Gold (XAU/USD) price edges lower by some 1.69% on Friday, poised to end with losses for the third consecutive week.At the time of writing, XAU/USD trades at $4,147, weighed by overall US Dollar strength sparked by the Federal Reserve's (Fed) decision to keep interest rates higher for longer.
Nordea analysts expect the Dollar to stay supported in coming months as the Federal Reserve maintains a relatively hawkish stance and US data remain firm. They argue that US growth and inflation dynamics justify higher yields versus peers, limiting Dollar downside.
Bitcoin's onchain activity has climbed to its strongest level of 2026 even as the top crypto continues to trade under bearish pressure, according to a Thursday report from CryptoQuant.