Vlad RF
Member
Gold (XAUUSD) in the green: demand for safe-haven assets on the rise
Gold (XAUUSD) prices have risen to 3,260 USD. With elevated risk levels, the precious metal finds strong support. Discover more in our analysis for 5 May 2025.
XAUUSD forecast: key trading points
Gold (XAUUSD) prices climbed to 3,260 USD on Monday. Amid high uncertainty surrounding US-China trade talks, demand for safe-haven assets is increasing. This is an environment in which gold traditionally thrives.
The core issue lies in the lack of clarity. US President Donald Trump claims China is inclined to strike a deal, while Beijing insists specific conditions must be met before any discussions can proceed. The ongoing holidays in China add further ambiguity.
Gold also finds support in the weakening of the US dollar, making the metal more attractive to investors using other currencies.
Looking ahead, the Federal Reserve is set to hold its policy meeting this week. Although a rate cut would benefit gold, such a move is unlikely at this stage.
Read this article on RoboForex website - Gold Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
Gold (XAUUSD) prices have risen to 3,260 USD. With elevated risk levels, the precious metal finds strong support. Discover more in our analysis for 5 May 2025.
XAUUSD forecast: key trading points
- Gold (XAUUSD) is on the rise, driven by demand for safe-haven assets
- The market closely follows US-China trade tensions, awaiting concrete developments
- XAUUSD forecast for 5 May 2025: 3,276
Gold (XAUUSD) prices climbed to 3,260 USD on Monday. Amid high uncertainty surrounding US-China trade talks, demand for safe-haven assets is increasing. This is an environment in which gold traditionally thrives.
The core issue lies in the lack of clarity. US President Donald Trump claims China is inclined to strike a deal, while Beijing insists specific conditions must be met before any discussions can proceed. The ongoing holidays in China add further ambiguity.
Gold also finds support in the weakening of the US dollar, making the metal more attractive to investors using other currencies.
Looking ahead, the Federal Reserve is set to hold its policy meeting this week. Although a rate cut would benefit gold, such a move is unlikely at this stage.
Read this article on RoboForex website - Gold Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
