Technical readings in the daily chart support additional XAU/USD gains. The pair extends gains above its moving averages, with bullish 20 and 100 Simple Moving Averages (SMA) converging at around ...

So far gold has passed this latest hawkish-Fed test with flying colors. Despite gold plunging 1.9% to $2,593 Wednesday, it remained well above that pullback low of $2,562 in mid-November.

A hotter-than-expected US CPI report could affirm expectations of just one Fed rate cut this year or prompt markets to price ...