Gold Struggles Near Daily Low as US Dollar Strengthens on Fed Bets
Gold prices stayed under pressure during the first half of the European trading session on Tuesday staying below the key $4,580 resistance level after failing to hold earlier gains. A stronger US Dollar supported by rising geopolitical tensions and growing expectations of a hawkish stance from the US Federal Reserve (Fed) continued to weigh on […]
Gold stays near late March lows as strong US dollar and Geopolitical tensions pressure Prices
Gold (XAU/USD) stayed under pressure during the Asian trading session trading near the $4,470 level after touching its lowest point since March 30 earlier on Wednesday. A powerful US Dollar continues to weigh on Gold prices as investors remain careful about the ongoing US-Iran status and the outlook for US interest rates. Market sentiment remains […]