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The XAU/USD gold chart today indicates that the price of the metal has exceeded USD 2,250 per ounce. Causes: → Geopolitical tensions. Military conflicts in Ukraine and the Middle East do not subside, the threat of terrorist attacks is growing, and new hot spots may appear on the world map. → Concerns about a new […]

The post Gold Price XAU/USD Sets Another All-Time High appeared first on Action Forex.

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13/09/2024

Crude Oil Slips After Brief Rally As USD Strengthens

Crude oil prices fell after initially gaining over 1.5% on Wednesday, marking the biggest rise in two weeks. Despite concerns about Tropical Storm Francine’s impact on US oil production, traders believe the storm’s effects will be short-lived due to the current oversupply in the market. The US Dollar also strengthened following a surprise rise in […]
26/06/2024

Gold Prices Under Pressure as Dollar Index (DXY), US Yields Rise

Gold continues its decline with $2300/oz firmly back in sight. US Dollar index and US 10Y yield continue to rise, US 10Y now at 4.275%. PCE inflation data could be the catalyst needed for gold prices to find some direction. Fundamental Overview Gold prices remain under pressure this morning as rising US yields and a […]
12/06/2024

Market Analysis: EUR/USD Dives While USD/JPY Continues To Rise

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