Gold Price Forecast: XAU/USD extends upside above $3,750 as Fed rate cut hopes intact

Published 1 month ago Positive
Gold Price Forecast: XAU/USD extends upside above $3,750 as Fed rate cut hopes intact
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XAUUSD.FOREX Gold Spot
Gold price (XAU/USD) extends the rally to around $3,770 during the early Asian session on Monday. The precious metal edges higher after the US inflation data came in line with expectations, reinforcing bets that the US Federal Reserve (Fed) may continue with interest rate cuts later this year.

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