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Gold Analysis: Eyes $3500 Amid Global Tensions
Gold bulls have resumed their push to record highs, with the XAU/USD price index climbing to the resistance level of $3,438 per ounce before settling around $3,388 per ounce at the time of writing. During yesterday's trading session alone, across gold trading platforms, gold futures prices rose by more than 3% ahead of the May Federal Reserve meeting. Overall, gold prices have seen a sharp rise this year amid tariff turmoil in financial markets. Don't forget, dear reader, that gold prices have risen by 30% this year. Similarly, silver prices, gold's sister commodity, rose by about 3% yesterday, with gains reaching ... (full story)
