Fed

Gold price catches fresh bids on Friday amid trade war fears and geopolitical tensions. The USD hits a fresh two-week low and offers further support to the XAU/USD pair. Bets for slower rate cuts by the Fed might keep a lid on the non-yielding yellow metal.  Gold price (XAU/USD) sticks to its intraday bullish bias…

Gold price struggles to capitalize on its modest bounce from a one-week low.  Rebounding US bond yields underpin the USD and weigh on the XAU/USD.  Traders now look to FOMC meeting minutes for some meaningful impetuses.  Gold price (XAU/USD) retains its negative bias for the second straight day and trades just above a one-week low…