Gold steady as softer US Dollar limits downside
Gold (XAU/USD) regains ground on Thursday, giving back part of earlier losses as the US Dollar (USD) weakens broadly. At the time of writing, the metal is trading around $4,235, with investors reassessing the Federal Reserve’s (Fed) monetary policy outlook after the latest interest rate cut.
Gold (XAU/USD) regains ground on Thursday, giving back part of earlier losses as the US Dollar (USD) weakens broadly. At the time of writing, the metal is trading around $4,235, with investors reassessing the Federal Reserve’s (Fed) monetary policy outlook after the latest interest rate cut.
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