XAUUSD Exchange Rate

A report released by the National Association of Realtors on Thursday showed a sharp pullback by existing home sales in the U.S. in the month March. NAR said existing home sales plunged by 4.3 percent to an annual rate of 4.19 million in March after surging by 9.5 percent to a rate of 4.38 million in February. Economists had expected existing home sales to slump to a rate of 4.20 million.

The Conference Board released a report on Thursday showing an unexpected pullback by its index of leading U.S. economic indicators in the month of March. The report said the leading economic index fell by 0.3 percent in March after rising by 0.2 percent in February. The modest advance in February marked the first increase by the leading index in two years.

A report released by the National Association of Realtors on Thursday showed a sharp pullback by existing home sales in the U.S. in the month March.

The Conference Board released a report on Thursday showing an unexpected pullback by its index of leading U.S. economic indicators in the month of March.

Gold prices have soared past 2400.00 USD, reaching a new record high on Friday. This marks the fifth consecutive week of gains for the precious metal, fuelled by increasing market demand for "safe-haven" assets amid escalating geopolitical tensions and uncertain global economic conditions.

The market was roiled by unconfirmed reports of explosions in Iran, Iraq, and Syria, adding to the already tense atmosphere following Iran's recent attack on Israel over the weekend. Anticipation of potential retaliation from Israel contributed to heightened nervousness in the markets throughout the week.

Investors are keeping a close eye on gold as the conflict in the Middle East escalates with a possibility of a full-scale regional war in the area.

Oil prices experienced a significant drop in the last session that was influenced by an accelerating build-up in U.S. crude inventories and concerns about oil demand.