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Gold advances as diplomacy optimism and Fed uncertainty undermine USD
Gold (XAU/USD) builds on the previous day's goodish rebound from sub-$4,650 levels and gains some follow-through positive traction during the Asian session on Tuesday. Despite failed US-Iran peace talks over the weekend, investors seem hopeful that the door for diplomacy remains open and that negotiations will continue. Apart from this, the uncertainty over future interest rate moves by the US Federal Reserve (Fed) weighs on the US Dollar (USD), which is seen offering support to the bullion. US Vice President JD Vance struck a cautiously optimistic tone on negotiations with Iran and said during an interview on Fox ... (full story)
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- Apr 13, 2026 10:59pm Posted byTechnical Analysis158
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