Breaking: Gold Price Forecast: XAU/USD slumps to fresh yearly low under $1,700 on strong USD

Gold extends Friday’s south-run to refresh yearly low.
US Dollar remains firmer amid downbeat stock futures, firmer Treasury yields.
US jobs report favor bears, stimulus talks, covid updates adds to the woes.
Gold Weekly Forecast: XAU/USD eyes $1,750 on NFP-inspired USD strength

Gold drops to fresh low of 2021, below $1,700, amid the early Monday morning in Asia.

More to come....

Aug 9, 2021

USD/JPY clings to near multi-week high around 110.40 amid higher US Treasury yields

After witnessing spectacular gains in the previous week, USD/JPY kickstarts the fresh trading week on a muted note. The pair remarkably moved from the

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Aug 9, 2021

WTI renews 13-day low as sellers attack $67 despite geopolitical jitters in the Middle East

WTI seesaws around $67.00, down 1.00% intraday, amid the early Asian session on Monday. In doing so, the oil benchmark drops to the fresh low since Ju

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