Tag: market news

XAU/USD Stays Below $4,300 on Fed Rate Hike Bets

Gold Price Forecast: XAU/USD Struggles Below $4,300 Amid Growing Fed Rate Hike Expectations

Gold prices (XAU/USD) posted modest gains on Thursday but remained near weekly lows around the $4,220 level. The precious metal initially benefited from optimism surrounding potential peace negotiations involving Iran; however, those gains were quickly erased after the Federal Reserve delivered a more hawkish-than-expected message, reinforcing expectations of additional interest

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WTI Oil Price Holds Below $93 Amid US-Iran Peace Deal Hopes

WTI holds after $93.00 as markets weigh chances of a US-Iran

West Texas average (WTI) the US benchmark for Crude Oil traded within a narrow range during Thursday Asian session pausing the previous session recovery from levels below $87.00 which marked a more than two week low. The commodity is currently hovering around the mid-$92.00 area down nearly 0.65% on the

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