Gold

Key points: Gold is on track for its fourth consecutive monthly gain, showing resilience in the face of fluctuating economic indicators. The market anticipates the April personal consumption expenditures price index, a critical measure for future Federal Reserve policies. Gold …

Key points:  Spot gold falls to $2,330.44 per ounce.  Strengthening US dollar and higher Treasury yields pressure gold prices.  Traders focus on upcoming U.S. core PCE inflation data.  This article is a follow up from: Gold rises ahead of key …

Key points:  Gold rises to $2,339.9 a troy ounce, recovering from recent losses.  Market focus shifts to the U.S. Personal Consumption Expenditures (PCE) price index release this coming Friday.  Federal Reserve minutes dampened hopes for rate cuts, impacting gold prices …

The Dow Jones and S&P 500 both ended their multi-week winning streaks, a shift driven by economic data that came in hotter than expected. This unexpected resilience in the economy has prompted many to push back their expectations for Federal …

Gold (XAU/USD) experienced a sharp drop on Wednesday, settling just above the important support level of $2,375. This support is vital for bulls, as holding this line could prevent a deeper retracement towards $2,360. Should the weakness continue, the focus …

Key points Analyst prediction: Gold may drift back to $2,355 if the dollar maintains upward momentum. Fed minutes: Indicated discussions of possible further interest rate hikes. ANZ outlook: Rising prices could temper discretionary gold buying. Gold prices fell for a …

Key Points:  Gold reaches a record high of $2,430 per ounce amid speculation of Federal Reserve interest rate cuts.  Rising geopolitical tensions and strong central bank purchases bolster gold prices.  Gold (Symbol: XAUUSD) climbed past $2,430 per ounce on Monday, …

Key points: Platinum nears One-Year high: Platinum prices reach their highest level since May 22 of last year. Gold eyes $2,400 level: Analysts suggest gold could soon capture the $2,400 per ounce mark. Gold prices climbed slightly higher on Thursday, …

Key points:  Gold prices saw an increase on Tuesday, rising 0.4% to $2,344.39 per ounce, despite a drop the previous day.  Upcoming U.S. inflation data crucial for gauging future Federal Reserve policy decisions and its subsequent influence on gold prices.  …

Key points: Gold prices increased this week, influenced by expectations of a Federal Reserve rate cut later this year. Recent U.S. labor market data suggests a cooling economy, further fueling rate cut speculations. 10th May 2024 – On Friday, spot …