GOLD OUTLOOK & ANALYSIS Declining real yields and souring risk sentiment supports gold. Fed speakers to come later today as markets mull over Powell speech. Can overbought XAU/USD push higher? Elevate your trading skills and gain a competitive edge. Get your hands on the Gold Q4 outlook today for exclusive insights into key market catalysts
Share: Gold price scales higher for the second straight day and climbs to over a one-week high on Monday. Escalating geopolitical tensions in the Middle East provide a strong lift to the safe-haven XAU/USD. Hawkish Fed expectations, elevated US bond yields underpin the USD and cap gains for the metal. Gold price (XAU/USD)
© Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The safe-haven dollar and Japanese yen edged higher on Monday as violence in the Middle East spooked markets, while a blowout U.S. jobs report gave
USD/JPY News and Analysis Japanese inflation prints inline, but stickier prices remain elevated USD/JPY momentum stalls on developing safe-haven switch Japanese data is scarce but markets look ahead to Jackson Hole event The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education