Stocks Are Skipping 'Santa Claus Rally' Again. That Doesn't Bode Well for January

MarketWatchDec 30, 2024 14:43 ET

Gold Price Outlook: Key Levels to Watch for Potential Upside

FXStreetDec 31, 2024 04:04 ET

Gold Trade Alert: The gold price has fallen below the 100-day moving average, possibly aiming for the 200-day moving average?

On Tuesday (December 31), at the beginning of the Asian market, spot Gold was fluctuating within a narrow range, currently trading around USD 2606.57 per ounce. Gold prices fell by 0.6% on Monday during quiet trading, briefly dropping below the USD 2600 mark to USD 2595.98 per ounce, closing at USD 2605.62 per ounce, below the critical position of the 100-day moving average near USD 2619. The USD index briefly hit a one-week high, putting pressure on Gold prices. However, most traders are waiting for new catalysts, including next week’s USA economic data, which could affect the Federal Reserve's interest rate outlook for 2025, as well as the incoming president.

FX678 FinanceDec 30, 2024 18:54 ET

U.S. Growth Is Well Above Trend: State Street's Dixon

BloombergDec 30, 2024 16:53 ET

Another Day, Another Lack of Santa Rally | Wall Street Today

Kevin TraversDec 30, 2024 16:05 ET

Washington Preps for Carter State Funeral

BloombergDec 30, 2024 15:18 ET