Gold price (XAU/USD) remains under pressure in the early European trading session on Wednesday. The precious metal is struggling below the $4,150 level after falling close to the $4,100 area in the previous session.
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Gold Price Slips as US PCE Inflation Keeps Fed Rate Hike Bets in Check
Gold (XAU/USD) trades around $4,620 on Wednesday at the time of writing, down 0.83% on the day. Bearish pressure on the precious metal strengthens modestly following the release of the Federal Reserve’s (Fed) preferred inflation gauge, although the data do little to alter market expectations for the central bank’s September meeting.
Gold Consolidates as US-Iran Tensions and Hawkish Fed Outlook Limit Price Gains
Gold (XAU/USD) trims gains after opening the week with a bullish gap as buyers lack conviction amid conflicting US-Iran headlines and caution ahead of key US employment data. At the time of writing, XAU/USD trades around $4,036, easing from an intraday high of $4,084.
Why Gold Price Dropped Today: War Fears & Crude Oil Impact
Find out why spot gold prices dropped sharply today after hitting a 2-week high. Learn how the Middle East conflict and rising Brent Crude affect gold in India.
सोने की कीमत पर महंगाई का असर: क्या गोल्ड $4,400 तक जाएगा या $3,900 तक गिरेगा?
इस समय सोने का बाजार बेहद अहम दौर से गुजर रहा है। दुनियाभर के निवेशक सिर्फ सोने की कीमत नहीं देख रहे हैं, बल्कि उन आर्थिक संकेतों पर भी नजर बनाए हुए हैं जो आगे बाजार की दिशा तय करेंगे।