FiscalPolicy

Gold price attracts fresh buyers on Friday and moves closer to a two-week top set on Thursday. US fiscal concerns, US-China trade tensions, and geopolitical risks underpin the XAU/USD pair. Fed rate cut bets weigh on the USD and support prospects for further gains for the commodity. Gold price (XAU/USD) retains its intraday bullish bias…

Gold price pulls back after touching a two-week top earlier this Thursday, though the downside seems limited. US fiscal concerns and Fed rate cut bets continue to weigh on the USD, and should lend support to the XAU/USD pair. Renewed US-China trade tensions and geopolitical risks might also contribute to limiting any meaningful slide. Gold…