Gold Price Forecast: XAU/USD Closes The Week Near $1,920, Above The 200-Day SMA
September 09, 2023 at 15:19 PM EDT
At the end of the week, the XAU/USD traded with mild losses, closing the week at around $1,918. Precious metal closed the week with sharp losses of around 5% for silver and nearly 1% for gold. These losses were driven by US yields edging higher.