Further gains on the cards

Share: CME Group’s flash data for gold futures markets noted open interest rose for the third session in a row on Friday, this time by more than 1K contracts. Volume followed suit and went up by nearly 64K contracts after two consecutive daily drops. Gold now retargets $1900 Friday’s marked rebound in gold

Gold, Oil, Stocks, US Dollar, Euro, Pound, Yen, BTC at Tipping Point

Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: September Jobs Report: Payrolls at 336,000; Gold and US Dollar Go Their Own Way U.S. stocks sank in the third quarter, hurt by soaring U.S. Treasury yields. During this period, the

Attack on Israel could boost appeal of gold and safe haven assets By Reuters

© Reuters. Israel’s Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from Ashkelon in southern Israel October 7, 2023. REUTERS/Amir Cohen NEW YORK (Reuters) – Investors are closely watching events in Israel as a geopolitical risk to markets, with some expectation the violence could prompt a move into safe haven

Payrolls at 336,000; Gold and US Dollar Go Their Own Way

SEPTEMBER LABOR MARKET REPORT September U.S. nonfarm payrolls increased by 336,00 versus 170,000 expected. The unemployment rate held steady at 3.8%, one-tenth of a percent above estimates. Average hourly earnings clocked in 0.2% m-o-m and 4.2% y-o-y, slightly below forecasts Most Read: Seasonality and Historical Q4 Performance of U.S Equities: S&P 500 and Nasdaq 100

What’s in Store for Nasdaq 100, USD, Yields, and Gold?

US NFP REPORT KEY POINTS: The U.S. economy is forecast to have created 170,000 jobs in September. The unemployment rate is seen ticking down to 3.7% from 3.8% previously, signaling persistent labor market tightness. A strong NFP report will be positive for U.S. yields and the U.S. dollar, and bearish for gold and stocks. Most

Gold Dulls Further on Soaring Real Yields

GOLD OUTLOOK & ANALYSIS Higher US Treasury yields add to gold pains. ADP employment change, ISM services PMI and Fed speakers under the spotlight today. Oversold RSI a sign of gold upside to come? Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Gold prices are trading lower for the 8th consecutive