Gold Price Forecast: XAU/USD ticks up to renew YTD high near $2,000 as week-start optimism fades Gold XAUUSD RiskAversion Commodities Fed
challenges to the risk appetite. It’s worth noting that the metal rose the most on a daily, as well as on a weekly, basis in the last amid broad weakness of the US Treasury bond yields and the US Dollar.
That said, news surrounding the major central banks’ coordinated efforts to fuel the market’s liquidity joined the headlines suggesting the UBS takeover of the troubled Credit Suisse to underpin the recovery in the sentiment during the early Asian session. Looking forward, risk catalysts and the bond market moves could entertain the Gold traders ahead of the monetary policy meetings of the Federal Reserve , Swiss National Bank and the
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