Share: The XAU/USD advanced to $1,980 after hitting $1,995 earlier in the session. Housing data from the US from October came in better than expected. Hawkish Fed speakers and US yields recovering halted the metal’s rise. The XAU/USD saw a slight upsurge in Friday’s session and is currently trading at $1,980 after hitting a
Gold (XAU/USD) Price, Analysis, and Charts UK CPI came in at a two-year low for October The Core measure also ticked lower Gold prices are closing back in on $2000 Learn How to Trade Gold With Our Complimentary Guide Recommended by IG How to Trade Gold Gold Prices continued to rise in Wednesday’s European session,
Share: Gold price rises for the straight third trading session due to easing US inflation. The US headline CPI rose at 3.2%, its slowest pace for two years. Investors await US Retail Sales, PPI, and the outcome of the Biden-Xi meeting. Gold price (XAU/USD) extends rally as easing price pressures in the US
Gold (XAU/USD) Analysis, Prices, and Charts US inflation report the next driver for gold’s price action. The 200-day simple moving average provides short-term support. Learn How to Trade Gold with our Complimentary Guide Recommended by Nick Cawley How to Trade Gold DailyFX Economic Calendar The latest US inflation report is released at 13:30 GMT today
US DOLLAR, EUR/USD, GBP/USD, NASDAQ 100, GOLD PRICE FORECAST The U.S. dollar slumps on falling yields following lower-than-expected U.S. inflation figures EUR/USD and GBP/USD break out to the topside, reaching multi-week highs Gold prices and the Nasdaq 100 also rally, flirting with key technical levels in both cases Recommended by Diego Colman Forex for Beginners
OCTOBER US INFLATION KEY POINTS: October U.S. inflation clocks in at 0.0% month-over-month, bringing the 12-month reading to 3.2% from 3.7% previously, one-tenth of a percent below expectations in both cases Core CPI increases 0.2 % m-o-m and 4.2 % y-o-y, also below estimates Lower than expected inflation numbers will give the Fed cover to
Share: Gold was able to gain something of a foothold again at the start of the week. Economists at Commerzbank analyze the yellow metal’s outlook. Gold likely to tread water ahead of US inflation data Gold’s recovery potential is likely to remain limited ahead of the US inflation data due to be published
GOLD, EUR/USD, NASDAQ 100 FORECAST Gold prices, EUR/USD and the Nasdaq 100 will be highly sensitive to the upcoming U.S. inflation report The U.S. Bureau of Labor Statistics will release October consumer price index data on Tuesday Headline CPI is seen rising 0.1% m-o-m and 3.3% y-o-y. Meanwhile, the core gauge is expected to clock
Market Week Ahead: US Dollar, Gold, GBP/USD, EUR/USD, Cryptocurrencies Download our Q4 Top Trading Opportunities for Free Recommended by Nick Cawley Get Your Free Top Trading Opportunities Forecast A strong end to the week with risk markets popping higher going into the weekend. Equity markets reclaimed Thursday’s minor losses and continued to push ahead, with
Share: Spot Gold prices are seeing further downside on Friday as investors pivot on Fed remarks. Fed looking more hawkish than market participants believed last week. US Dollar, US Treasury yields seeing gains for the week, Gold swoons. XAU/USD prices are testing towards the downside on Friday, edging towards $1,930 after yesterday’s hawkish
