Gold Price Analysis: XAU/USD fails to hold $2,080, slips back on US data concerns

BY admin admin

XAU/USD fell short of the $2,080 price level, reversing course and slipping back towards $2,050 as risk appetite soured on continuing misses in US economic data.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

AUD/USD Remains Near 0.6050

<p>The Australian Dollar declined by 88 pips or 1.45% in value against the US Dollar on Friday. The currency pair was pressured lower by the 50– hour simple moving average during Friday’s

Forex

UK's Sunak: Furlough scheme not sustainable indefinitely

Comments by UK finance minister, Rishi Sunak – We are past the acute phase of the crisis – Furlough scheme will last for up to eight months – We cannot protect every job despite unpr

Forex

Argentina Consumer Price Index (MoM) above expectations (11.9%) in July: Actual (12.3%)

Argentina Consumer Price Index (MoM) above expectations (11.9%) in July: Actual (12.3%)

Copyright © 2024 | WordPress Theme: Xews Lite