Gold prices maintained moderate intraday gains throughout the early European session on Friday, amid mixed fundamental signals.
Geopolitical tensions fueled by the escalating Russia-Ukraine war and the ongoing conflict in the Middle East continued to support this safe-haven precious metal.
However, the recovery of the US Dollar (USD) post-FOMC limited any significant appreciation in this commodity.
The gold price at the time of writing was $3655
Disclaimer:
This article is analytical in nature and is not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id
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