Friday Dec 27, 2024

Global Finance Forum Powered By Genesis Gold Group |EP448

Gold Price Forecast: XAU Bullish Bias Holds Above $2,600 on Fed Outlook

Gold prices edged lower on Friday, trading around $2,632.85, as thin holiday liquidity muted market moves.

The precious metal remains on track for a weekly gain, supported by investor caution over the Federal Reserve’s 2025 rate plans and geopolitical tensions. Analysts attribute the subdued price action to seasonal market dynamics.

Silver Price Forecast: Can $30.16 Resistance Trigger a Breakout?

Bitcoin options contract worth more than $14 billion expired. This is one of the largest expirations in Bitcoin options trading history, and it may generate market tremors.

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