Gold price oscillates in a narrow trading band through the Asian session on Wednesday and consolidates the previous day's strong move up to the $1,984 area, or a nearly eighth-week high. The XAU/USD currently trades just below the $1,980 level and seems poised to prolong its recent steady ascent witnessed over the past three weeks or so. Bearish US Dollar should lend support to Gold price The US Dollar (USD) struggles to register any meaningful recovery from its lowest level since April 2022 touched on Tuesday in the wake of growing acceptance that the Federal Reserve (Fed) will soften its hawkish stance. This, in ... (full story)