Gold (XAU/USD) has retreated from its recent peak of $4,247, marking a reversal after reaching a weekly high in the Asian session. This decline interrupts a two-day winning streak as the precious metal responds to a slight rebound in the U.S. dollar (USD), which gained momentum following the post-FOMC sell-off.
The movement in gold prices reflects broader market trends, with the USD's exchange rate affecting demand for safe-haven assets. As traders recalibrate their positions, gold's performance amid fluctuating USD values illustrates the ongoing tug-of-war between inflation concerns and the dollar's strength. Market participants will be closely monitoring future economic indicators that could influence this dynamic.
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Data Source: FX Killer Analysis Team Updated: 2025-12-11 06:32
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.