XAU/USD HOVERS AROUND $2,610 IN QUIET PRE-HOLIDAY TRADING

Tina Collins

24 Dec 2024

XAU/USD is currently priced at $2,612.01.

Disappointing US data has further weakened market sentiment.

Financial markets are moving slowly ahead of the Christmas holidays, with many markets closing soon.

Spot Gold remains soft on Monday, holding above $2,600 despite early gains at $2,633.14.

Gold is poised to slide below $2,600 due to renewed demand for the US Dollar.

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ECB MEMBER ELDERSON WARNS OF RISKS OF RAPID RATE CUTS!

CHINA'S IMPORTS OF RUSSIAN OIL HIT RECORD HIGH LAST YEAR

CHINA'S VICE PRESIDENT HAN ZHENG MEETS MUSK AND VANCE, DISCUSSES CHINA-US RELATIONS

DOW RISES MORE THAN 300 POINTS, S&P 500 HEADS FOR BEST WEEK SINCE NOVEMBER AS RATES FALL