From Investing.com: 2025-04-30 04:18:00

Gold prices fell by 0.79% as the USD strengthened. US consumer confidence dropped to 86, reflecting concerns over trade tensions and inflation. Short-term expectations fell to 54.4, indicating worries about slowing hiring and rising prices. Central banks may ease policies, boosting demand for gold. XAU/USD fell in trading sessions, with key levels at $3,265 and $3,350 to watch.

The euro lost 0.28% against the USD due to uncertainty about US trade. The Fed may delay rate cuts until weaker economic activity affects the labor market. Trump signed orders to ease auto tariffs impact. EUR/USD fell slightly in trading sessions, with GDP reports today influencing movement.

The Australian dollar lost 0.76% against the USD but rose to 0.64000 on inflation data. Australia’s inflation rose by 2.4% year-over-year, reinforcing expectations of an RBA rate cut. AUD/USD rose in trading sessions, with key events like the US PCE Price Index and GDP reports today affecting movement.



Read more at Investing.com: Gold Prices Rise Amid Economic Uncertainty and Inflation Concerns