On March 10, 2026 (GMT‑5), XAU/USD advanced notably, supported by growing safe‑haven demand, renewed expectations for Federal Reserve rate cuts, and a weaker U.S. dollar. Gold gained approximately 1.19% within a range of $5,125.80 to $5,227.31, maintaining firm support above $5,100 and finishing near its daily high, driven by dip‑buying, short covering, and ongoing central bank purchases. Looking ahead, the market bias for the next session is bearish, with a target price of 5173.33.
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