Gold price keeps advancing on Thursday, now trading around $2,215.
XAU/USD Current price: $2,214.47 Hawkish comments from Fed Governor Chris Waller propelled markets ahead of the long weekend. The US will release the Personal Consumption Expenditures Price Index on Friday. XAU/USD extended gains for a fourth consecutive day, aims to reach fresh record highs. The XAU/USD pair is up for a fourth consecutive day and flirts with record highs as market players assess the latest comments from Federal Reserve officials.
US indexes maintain a positive tone, although gains are modest. Markets are already entering wait-and-see mode. At the same time, government bonds turned higher, weighing on yields. The 10-year note currently offers 4.18%, down 1 basis point from its daily opening. XAU/USD short-term technical outlook From a technical point of view, XAU/USD rally is far from done.
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