Gold Price News and Forecast: XAU/USD – Break to new all-time high in gold confirms bullish market

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Gold Price Analysis: Well-supported as Trump floats delaying the elections – Confluence Detector

Gold has been consolidating its gains achieved earlier in the week and failed in its second attempt to surge above the $1,981 level after the Federal Reserve's rate decision. The Fed painted a gloomier picture of the economy and opened the door to more stimulus.

The central bank's worries were echoed with weak Gross Domestic Product and a rise in jobless claims. President Donald Trump tweeted that perhaps the elections should be postponed given the virus. While his comments seemed to divert attention from the economic figures, it triggers new worries. Read more...

Break to new all-time high in gold confirms bullish market

Gold has finally broken to a new record high this week, confirming the secular bull market has resumed. We know it’s a matter of time as it has made a new all time high to almost all other major world currency. In our public seminar in September 2019, we mentioned that XAUUSD should follow the path of Gold vs other major currencies. Read more...

Gold remains depressed near session lows, around $1950 post-US GDP

Gold maintained its offered tone near daily lows, around the $1950 region, and had a rather muted reaction to the US GDP report.

The precious metal witnessed some selling on Thursday and moved away from the previous day's all-time high, around the $1981 area retested in the aftermath of a dovish FOMC statement. A modest US dollar rebound from more than two-year lows was seen as one of the key factors that prompted some profit-taking around the dollar-denominated commodity. Read more...

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FXStreet Team

FXStreet

EUR/USD deflates to multi-week lows near 1.1640

EUR/USD is down for the third straight day on Thursday, coming under extra downside pressure and approaching its transitory 55-day SMA around 1.1640 amid tge persistent recovery in the Greenback. Moving forward, market participants should remain prudent ahead of the release of Friday’s US NFP figures.

GBP/USD: Further weakness could challenge 1.3400

GBP/USD remains under unabated selling pressure on Thursday, slipping to fresh three-day lows around 1.3415 in response to further improvement in the sentiment surrounding the Greenback ahead of Friday’s key NFP data.

Gold edges lower as bulls opt to wait for the crucial US NFP report

Gold struggles to capitalize on the previous day's goodish move up from the vicinity of the $4,400 mark and attracts some sellers during the Asian session on Friday as bulls seem reluctant ahead of the US NFP report. The critical US employment details will offer more cues about the Fed's rate-cut path, which, in turn, will influence the US Dollar price dynamics and provide a fresh impetus to the non-yielding bullion. In the meantime, dovish Fed expectations and rising geopolitical tensions might continue to act as a tailwind for the XAU/USD.

XRP slides as institutional and retail demand falters

Ripple (XRP) is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.

2026 economic outlook: Clear skies but don’t unfasten your seatbelts yet

Most years fade into the background as soon as a new one starts. Not 2025: a year of epochal shifts, in which the macroeconomy was the dog that did not bark. What to expect in 2026? The shocks of 2025 will not be undone, but neither will they be repeated.

XRP slides as institutional and retail demand falters

Ripple is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.