Gold prices trade sideways amid lack of new drivers and trade tariff news, bullish trend expected as demand rises in India

From Investing.com: 2025-04-29 05:40:00

Gold prices continue to consolidate in a narrow range due to lack of new drivers and trade tariff news. US Treasury Secretary highlighted China’s efforts to de-escalate trade tensions. Gold may see a bullish trend with strong demand expected in India during the festive season. XAU/USD may face volatility due to US macroeconomic releases. Euro gains against USD as investors anticipate tariff cuts. Eurozone economic data surprises market. EUR/USD may be affected by US macroeconomic reports. British pound hits a three-year high as UK economic outlook is revised downward due to US tariffs. GBP/USD may see volatility based on US JOLTS Job Openings data.



Read more at Investing.com: Gold Trades Sideways Amid Tariff News and Ongoing Trade Talks