Gold price surges past $2,260 to renew all-time highs
Gold price is grinding higher to renew the all-time highs above $2,260 in the Asian session on Monday. Gold price benefits from the Easter holiday-driven thin liquidity and increased Fed rate cut expectations. Strong China's Caixin Manufacturing PMI also cheers Gold traders.
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold price is grinding higher to renew the all-time highs above $2,260 in the Asian session on Monday. Gold price benefits from the Easter holiday-driven thin liquidity and increased Fed rate cut expectations. Strong China's Caixin Manufacturing PMI also cheers Gold traders.
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Yorum:
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