Gold Price Inches Higher as Powell Signals Patience
Gold prices rise above $2,360 after Powell’s Senate testimony indicates a cautious approach to rate cuts.
Update: Gold Edges Up as Jerome Powell's Senate Testimony Offer No Hints on Rate-Cut Timing
(Updates prices.)Gold was mostly steady midafternoon on Tuesday even as the dollar edged higher ahead after Federal Reserve chair Jerome Powell completed the first of two days of congressional
Gold Edges Up Ahead of Jerome Powell's Congressional Testimony
Gold edged higher early on Tuesday even as the dollar edged higher ahead of two days of congressional testimony by Federal Reserve chair Jerome Powell and key inflation reports coming later this week.
Gains in Metals and Grains Drive Commodity Open Interest Value to a Six-week-high - JPM
Gold prices fell after investors took profit, ING said the gold rally will continue until the end of the year.
USA gold futures fell sharply on Monday as investors took profits. Last week, the price of gold rose sharply on expectations that the Federal Reserve might lower interest rates in September.
Update: Gold Drops Off a Seven-Week High Even as the Dollar and Treasury Yields Fall
(Updates prices.)Gold prices dropped off a seven-week high midafternoon on Monday as the dollar rose ahead of key U.S. inflation data coming this week.Gold for August delivery was last seen down US$32
Investors Pay Attention To Nvidia, Apple, And Microsoft Divergence; Election Shock In France
To gain an edge, this is what you need to know today. Market Cap Divergence Please click here for an enlarged chart of Invesco S&P 500 Eql Wght ETF (NYSE:RSP) compared to SPDR S&P 500 ETF Trust (NYSE
Gold Drops Off a Seven-Week High Even as the Dollar and Treasury Yields Fall
Gold prices dropped off a seven-week high early on Monday as treasury yields widened and the dollar fell ahead of key U.S. inflation data coming this week.Gold for August delivery was last seen down U
Exchange-Traded Funds, Equity Futures Edge Up Pre-Bell Monday Ahead of Powell Testimony, Inflation Data
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.03% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% higher in Monday's premarket activity, ahead of key inflation d
Huaxi Securities: Gold is currently in a long upward cycle and if the price falls in the future, it is expected to drive central banks around the world to purchase gold again.
According to a strategy research report from Huaxi Securities, in the long term, gold is in a large upward cycle. Firstly, in recent years, the scale of US debt has been expanding at an accelerated pace, and the pressure of interest payment continues to rise. After the conflict between Russia and Ukraine, the United States imposed financial sanctions on Russia, which has impacted the credibility of the US dollar. Due to concerns about the risk of US dollar credit and US dollar assets, central banks worldwide continue to increase their gold reserves.
Optimistic prospects for interest rate cuts have led to a general increase in major overseas asset classes such as US stocks, gold, silver, and crude oil. Weekly report on major overseas assets.
After the release of non-farm data for the week of July 1-5, the US stock and bond markets rose and the US dollar came under pressure. Upon realizing the 'data detail' that the data in the first two months before non-farm was cut by 0.11 million, US bonds sharply rebounded and the yield curve became steeper.
Gold and silver hit new one-month highs! Behind it is not only the boost of non-agricultural employment, but also the "big purchases" of the Reserve Bank of India.
The Non-Farm Payroll report released a significant signal of cooling in the US labor market, with expectations of a Fed interest rate cut rising and the US dollar under pressure. India's central bank gold reserves increased by over 9 tons in June, the highest level since July 2022.
Update: Gold Rises as Jobs Report Boosts Rate-Cut Hopes
(Updates prices.) Gold prices rose midafternoon on Friday as U.S. hiring slowed sharply in June, supporting expectations the Federal Reserve could move to lower interest rates as soon as September. Go
Gold and Silver Are Trading Higher Following US Employment Data.
Gold and Silver Are Trading Higher Following US Employment Data.
Express News | Gold and Silver Are Trading Higher Following US Employment Data
Gold Rises as Jobs Report Boosts Rate-Cut Hopes
Gold prices rose early on Friday as U.S. hiring slowed sharply in June, supporting expectations the Federal Reserve could move to lower interest rates as soon as September. Gold for August delivery wa
Exchange-Traded Funds Edge Higher, Equity Futures Mixed Pre-Bell Friday as Investors Await Hints About Potential Rate Cuts
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.04% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% higher in Friday's premarket activity, as investors wait for th
Gold Pushes Higher as Investors Expect Fed Will Start to Ease
Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking ahead to US payrolls data for the next batch of clues on the outlook.
Update: Gold Edges Off a Monthly High Midafternoon in Holiday Trading Despite Weaker Dollar
(Updates prices.) Gold edged down in light electronic trading midafternoon on Thursday with markets closed for the Independence Day holiday, dropping off a four-week high even as the dollar weakened.
Gold Edges Off Monthly High in Holiday Trading Despite Weaker Dollar
Gold edged down in light electronic trading on Thursday with markets closed for the Independence Day holiday, dropping off a four-week high even as the dollar weakened. Gold for August delivery was la