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Gold forecast: Will XAU/USD stage correction soon?
Gold prices were edging higher at the time of writing late in the day in Europe. We have seen some positive US data, but this is too little, too late to change the Fed’s decision to cut rates next week. Indeed, the bullish narrative in the gold forecast is still very much driven by expectations of imminent rate cuts by the Fed and Trump lining up a dovish Fed chair is also helping the metal. There is also a bit of extra lift coming from ongoing geopolitical jitters concerning Ukraine-Russia. Add in the persistent talk of de-dollarisation and the steady buying from central banks, especially from China, and you’ve ... (full story)
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- Dec 4, 2025 4:00pm Posted byFundamental Analysis199
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