are also dominating markets as the Fed decision looms.
Lire la suite »
Gold Price Forecast: XAU/USD to soar on a regional escalation of the Middle East conflictGold should remain a good hedge, despite worries that rates will remain higher for longer, economists at UBS report.
Lire la suite »
Gold Price Forecast: XAU/USD dips below $2000 as Middle East conflict fears easeGold price (XAU/USD) fell below the $2000 mark late in the New York session, registering losses of 0.
Lire la suite »
Gold price edges lower on easing Middle East tensions, focus remains on FOMC meetingGold price trades with a mild negative bias for the second successive day on Tuesday.
Lire la suite »