Share: XAU/USD is down over 7% since its 2023 peak in May. Economists at UBS analyze Gold’s portfolio role as the backdrop shifts. Short-term headwinds unlikely...
Share: Gold Price renews two-week high as bulls cheer sooner end of hawkish monetary policies. Downbeat activity data recalls challenges for “higher for longer” rates, fueling...
Share: Gold price recovers sharply, supported by Greenback’s correction as the US economy appears to lose resilience. US firms start to operate at lower capacity in...
Share: Gold price faces pressure as marginally weak US NFP and higher manufacturing PMI The US jobless rate rose to 3.8%. Fresh payrolls were 187k, outperformed...
Share: Gold holds steady above $1,910 ahead of Fed Chair Powell’s opening remarks at Jackson Hole. Economists at TD Securities analyze the yellow metal’s outlook. A...
Share: Gold price trades sideways as investors shift focus to the speech from Fed Powell at Jackson Hole. The market mood remains jittery as to whether...
Share: Jerome Powell sounded cautious with a hawkish tilt, leaving the door open for another hike in 2023. Markets are price back chances of a hike...
Share: Gold price attracts some buyers during the Asian session, albeit lacks follow-through. A modest US Dollar downtick turns out to be a key factor lending...
Share: CME Group’s flash data for gold futures markets noted traders reduced their open interest positions by just 575 contracts on Friday, adding to the previous...
Share: Gold price turns sideways after a solid recovery as investors await fresh triggers for further action. Fed’s Powell kept doors open for further policy tightening...
Share: Open interest in gold futures markets dropped for the third straight session, this time by just 84 contracts on Monday according to preliminary readings from...
Share: Gold price recovers strongly to near $1,920.00 as pressure builds on US Dollar and Treasury yields. Fed’s September policy action will be highly guided by...
Share: Gold Price remains sidelined at three-week high, prods two-day uptrend. Mixed concerns about China, cautious mood ahead of top-tier US data and sluggish yields test...
Share: Gold price breaks above $1,940.00 as US ADP Employment data turns out softer than expected. US firms invited fewer applications for jobs in July as resignations dropped....
Share: Gold Price stays firmer at four-week high, confirming the falling wedge bullish chart pattern. Downbeat United States data propel concerns about Federal Reserve policy pivot...
Share: Gold price oscillates above $1,940.00 as investors await US NFP data. The US ADP Employment report suggests that the NFP report could show job creation...
Share: Gold price struggles to capitalize on its modest intraday uptick to the $1,945 area on Friday. Bets for one more rate hike by the Federal...