Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading
AD Bank of England Statistics AD Investing.com Markets AD LSEG Data AD CME Group Education
FX Desk

Gold rallies as Iran-US deal seems closer ahead of NFP

By FXStreet

Gold rallies as Iran-US deal seems closer ahead of NFP

Gold (XAU/USD) price surges to its highest level in nearly seven weeks, gaining nearly 3.80% on Wednesday as the Greenback loses ground and US Treasury yields fail to gain traction. The XAU/USD pair trades at $4,232, its highest level since June 18, after bouncing off daily lows of $4,065.

Read at source

Read also
  1. Gold: Fed hawkishness caps upside – ING
  2. Liquidity Provision and the Consumer Duty Mandate: An Operational Assessment of ExiDigital
  3. EUR/GBP Price Forecast: Hesitates near 0.8550 with the risk-off mood capping rallies
  4. South Korean Won: BoK tightening supports KRW against US Dollar – Commerzbank
  5. German yields hit multi-year highs after Warsh’s hawkish tone

Source: FXStreet