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 FOMC
December 18, 2024
Market Insights
Dow Jones at a Crucial Point Watch for B...
March 12, 2025
Market Insights
Gold Eyes on bull Amid Key Support Level...
March 20, 2025
Market Insights
Gold hovers at 200DSMA on its 4-Hour tim...
May 14, 2025
Market Insights
Dow Jones US30 Forms a Potential Triangl...
March 06, 2025
Market Insights
Gold Price Steady Near Daily High as Saf...
May 05, 2025
Market Insights