Back

Gold Price Forecast: Haven buying remains supportive for XAU/USD – ANZ

Last week, Gold (XAU/USD) recorded minor gains and ended above the $2,030 mark. Economists at ANZ Bank analyze the yellow metal’s outlook.

Fed officials warned patience is needed before they start cutting rates

Gold managed to eke out a small weekly gain despite policymakers remaining hawkish. 

Federal Reserve officials warned patience is needed before they start cutting rates. This has seen investors dump holdings in the world’s largest Gold-backed exchange-traded fund (ETF). However, haven buying remains supportive due to geopolitical risks in Ukraine and the Middle East.

 

USD/CAD Price Analysis: Improves to near 1.3520 following February’s high

USD/CAD moves higher for the second consecutive day, inching higher to near 1.3520 during the European session on Monday.
Leia mais Previous

USD/CAD sticks to intraday gains around 1.3525 amid weaker Crude Oil prices

The USD/CAD pair is seen building on last week's rebound from the 1.3440 support zone and gaining some positive traction for the second successive day on Monday.
Leia mais Next