Forex_Global

Forex_Global Updated 

In the early hours of September 8, the global gold price on the Kitco exchange was trading at $1,918.20 an ounce, up $1.8 from the previous trading hour. December gold futures traded 0.16% lower at $1,941.10 an ounce on the day. Gold prices rose after yields on 10-year U.S. Treasuries fell slightly as investors waited for more U.S. economic data to gauge interest...

Forex_Global Updated 

Global gold prices show no new moves today. Over the course of the week, the value of this precious metal has fluctuated considerably, sometimes dropping significantly to levels of $1,905/oz, but sometimes rising to the threshold of $1,935/oz (with an amplitude of about $30). This is due to conflicting information about the Fed's rate hike in July. In summary, the...

Forex_Global Updated 

In the current situation, the Fed has put an end to a string of rate hikes after the release of a report showing that the US unemployment rate has soared and wages have risen modestly, but labor market conditions are supporting consumption. It is possible that Polish. The dollar index also dropped 0.2%, making bullion more attractive to holders of other...

Forex_Global Updated 

2 minutes ago In the current situation, the Fed has put an end to a string of rate hikes after the release of a report showing that the US unemployment rate has soared and wages have risen modestly, but labor market conditions are supporting consumption. It is possible that Polish. The dollar index also dropped 0.2%, making bullion more attractive to holders of...

Forex_Global Updated 

After reaching a one-month high on the first day of September 2023, the global spot gold price hovered around $1,930 per ounce. Traders' and investors' risk appetite plunged to its lowest level in a short trading week on the back of US holidays and news about the Chinese economy. History shows that September and October can be volatile for stock and financial...

Forex_Global Updated 

After reaching a one-month high on the first day of September 2023, the global spot gold price hovered around $1,930 per ounce. Traders' and investors' risk appetite plunged to its lowest level in a short trading week on the back of US holidays and news about the Chinese economy. History shows that September and October can be volatile for stock and financial...

Forex_Global Updated 

After reaching a one-month high on the first day of September 2023, the global spot gold price hovered around $1,930 per ounce. Traders' and investors' risk appetite plunged to its lowest level in a short trading week on the back of US holidays and news about the Chinese economy. History shows that September and October can be volatile for stock and financial...

Forex_Global Updated 

Gold did not move much yesterday as the US market was closed. However, gold still ended the day with a slightly bearish candlestick due to weak demand for gold. Gold is likely to continue trading in a tight range in the absence of the release of major US economic data at present. The price of gold could continue to fall and accumulate before there is news strong...

Forex_Global Updated 

Gold did not move much yesterday as the US market was closed. However, gold still ended the day with a slightly bearish candlestick due to weak demand for gold. Gold is likely to continue trading in a tight range in the absence of the release of major US economic data at present. The price of gold could continue to fall and accumulate before there is news strong...

Forex_Global Updated 

Global gold prices moved slightly, aided by a small depreciation of the US dollar, as market participants grew more confident that the Fed might end its rate hikes. “The biggest impact on the gold price going forward is the expectation of the first rate cut by the Fed and changes in the pace of rate cuts,” said Craig Earlam, senior market analyst at OANDA. Then...

Forex_Global Updated 

Gold prices were trading at $1,939.6 an ounce this morning as the US market was closed for the Labor Day holiday. Gold rose more than 1.25% last week as Friday's non-farm payrolls data showed rising unemployment and the ISM manufacturing index showed continued US industrial growth. weakness. According to Kitco News' latest weekly gold survey, more than two-thirds...

Forex_Global Updated 

Gold prices were trading at $1,939.6 an ounce this morning as the US market was closed for the Labor Day holiday. Gold rose more than 1.25% last week as Friday's non-farm payrolls data showed rising unemployment and the ISM manufacturing index showed continued US industrial growth. weakness. According to Kitco News' latest weekly gold survey, more than two-thirds...

Forex_Global Updated 

More than two-thirds of retail investors expect precious metal prices to rise, according to Kitco News' latest weekly gold survey. And after weeks of caution and controversy, economic analysts are also optimistic about gold. Specifically, 64% of Wall Street analysts surveyed expect gold prices to rise this week. Sixty-seven percent of retail investors who took...

Forex_Global Updated 

Investors' hopes of another rate hike further undermined the precious metal's role as a safety net, and gold continued its 'shocking' decline today. That's why Cleveland Fed Chairman Loretta Mester said the Fed would have to raise interest rates to 4% in early 2023 and hold them there in order to bring inflation down to its target level. Expectations of higher US...