Gold Forecast: Second Failed Attempt to Acquire $3,400

Gold trades near $3,400 amid safe-haven demand and a weaker USD. Trump tempers U.S.-China trade optimism by refusing tariff concessions. Geopolitical risks rise with new developments in Ukraine, Russia, Yemen, and South Asia. The Fed holds rates steady, adopts a cautious stance on economic outlook. The gold forecast is strongly bullish as the price edged... The post Gold Forecast: Second Failed Attempt to Acquire $3,400 appeared first on Forex Crunch.

May 8, 2025 - 09:45
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Gold Forecast: Second Failed Attempt to Acquire $3,400
Gold price analysis

Gold trades near $3,400 amid safe-haven demand and a weaker USD. Trump tempers U.S.-China trade optimism by refusing tariff concessions. Geopolitical risks rise with new developments in Ukraine, Russia, Yemen, and South Asia. The Fed holds rates steady, adopts a cautious stance on economic outlook. The gold forecast is strongly bullish as the price edged...

The post Gold Forecast: Second Failed Attempt to Acquire $3,400 appeared first on Forex Crunch.