Back To Top

May 28, 2025

Gold Price Struggles Below 3300 Amid US Dollar Strength

Gold price, represented as XAU/USD, struggles to rise above the 3300 mark, trading just below this critical level during the Asian session. After a modest uptick earlier, the price remains close to the weekly low reached the previous day. Recent economic data from the United States exceeded expectations, easing recession concerns and attracting buyers to the US Dollar for the second consecutive day. This scenario creates pressure on gold, suggesting vulnerabilities as the commodity struggles to maintain support.

Prev Post

Top Analysts Highlight Three High-Dividend Yield Materials Stocks

Next Post

Altcoins Surge 100%: Analyzing AAVE, FET, INJ for Future Gains

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment