Gold consolidates gains as geopolitics and Fed rate-cut bets support demand

Gold (XAU/USD) trades slightly firmer on Tuesday after posting gains of more than 2.5% the previous day, driven by a surge in safe-haven demand following the United States (US) attacks on Venezuela. At the time of writing, XAU/USD is trading around $4,470, up nearly 0.50% on the day.

Gold consolidates gains as geopolitics and Fed rate-cut bets support demand
Gold (XAU/USD) trades slightly firmer on Tuesday after posting gains of more than 2.5% the previous day, driven by a surge in safe-haven demand following the United States (US) attacks on Venezuela. At the time of writing, XAU/USD is trading around $4,470, up nearly 0.50% on the day.

Share

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0