Gold Price (XAU/USD), Silver Price (XAG/USD) Analysis, Price, and Chart Gold struggles to hold prior support. Silver eyes the 200-day simple moving average. Recommended by Nick Cawley Get Your Free Gold Forecast US Treasury yields turned sharply lower at the end of last week after the latest US Jobs Report showed hiring slowing down in
Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar managed to outperform its major counterparts this past week despite a weak finish on Friday. That followed the nonfarm payrolls report where the headline rate of jobs growth slightly missed expectations. But, a lower unemployment rate and still-strong average hourly earnings meant that
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Share: Gold price has recovered significantly since autumn last year. Economists at Commerzbank analyze the yellow metal’s outlook. Gold seen trending sideways near $1,950 in the short term Gold price is likely to trend sideways in the short term, as uncertainty about the future path of US monetary policy remains high. Lower US
JULY LABOR MARKET REPORT July U.S. nonfarm payrolls at 187,000 versus 200,000 expected Unemployment rate ticks down to 3.5%, one-tenth of a percent below consensus estimates Gold rises while the U.S. dollar slides following the release of the employment report Recommended by Diego Colman Get Your Free USD Forecast Most Read: Euro Price Outlook –
Gold, XAU/USD, US Dollar, DXY Index, Treasury Yields, GVZ, Fibonacci – Talking Points The gold price has been sidelined in a week of action elsewhere The US dollar and Treasury yields have found firmer footing amidst the risk aversion Volatility has ticked up a notch. Does it imply a move ahead for XAU/USD? Recommended by
JULY NONFARM PAYROLLS REPORT The U.S. Bureau of Labor Statistics will release the July employment survey on Friday The U.S. economy is expected to have added 200,000 jobs last month, following a gain of 209,000 jobs in June. The strength of the report relative to market expectations will determine the outlook for gold and the
GOLD PRICES FORECAST: Gold prices retreat for a second consecutive day amid rising yields after better-than-expected U.S. economic data Traders should focus on the ISM services PMI and the U.S. labor market report in the coming days This article looks at key XAU/USD’s levels to watch this week Trade Smarter – Sign up for the
Share: Gold price recovers as investors await US labor market data. The US Dollar Index struggles for a firm footing as US Factory activities contract for ninth months consecutively. The impact of a decline in Gold demand, reported by the World Gold Council, starts fading. Gold price (XAU/USD) bounced back after gauging intermediate
Gold, XAU/USD, US Dollar, DXY Index, Fitch, AA+, Treasury Yields, GVZ – Talking Points The gold price appears directionless despite moves in other markets The Fitch announcement might see pressure on risk assets and haven asset tailwinds If volatility emerges in the gold price, will it help or hinder the precious metal? Recommended by Daniel
