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Gold Price Forecast: Buy the dips in XAU/USD, as focus shifts to Fedspeak, US data

Gold price has returned to the red near $2,170 early Wednesday, notwithstanding Tuesday’s uptick to the $2,200 level.

New yorkUnited statesChristoper wallerEconomic club of new yorkWorld gold councilWall streetChinese industrial profitsAustralian consumer price indexPresident xi jinpingJune federal reserveIslamic stateFed governor christoper wallerEconomic clubGross domestic productJobless claimsPersonal spending

Gold rises on firm Fed rate cut projections, US core PCE inflation eyed

Gold price (XAU/USD) soars to $2,190 in Wednesday’s early American session amid multiple tailwinds.

United statesNew yorkAustan goolsbeeChristopher wallerEconomic club of new yorkFederal reserve bankFederal reserveChicago fed bankMarket committeeChicago fed bank president austan goolsbeePersonal consumption expenditureConsumer price indexFed governor christopher wallerEconomic clubExponential moving averagesRelative strength index

Gold Price Forecast: XAU/USD has limited further upside potential – Commerzbank

The price of Gold has reached a new record high following the Fed's meeting perceived as dovish.

Gold Price Forecast: Push back in rate cut expectations from March to June may cap XAU/USD rally – ANZ

The timing and pace of the Fed’s rate cuts are long-term drivers for Gold, strategists at ANZ Bank say.

Gold s surge poised to break $2,200 amid rate cut rumors

Gold prices climbed steadily during the North American session on Wednesday as buyers targeted the $2,200 figure.

United statesChristopher wallerLisa cookRaphael bosticAustan goolsbeeFederal reserveUniversity of michigan consumer sentimentMarket committeeFed governor christopher wallerNorth americanPersonal consumption expendituresMichigan consumer sentimentInitial jobless claimsGross domestic productFederal open market committeeFed president raphael bostic

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