Tuesday, May 26, 2026
Gold seems vulnerable as geopolitics and Fed hike bets favor USD bulls
Gold struggles to gain any traction, and oscillates in a narrow band around the $4,500 psychological mark during the Asian session. Persistent geopolitical uncertainties continue to support the safe-haven US Dollar, and act as a headwind for the commodity. Moreover, inflationary concerns have raised expectations for more hawkish central banks, including the US Federal Reserve, which is seen as another factor undermining demand for the yellow metal.
$4000 at risk: Gold sellers refuse to give up amid hot US inflation, Mideast tensions
Gold pauses its recovery from seven-month lows of $4,024 in Wednesday’s Asian trading, after facing fresh offers above the $4,100 level. G...
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The GBP/USD pair is up 0.35% to near 1.3480 during the Asian trading session. The Cable trades firmly as market sentiment for riskier assets...
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The Singapore dollar weakens slightly against its U.S. counterpart amid uncertainty over U.S.-Iran talks. Initial optimism over the negotiat...