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Gold Price Forecast: XAU/USD rallies further to near $4,050, ignores upbeat US Dollar
Gold price (XAU/USD) extends its rally to near $4,050.00 during the European trading session on Wednesday. The precious metal continues to move higher as deepening political crisis in France and the United States (US) government shutdown have increased the demand of safe-haven assets, such as Gold. French political crisis prompted after Prime Minister Sebastien Lecornu announced a sudden resignation after appointing new cabinet. Meanwhile, US President Donald Trump threatened on Tuesday that the White House would cut spending programs as the government enters its second week of shutdown. Trump also stated that he ... (full story)
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From cnbc.com|Oct 8, 2025The European Union’s decision to hike steel tariffs and sharply cut import quotas has provoked widespread concern in the U.K., as well as rumblings of discontent among carmakers ...
From axios.com|Oct 8, 2025Gold — typically a safe-haven in times of turmoil — is soaring at the same time the stock market is hitting new highs, an unusual dynamic that is troubling some market insiders. ...
From bnnbloomberg.ca|Oct 8, 2025|8 commentsPrime Minister Mark Carney returns to Ottawa today without any deals to remove U.S. tariffs from Canadian goods, but he is leaving two of his key ministers behind to keep pressing ...
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From stlouisfed.org|Oct 8, 2025|1 commentGood morning and welcome to Day 2 of the 2025 Community Banking Research Conference. I would like to thank all speakers and presenters. Your willingness to share perspectives and ...
From federalreserve.gov|Oct 8, 2025|1 commentThank you for the invitation to speak to you today.1 I value the opportunity to spend time with community bankers and fellow federal and state bank regulators. This conference, ...
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- Oct 8, 2025 7:32am Posted byTechnical Analysis306
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