XAU/USD Gold Analysis: Recent News and Insights
Gold prices are on the rise, driven by geopolitical tensions in the Middle East, falling U.S. Treasury yields, and anticipation of Federal Reserve rate cuts. Prices are holding near the $2,400 mark, supported by favorable U.S. inflation data. The market is closely watching upcoming key economic data and the Fed's meeting, with expectations of policy changes influencing gold's appeal as a safe-haven asset. Higher-than-expected inflation in the UK and Eurozone could boost demand for gold, while U.
2024-07-30