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Gold pares losses as US Dollar eases; Fed turmoil keeps sentiment cautious
Gold (XAU/USD) pares intraday losses on Wednesday after trading defensively for most of the day, pressured by a stronger US Dollar (USD). At the time of writing, the metal trades near $3,393 during the American session, recovering from a dip to $3,373 in Asian hours as the Greenback eases and bullion finds support. Gold is trading near a fresh two-week high as buyers step back in after earlier selling pressure tied to a stronger US Dollar. The recovery reflects easing Dollar momentum and resilient demand, with sentiment underpinned by political uncertainty surrounding the Federal Reserve’s (Fed) independence and ... (full story)
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- Aug 27, 2025 12:17pm Posted byTechnical Analysis265
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