Gold (XAU/USD) began the week under pressure as the US Dollar strengthened and Treasury yields climbed. Trading around $4,190, the precious metal is experiencing a pullback after reaching an intraday high of $4,219. Market participants are adopting a cautious stance ahead of the Federal Reserve's interest rate decision on Wednesday, which is contributing to the subdued trading activity.
The anticipation surrounding the Fed's announcement is influencing the exchange rate dynamics, particularly with the USD gaining traction. As traders reassess their positions, the uncertainty surrounding potential monetary policy changes may lead to increased volatility in both the gold market and broader forex trading. Investors are keenly eyeing these developments, as they could significantly impact the direction of XAU/USD in the coming days.
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Data Source: FX Killer Analysis Team Updated: 2025-12-08 15:44
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.