Gold News
Jobs Market Keeping US Economy Afloat
The unemployment claims beat expectations again yesterday as they came at 204K showing that the labour market remains in decent shape Full Article
Forex Signals Brief September 29: US and Eurozone Inflation Coming Up
Today we have consumer inflation figures from Japan, the Eurozone and the core PCE price index from the US, closing the week Full Article
Gold’s Decline Paused by US Dollar Retreat: A Comprehensive Overview
Over the course of this week, the price of Gold (XAU/USD) has witnessed a consistent dip, reaching a nadir not seen since March 10th, Full Article
Forex Signals Brief September 28: Mind the European CPI ahead of US Data
Yesterday's retail sales balanced the situation after Tuesday's soft data from the US and today we have plenty to come, but after the EU CPI Full Article
Gold’s Price Decline: Analyzing Key Drivers and Future Projections
Gold's value (XAU/USD) experienced a significant dip, reaching a six-and-a-half-month nadir in the vicinity of $1,873-1,872 on Wednesday, marking its sharpest one-day drop in two months. Full Article
Forex Signals Brief September 27: First Round of US Data Misses
Yesterday the New Home Sales and the CB Consumer Confidence missed expectations, coming weaker, today we have the retail sales from the US Full Article
Gold’s Valuation Faces Downward Pressure Amid Strengthening US Dollar
During Wednesday's early European trading session, Gold (XAU/USD) observed some selling momentum, with prices hovering around the $1,902 mark. Full Article
Gold Set for A Breakout As the Range Between MAs Gets Narrower
Gold has been bouncing off the 200 SMA but has found resistance at the 100 SMA on the daily chart, which are closing in Full Article
Forex Signals Brief September 26: Consumer Confidence, Home Sales on the Agenda
The FED is looking at the US Conference Board consumer confidence and new home sales to see where the economy stands Full Article
Gold Prices Slip Further Amid a Resilient USD and Hawkish Federal Reserve Outlook
Gold prices extend their downward trajectory observed over recent days, slipping further beneath the $1,915 benchmark and marking a new low for the week. Full Article
Forex Signals Brief September 25: Attention Shifts to Inflation This Week
Last week the attention was on the economic data, while this week traders will be focused on CPI consumer inflation data Full Article
US Employment Remains Solid, Keeping the Economy Afloat and the FED Still Hawkish
This week we had another positive jobs reports from the US, which shows that this sector remains in good shape, keeping the economy afloat Full Article
Forex Signals Brief September 22: Manufacturing and Services to Close A Volatile Week
This week's central bank meetings are over, but we have the manufacturing and services PMIs to be released still until the week closes Full Article
Gold Price Sees Mild Resurgence Amidst Prevailing Economic Indicators
Gold value exhibits a moderate uplift from its weekly low, settling around the $1,925 mark during Friday's Asian session. Full Article
Forex Signals Brief September 21: More Rate Hikes from the SNB and BOE
Yesterday the FED delivered a hawkish pause with the DOT Plot pointing to more rate hikes, today the SNB and the BOE should hike by 25 bps Full Article
Gold Price Observes Modest Revival Amid Hawkish Fed Stance
In Thursday's Asian trading session, the Gold price (XAU/USD) exhibited a slight rebound, lifting from its recent slump to approximately $1,928. Full Article
Forex Signals Brief September 20: The FED to Hold Rates at 5.50% in This Meeting
Markets have been quite this week, trading in a range as we approach the FOMC meeting which will be held later today Full Article
Gold Prices Stabilize Ahead of Federal Reserve’s Key Decision
Gold prices (XAU/USD) remain steady around the $1,930 mark during Wednesday's Asian trading sessions. Full Article
Forex Signals Brief September 19: Slight Retreat in the USD as We Await RBA Minutes and Canada Inflation
The RBA released it's meeting minutes earlier today, while later we have the last CPI reading from Europe and Canadian CPI inflation Full Article
Gold Stability Ahead of Central Banks’ Decisions; Eyes on $1,900 Threshold and Upcoming Rate Announcements
During Tuesday's Asian trading session, gold (XAU/USD) maintained its recent ascendancy above the $1,900 benchmark. Full Article