Gold Price Steadies Near One-Week High But Risk-On Sentiment Caps Upside Ahead of US NFP Data

Gold (XAU/USD) remains stable near $2,907, struggling to gain bullish momentum as investors weigh Federal Reserve rate cut bets, trade war fears, and a weaker US Dollar (USD) against a positive risk sentiment in the markets. The upcoming US Non-Farm Payrolls (NFP) report on Friday is expected to be a key catalyst for Gold's next major move.

Recent News

Maddy

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window