-
Gold Price Forecast: XAU/USD rebound battles $1,800 amid coronavirus woes
Gold (XAU/USD) benefits from the COVID-19 fears to post the biggest daily gains in over a week, up 0.50% on a day around $1,799 during early Friday. Given the quick spread of the virus variant and immunity against the vaccines, the global traders register broad fears from the covid version at the time when Eurozone is already struggling with the coronavirus wave four. Highlighting the same, the World Health Organization (WHO) and the UK Health Security Agency (UKHSA) call for special meetings to discuss the virus-led challenges on hand. It’s worth noting that the fears of the Fed’s monetary policy tightening at ... (full story)