Gold Price Forecast: XAU/USD Hesitates Around $4,700 with Geopolitics, Central Banks Eyed

Gold rebounds as Iran-US deal hopes drive upside

Gold (XAU/USD) price recovers some ground on Friday, extending its gains above $4,700 as market sentiment remains upbeat amid headlines from Iran and the US pointing to a resumption of second-round talks aimed at ending the conflict. At the time of writing XAU/USD trades at $4,726, up 0.47%. Bullion firms as softer Dollar and lower yields fuel rebound anew Middle East headlines kept investors optimistic about a diplomatic end to the war. However…

Gold Price Forecast: XAU/USD hesitates around $4,700 with geopolitics, central banks eyed

The post Gold Price Forecast: XAU/USD hesitates around $4,700 with geopolitics, central banks eyed appeared on BitcoinEthereumNews.com. Gold’s (XAU/USD) has opened the week in the same cautious mood that ended the last one. The precious metal keeps hovering within a tight range around $4,700 at the time of writing, with doji candles on the daily chart highlighting an indecisive market. The US Dollar Index (DXY), which tracks the performance of t…

Gold and Silver Analysis: Precious Metals Await Breakout as Fed Risks Loom

Gold and silver remain in consolidation as Fed risks, oil prices, the U.S. dollar, and U.S.-Iran tensions keep precious metals waiting for the next major breakout.

Gold & Silver outlook: Selling pressure looms amid US-Iran talks, Fed Policy

New Delhi: Analysts are of the view that Gold and Silver are expected to face some selling pressure this week as traders would keep a close watch on peace talks between the US and Iran, crude oil prices and the US Federal Reserve’s policy decision. The commodity markets in India would observe a holiday on Friday on account of Maharashtra Day. “Focus in the coming week will remain on the progress in peace talks between the US and Iran, and their …

Gold prices set for weekly loss as oil, dollar rise amid high US-Iran tensions

WASHINGTON: Gold prices inched up on Friday, helped by a weaker dollar, after the U.S. and Iran signaled that they were going to meet for a second round of talks in Pakistan. However, the yellow metal was on track for a weekly decline, as soaring oil prices fanned worries of an energy-fueled inflationary shock and higher-for-longer interest rates. Spot gold added 0.3% to settle at $4,710.57/oz, while gold futures settled a smidge higher at $4,72…