Gold (XAUUSD) soared above 3,100 USD, setting a new all-time high
XAUUSD prices are showing rapid growth, breaking above the 3,100 USD level. This week, the market will focus on US employment data. Find out more in our XAUUSD analysis for today, 31 March 2025.
XAUUSD forecast: key trading points
Gold continues its rapid growth in the uptrend, now trading above the 3,100 USD mark. The precious metal remains in high demand from investors and central banks amid ongoing tariff wars by US President Donald Trump, who plans to introduce a 25% tariff on imported vehicles and announce a broader reciprocal tariff plan.
This week, market focus will shift to US employment statistics, with the ADP report, Nonfarm Payrolls, and the unemployment rate scheduled for release. Stronger-than-expected figures could support the US dollar and trigger a correction in the XAUUSD pair. Conversely, weaker data would allow Gold to continue its upward move.
RoboForex Market Analysis & Forex Forecasts
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
XAUUSD prices are showing rapid growth, breaking above the 3,100 USD level. This week, the market will focus on US employment data. Find out more in our XAUUSD analysis for today, 31 March 2025.
XAUUSD forecast: key trading points
- Market focus: another wave of the tariff war is expected this week, with Trump planning to impose a 25% tariff on imported cars
- Current trend: a strong uptrend is underway
- XAUUSD forecast for 31 March 2025: 3,150 and 3,100
Gold continues its rapid growth in the uptrend, now trading above the 3,100 USD mark. The precious metal remains in high demand from investors and central banks amid ongoing tariff wars by US President Donald Trump, who plans to introduce a 25% tariff on imported vehicles and announce a broader reciprocal tariff plan.
This week, market focus will shift to US employment statistics, with the ADP report, Nonfarm Payrolls, and the unemployment rate scheduled for release. Stronger-than-expected figures could support the US dollar and trigger a correction in the XAUUSD pair. Conversely, weaker data would allow Gold to continue its upward move.
RoboForex Market Analysis & Forex Forecasts
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team