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Gold pulls back from $5,249 as US Dollar firms on Fed rhetoric
Gold price retreats from three-week high of $5,249 on Tuesday as the Greenback pares some of Monday’s losses on uncertainty about trade policies and hawkish comments by some Federal Reserve (Fed) officials. At the time of writing, XAU/USD trades at $5,160, down 1.24%. Last Friday, the US Supreme Court ruled against US President Donald Trump’s tariffs imposed under the national emergency IEEPA act, which triggered a rally on US equities. In response, the Trump administration enacted duties of 10% worldwide under Section 122, which became effective as of Tuesday at around midnight. In the meantime, the White House ... (full story)
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- Feb 24, 2026 1:20pm Posted byTechnical Analysis2,068
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