Gold Rebounds to $2,600 as Dollar Softens and Fed Uncertainty Looms
Gold rebounded near $2,600 per ounce on Monday after last week's sharp drop, as the US dollar rally lost steam. Strong US retail sales in October highlighted economic resilience, while mixed Fed comments kept rate cut uncertainty alive. Markets now price a 65% chance of a December 25bps rate cut, supporting gold's recovery. Key levels to watch: $2,628 (resistance) and $2,536 (support).
Recent News
Gold Slips to One-Month Low Amid Strong...
November 12, 2024
Live Charts
DOW JONES ANALYSIS
November 15, 2024
Live Charts
US Tech 100 Pushes Higher Key Support Ho...
June 26, 2025
Market Insights
Dow Jones Forms Bullish Flag Key Levels...
March 10, 2025
Market Insights
Gold holds steady below one-week high; b...
July 02, 2025
Market Insights
Tech Index Eyes Breakout Bullish Flag Fo...
March 10, 2025
Market Insights
