Gold hit a new record high on Wednesday due to escalating Middle East tensions. Market participants are uncertain about the looming US presidential election. Business activity in the US grew in October. The gold outlook indicates a slight shift in sentiment as prices retreat from a recent record high. The decline came after US data…
The post Gold Outlook: US Data Triggers Subtle Sentiment Shift appeared first on Forex Crunch.
Read Full Story
- GBP/USD Forecast: Pound Poised for Solid Monthly Gains - April 30, 2025
- AUD/USD Price Analysis: Inflation Surprise Tempers RBA Cut Bets - April 30, 2025
- USD/JPY Price Analysis: Auto Tariff Easing Boosts Sentiment - April 29, 2025