Gold Price Forecast: XAU/USD bulls retain control near record high amid dovish Fed bets
Gold (XAU/USD) prolongs its record-setting rally for the fifth straight day and climbs above the $4,950 level during the Asian session on Friday.

Gold (XAU/USD) prolongs its record-setting rally for the fifth straight day and climbs above the $4,950 level during the Asian session on Friday.
EUR/USD pushed higher late on Thursday, trading around the 1.1750 area and sitting at two-day highs after the closing bell in European markets.
A better market mood is not enough to take Gold price down, with the bright metal reaching yet another record high on Thursday.
The Australian Dollar (AUD) is back on the rise, and AUD/USD is surpassing the 0.6800 hurdle. The move shows that investors are more willing to take risks, especially after President Trump spoke in a way that was more friendly to the market at the World Economic Forum (WEF) in Davos.
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The US dollar weakened further against the South African rand on Wednesday, breaking support near 16.30 amid gold strength and favorable rate differentials.