-
Gold Price Forecast: XAU/USD climbs to near $3,450 amid Israel-Iran conflict
The Gold price (XAU/USD) attracts some buyers to near $3,445 during the early Asian session on Monday. The precious metal rises to over a one-month high due to escalating Middle East tensions and rising bets of a Federal Reserve (Fed) rate cut. Investors ignored the upbeat US economic data released on Friday. Data released by the University of Michigan on Friday showed that the Consumer Sentiment Index rose to 60.5 in June versus 52.2 prior. This reading came in above the market consensus of 53.5. Renewed geopolitical concerns in the Middle East following an Israeli attack on Iran continue to underpin the Gold price, ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From pepperstone.com|Jun 15, 2025It feels premature to give on the well-subscribed ‘buy the dip’ mantra just yet, but there are clear reasons to trim back on risk exposures or to layer on portfolio hedges - ...
From forexlive.com|Jun 15, 2025|9 commentsXM has officially launched its revamped competitions platform, introducing enhanced features, new competition types, and powerful tools designed to elevate the trading experience. ...
From channelnewsasia.com|Jun 15, 2025|16 commentsFrench President Emmanuel Macron, during a visit to Greenland to offer his support to the Arctic island, said on Sunday (Jun 15) that Russia lacked the credibility to mediate the ...
-
- Newer Stories
From stats.gov.cn|Jun 15, 2025In May, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly ...
From cnbc.com|Jun 15, 2025China’s retail sales in May grew at their fastest rate since late 2023, data from National Bureau of Statistics showed Monday, in part helped by Labor Day and Dragon Boat ...
From finance.yahoo.com|Jun 15, 2025Gold (GC=F) rose toward a record high as an escalating conflict between Israel and Iran drove investors toward haven assets. The precious metal climbed as much as 0.6% in Asia to ...
- Story Stats
- Jun 15, 2025 8:10pm Posted byFundamental Analysis445
- Instrument:
