Gold futures declined on Thursday to tally a third loss in a row, pressured in part by strength in the U.S. dollar. The benchmark ICE U.S. Dollar Index DXY, +0.46% touched a nine-month high and some upbeat U.S. economic data, including a rise in the leading economic index in July, helped to dull demand for haven gold. December gold GCZ21, -0.07% fell by $1.30, or...
U.S. stocks are seen opening sharply lower Thursday, continuing the previous session’s selloff after the minutes of the last Federal Reserve meeting pointed to an early start to the tapering of its monetary stimulus. At 7 AM ET (1100 GMT), the Dow Futures contract was down 285 points, or 0.8%, S&P 500 Futures traded 35 points, or 0.8%, lower, while Nasdaq 100...
held steady after minutes from the Federal Reserve’s July meeting showed most officials agreed they could start reducing the pace of bond-buying this year due to progress on inflation and unemployment goals. “Various participants commented that economic and financial conditions would likely warrant a reduction in coming months,” said minutes of the Federal Open...
held steady after minutes from the Federal Reserve’s July meeting showed most officials agreed they could start reducing the pace of bond-buying this year due to progress on inflation and unemployment goals. “Various participants commented that economic and financial conditions would likely warrant a reduction in coming months,” said minutes of the Federal Open...
Gold futures climbed Monday for a second straight session, settling at their highest in over a week. "Disappointing economic data out of China and a lacklustre U.S. Empire manufacturing survey for August, has seen U.S. 10-year yields slip back further after their sharp fall on Friday," said Michael Hewson, chief market analyst at CMC Markets UK. That helped push...
An analytical report issued by Into The Block revealed that the majority of holders of the Dogecoin “DOGE” digital currency are making profits. The Doge cryptocurrency is up 30% over the past 7 days. While the price of Ethereum rose to 18.9%, and Bitcoin to 15.5%. The rise of the cryptocurrency Dogecoin has also surpassed Cardano (ADA), which is up 11.4%. While...
s per the Comex rating of the New York Mercantile Exchange, December gold futures were trading at USD1730.55 per ounce at the time of writing, up 1.85%. It was kept in an adjacent condition. Gold may find points of support at USD1677.90 and resistance at USD1835.90. The dollar index , which measures the performance of the US dollar against the US dollar , rose...
As per the Comex rating of the New York Mercantile Exchange, December gold futures were trading at USD1730.55 per ounce at the time of writing, up 1.85%. It was kept in an adjacent condition. Gold may find points of support at USD1677.90 and resistance at USD1835.90. The dollar index, which measures the performance of the US dollar against the US dollar, rose...
The GC 15 Min time frame is in a large up trend. The market hit the up trend and is showing signs of pushing bullish towards up Fibonacci Entry: Counter trend line break bullish in the buy zone. STOP: 1809.09 LIMIT: 1837.04 As long as the market stays above the long term up trend line . It will be a good idea to turn to the five minute time frame and to...
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