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

Gold price languishes near daily low ami...

November 11, 2024

Market Insights

DOW JONES making a Wedge in 1HR

February 12, 2025

Market Insights

Gold hovers at one-month low on fading M...

June 30, 2025

Market Insights

NASDAQ 100 Trades Within Descending Chan...

August 18, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window