Gold (XAU/USD) continues its upward trajectory, trading at approximately $4,337, as traders anticipate further easing of monetary policy by the Federal Reserve following this week's interest rate cut. The precious metal is closing in on its all-time high of $4,381 reached on October 20, reflecting heightened demand amid a dovish Fed outlook.
The increased buying pressure comes as investors seek safe-haven assets in a climate of uncertainty surrounding USD strength and potential shifts in exchange rate dynamics. As market sentiment leans towards a more accommodative Fed, the implications for the currency pair remain significant, potentially driving gold prices even higher in the near term.
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Data Source: FX Killer Analysis Team Updated: 2025-12-12 12:42
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.