Gold Price Forecast: XAUUSD as a safe-haven has become an attractive proposition for many investors .

Market fears of the war in Ukraine and continued perception of the US central bank as being behind the curve are supporting Gold markets, economists at TD Securities report. 

Protracted war in Ukraine raises both geopolitical uncertainty and inflation risks

“The potential for a protracted war in Ukraine simultaneously raises both geopolitical uncertainty and inflation risks, fueling demand for the yellow metal as a safe haven. This trend has also likely been exacerbated by the concurrent decline in global equity and bond prices, which is consistent with fears that Treasuries may be less potent havens in a higher-inflation regime.” 

“While the Fed is signaling its intent to combat inflation by reaching policy neutrality by year-end, and starting an aggressive QT regime, outflows from gold markets have been scarce as participants are happy to retain some optionality against the Fed’s stated plan amid growth concerns.”

EUR/USD clings to small recovery gains near 1.0800.EUR/USD continues to trade in a relatively tight range near 1.0800 on Tuesday. The greenback preserves its strength against its rivals on the back of rising US T-bond yields but the slight improvement witnessed in risk sentiment is helping the shared currency hold its ground. 

EUR/USD News 

GBP/USD retreats to 1.3000 area, erases daily recovery gains.GBP/USD has started to edge lower and turned flat on the day near 1.3000 after rising toward mid-1.3000s in the early European morning. The greenback preserves its strength on rising US T-bond yields and doesn’t allow the pair to gain traction on Tuesday. 

GBP/USD News 

Gold: Demand for safety paused, but is far from over.Gold is down, trading at around $1,55.00 after peaking at $1,998.37 on Monday, its highest since early Mach. XAUUSD retreated as investors continue to buy the greenback on the back of hawkish comments from US Federal Reserve officials.

Gold News 

This is when to buy Shiba Inu before it breaks out.Shiba Inu price undergoes a bearish wave as FED official paints a dire picture of the rate path. SHIB price is further on the backfoot as quarterly earnings put investors on edge.