Gold (XAU/USD) trades choppy during Monday’s session as market participants now expect the Federal Reserve (Fed) will keep rates unchanged at the December meeting, while they also wait for the release of the first tranche of US economic data this week.
Federal Reserve
Fed’s Kashkari Warns: US Inflation Still Too High at 3%, Rate Cuts Unlikely Soon
Federal Reserve Bank of Minneapolis President Neel Kashkari gave a speech at the Opportunity & Inclusive Growth Institute’s Research Conference hosted by the Federal Reserve (Fed) Bank of Minneapolis on Thursday, in which he talked about the labor market and inflation.
Gold Prices Surge to Three-Week High as Dovish Fed Outlook Outweighs US Government Reopening Optimism
Gold Prices Today: Gold (XAU/USD) reverses a modest Asian session dip and climbs to an over three-week high, around the $4,213 region, on Thursday. Investors seem convinced that the delayed US macro data will show some weakness in the economy amid a prolonged US government shutdown and prompt the US Federal Reserve (Fed) to lower borrowing costs further in December. The outlook fails to assist the US Dollar (USD) in attracting any meaningful buyers and should continue to offer some support to the non-yielding yellow metal.
Gold Price Forecast: XAU/USD Eyes $4,150 Rally as Weak ADP Jobs Data Boosts Bullish Momentum
Gold Price Forecast: Gold price (XAU/USD) continued to rise and touched around $4,140 during early Asian trading on Wednesday. The yellow metal gained strength as traders increased their bets that the US Federal Reserve (Fed) could cut interest rates by the end of this year.
Gold Price Today: Gold Holds Near $4,110 as Markets Await Key US Funding Bill Vote
Gold Price Today: Gold rates remains flat on Tuesday after reaching a three-week high of $4,148, but at the time of writing trades at around $4,110 amid a US government reopening looming as the Senate passes the stopgap funding bill, now on its way to the House of Representatives.
Fed Cuts Interest Rates by 25 Basis Points — Powell Signals More Moves Ahead
The Federal Reserve has reduced its key interest rate by 25 basis points, marking the first rate cut of 2025. Markets react as Chair Jerome Powell hints at future policy adjustments to support economic growth.
US Treasury Yields Slip as Traders Stay Firm on Fed Rate Cut Expectations
US Treasuries fell as investors maintained strong bets that the Federal Reserve will cut interest rates soon, signaling confidence in easing policy ahead.