Gold

16 September 2024
Oil prices surge on rate cut hopes, but demand worries linger

Gold prices surged to new record highs on Monday as a weakening dollar and mounting expectations for a large interest rate cut by the U.S. Federal Reserve drove market demand. -vtmarkets.com

12 September 2024
Gold inches higher as investors eye US data for rate cues

Gold prices rise as traders await key U.S. economic data to gauge the Federal Reserve’s next rate cut decision. Markets expect a 25-basis-point cut. -vtmarkets.com

10 September 2024
Gold prices stable as investors prepare for US inflation report

Key points: Spot gold remains flat at $2,504.98 per ounce as of 0027 GMT. Fed funds futures price in a 70% chance of a 25-basis-point interest rate cut in September. Gold prices remained stable on Tuesday as investors awaited critical …

9 September 2024
Gold prices silences as markets await key Fed decision on rate cuts

Key Points: Gold prices held near $2,500 per ounce as markets speculated on the Fed’s upcoming interest rate decision. Mixed U.S. jobs data, with fewer jobs added than expected, but rising wages and steady unemployment at 4.2%. Market participants are …

5 September 2024
Gold struggles for momentum as markets focus on US jobs data

Gold prices remained largely flat on Thursday, reflecting investor caution ahead of the U.S. nonfarm payrolls report. This data could signal future rate moves by the Federal Reserve, particularly with market attention focused on whether a rate cut will materialise …

2 September 2024
Gold steady after data suggests smaller Fed rate cut

Gold prices held steady on Monday after a 1% decline in the previous session, as recent U.S. inflation data pointed to a smaller-than-expected interest rate cut by the Federal Reserve this month. The precious metal, often seen as a hedge …

30 August 2024
Gold poised for monthly gain as market focuses on U.S. data

Gold prices (Symbol: XAUUSD) are showing resilience, poised to log their second consecutive monthly gain as market sentiment remains buoyant on the back of potential U.S. interest rate cuts. Spot gold was trading slightly lower at $2,517.91 per ounce, but …

29 August 2024
Asian shares fall as Nvidia’s earnings disappoint; investors focus on U.S. jobless claims

Key points: Asian shares followed Wall Street futures lower, with Nvidia’s stock dropping 7.6% after earnings missed bullish expectations. Investors are closely watching U.S. jobless claims and inflation data for potential shifts in Fed policy. Asian shares declined on Thursday, …

26 August 2024
Gold prices rise as Fed signals rate cut in September

Gold prices extended their gains as dovish signals from the Federal Reserve Chair boosted expectations for an interest rate cut in September. Discover how these developments may impact the market and traders in the short term -vtmarkets.com

22 August 2024
Gold dips as traders eye Fed rate cut and U.S. jobs data

Gold prices have taken a step back from their record highs as traders closely monitor developments around the U.S. Federal Reserve’s rate decisions and upcoming economic data.

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