
Gold Price Forecast: XAU/USD bulls target $4,380 buoyed by lower US yields
Gold Price Forecast: XAU/USD bulls target $4,380 buoyed by lower US yields
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Gold Price Forecast: XAU/USD bulls target $4,380 buoyed by lower US yields

Pound-Dollar could extend its rally if Friday's US payrolls disappoint, while improving risk sentiment continues to weigh on the safe-haven US Dollar. The Pound to US Dollar (GBP/USD) exchange rate strengthened on Wednesday as softer US economic data and improving market sentiment reduced demand for the US Dollar.

Silver price today: Silver broadly unchanged, according to FXStreet data

EUR/GBP Price Forecast: Holding below 0.8580 with dips limited so far

Bulls push Gold's price higher

Gold rose to 4,300 USD per ounce on Thursday, marking its fourth consecutive session of gains. The metal has advanced nearly 6% since the start of the week, supported by a partial agreement to reopen shipping through the Strait of Hormuz, which has weighed on oil prices and eased concerns over inflation and further rate hikes.

Gold rises for fourth consecutive day: Geopolitics and data lend support

British Pound: Gains capped below 1.3555 against US Dollar - UOB

Gold: Breakout extends as yields ease – OCBC

USDCAD hits major resistance The greenback fell further as traders continue to digest the ongoing peace negotiations in the Middle East. The pair progressed lower, breaking through the 1.4050 level, ensuring that the bear run remained intact.

US Dollar Price Forecast: DXY trades near key support ahead of Friday's U.S. Nonfarm Payrolls report, while EUR/USD tests resistance and GBP/USD consolidates after recent gains.

Meta Description: Gold and silver remain supported ahead of Friday's U.S. Nonfarm Payrolls report as softer labor market data, Fed rate expectations, and central bank demand keep bullion in focus.

GBP/USD Price Forecast: Gathers strength for VCP breakout

USD/CHF Price Forecast: Poised to extend gains beyond 0.8100 amid bullish setup

Silver breakout above the June to August range is riding on fresh optimism over a potential US-Iran deal, though the move is.