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
Dow Jones Industrial Average climbs on T...
November 22, 2024
Live Charts
Gold at an inflection point as it tests...
April 28, 2025
Market Insights
US Tech 100 Tests $20,000 Support Amid B...
March 07, 2025
Market Insights
Inverted Head & Shoulders in Gold signal...
July 04, 2025
Market Insights
DAX trading on Daily Trend Line
November 25, 2024
Market Insights
Gold analysis and News
November 18, 2024
Market Insights
