DCFX-TA

XAUUSD | Market outlook

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
  • US Dollar Index consolidates weekly gains around 92.50

  • U.S. Treasury yields were lower on Friday after a strong payroll report left uncertainty about how the Federal Reserve might respond.

  • The benchmark 10-year yield was down 3.9 basis points at 1.4407% in midday trading. That was close to its level before the morning release of new Labor Department data showed U.S. job growth accelerated in June.

  • Gold rose on Friday, climbing further from a two-month trough hit earlier in the week.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.