Gold News Gold Spot : Rose by 1% to $2,325 per ounce. Gold Futures : Increased by 1% to $2,331.5 per troy ounce due to optimism for U.S. interest rate cuts. Economic Data : U.S. private sector job growth slowed in April, which could lead the Federal Reserve to ease monetary policy. Interest Rates and…
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Gold News Gold prices have stabilized at $2,300 per ounce after a drop to a nearly 1-month low of $2,277. The price stabilization occurred as investors capitalized on higher gold valuations to book profits. This activity persisted despite the release of weaker-than-expected US labor data. The labor data led to speculation that the Federal Reserve…
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Gold News Gold Futures : Gold prices increased by 0.45% to $2,321.4 per troy ounce, with a rebound from a four-week low, following softer-than-expected remarks from the U.S. Federal Reserve. MUFG’s Forecast : MUFG has a strong bullish stance on gold, predicting a year-end price of $2,350 per ounce, which is now considered a modest…
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Gold News Gold Prices : Spot gold remained near a four-week low, flat at $2,285.69 per ounce as of the latest update, following a drop due to a stronger dollar and U.S. Treasury yields. Recent Low : The price had fallen over $140 from a record high of $2,431.29 on April 12. U.S. Gold Futures…
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Gold News Author : Arman ShabanTo see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Joinus on other Platforms : – Public Telegram Channel– YouTube Channel– TradingView– X (Twitter)– How to join our FOREX VIP Channel ?– How to join our Crypto VIP Channel ?– CONTACT ME directly on Telegram
Gold News Author : Arman ShabanTo see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Joinus on other Platforms : – Public Telegram Channel– YouTube Channel– TradingView– X (Twitter)– How to join our FOREX VIP Channel ?– How to join our Crypto VIP Channel ?– CONTACT ME directly on Telegram
Gold News Author : Arman ShabanTo see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Joinus on other Platforms : – Public Telegram Channel– YouTube Channel– TradingView– X (Twitter)– How to join our FOREX VIP Channel ?– How to join our Crypto VIP Channel ?– CONTACT ME directly on Telegram
What is ADP Non-Farm Employment Change and its effects on the Forex market and Gold Price ? ADP Non-Farm Employment Change is an economic indicator that shows the monthly change in the number of employed people in the private and non-farm sector of the US. This indicator is based on the payroll data of about…
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The Flash Manufacturing PMI is a preliminary estimate of the Purchasing Managers’ Index (PMI) for the U.S. manufacturing sector, based on a survey of purchasing managers from around 800 manufacturers. The Flash Manufacturing PMI can affect the forex market by influencing the demand and supply of the U.S. dollar, which is the world’s reserve currency…
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The PPI, or the Producer Price Index, is a measure of the change in the price of goods and services sold by producers. It is an important indicator of inflation, as higher PPI means higher costs for producers, which may be passed on to consumers. The PPI can affect the forex market and the gold…
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