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Gold Price Forecast: XAU/USD tumbles to near $3,950 on Fed's hawkish comments, trade optimism

Gold price (XAU/USD) slumps to near $3,965 during the early Asian session on Monday. The precious metal extends the decline as a constructive US-China outcome reinforces global risk appetite.
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GBP/USD hangs near its lowest level since April 14, seems vulnerable below mid-1.3100s

The GBP/USD pair remains depressed below mid-1.3100s at the start of a new week and languishes near its lowest level since April 14, touched on Friday.
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