EmiLy-Signals

EmiLy-Signals

Gold prices experienced a slight decline today due to the sluggish US economic data, making it difficult for the Federal Reserve to raise interest rates in the near future. In the upcoming period, gold is expected to trade within a range of $1,975-1,985 per ounce. Therefore, investors should remain cautious about the short-term prospects of gold given the higher...

EmiLy-Signals Updated 

The current trading price of gold today is around $1935 per ounce, experiencing a decrease of $3.76 per ounce compared to the previous trading session. Recent lackluster economic data from the United States suggests that it is unlikely for the Federal Reserve (Fed) to raise interest rates at their upcoming meeting this month. This will be beneficial for the gold...

EmiLy-Signals

The price of gold today is trading around $1,935 per ounce, which is a decrease of $8.4 per ounce compared to the previous trading session. The US Dollar is currently benefiting from the strong recovery seen last week, as China's economic difficulties reinforce the demand for safe-haven assets like the Greenback. As a result, this has had a negative impact on the...

EmiLy-Signals Updated 

The decline in the US Dollar amid the US Labor Day Holiday combined with mixed news between the US and China reinforced the XAUUSD uptrend Friday's US data boosted Gold buyers after the metal renewed its monthly peak. Powering the bullish trend of XAUUSD is stimulus measures from one of the world's largest Gold customers, namely China. Despite this, the US...

EmiLy-Signals Updated 

The overall performance of the US dollar has been relatively ineffective compared to its major currencies in the past week, with gold prices experiencing a strong recovery. The underlying reason for this is partly due to disappointing economic data from the world's largest economy. This contributes to financial markets increasingly pricing in less accommodative...

EmiLy-Signals Updated 

The price of gold continues to rise today and is trading around the $1943 per ounce range. While gold is increasing, it should be noted that this precious metal may struggle to break free from its current price level due to the context of the USD and bond yields remaining high. However, gold has demonstrated its strength by facing the highest bond yields in 15...

EmiLy-Signals Updated 

Starting the new week, gold continues its mild upward trend and is trading around the price range of 1944 - 1945 usd/ounce. The lackluster economic data released by the United States during the past week indicates that there is a possibility that the Federal Reserve (Fed) will not raise interest rates at this month's meeting. The USD and US government bond yields...

EmiLy-Signals Updated 

Gold prices have rallied strongly over the past week, also benefiting from safe-haven demand as traders become increasingly uncertain about the US economic outlook. All eyes are on Gold buyers as ADP Employment Change drops to 177K vs. market forecast of 195K and previous figure of 371K. Similarly, the second annual U.S. Gross Domestic Product (GDP) figures for...

EmiLy-Signals Updated 

The price of gold is increasing and reaching its highest level in 3 weeks, touching $1935 per ounce after a series of lower-than-expected US economic data. The ADP National Employment Report for August showed an increase of only 177,000 jobs, compared to the expected increase of 200,000 jobs. According to experts, the US stock market is trending upwards. The...

EmiLy-Signals Updated 

The price of gold continues to rise and trade steadily around the price range of $1945 per ounce. The weaker-than-expected economic data from the United States remains the main driving force behind the increase in gold, helping this precious metal establish its highest price level in 3 weeks. In addition to the weaker economic data, the price of gold has...

EmiLy-Signals Updated 

Gold prices today (31/8) continue to recover to the highest level in nearly 1 month and trade around $1945.4 per ounce as a series of data suggests that the US economy is slowing down, reinforcing the view that the Federal Reserve may pause interest rate hikes at its meeting on September 20. Job Openings and Labor Turnover Survey (JOLTS) data in the US fell to...

EmiLy-Signals Updated 

Gold prices are currently trading around the $1923 per ounce mark and are experiencing significant increases. Gold has surpassed the important threshold of $1920, with its next target being $1930. Buying is still the main trend. The support for this precious metal is likely due to the decline in the US dollar and bond yields, as investors await a series of US...

EmiLy-Signals Updated 

The price of gold rose by $16.7 compared to the previous trading session, reaching a three-week high of $1,936.5 per ounce. The release of the US Job Openings and Labor Turnover Survey (JOLTS) report and the Consumer Confidence Index showed lower-than-expected results, leading to increased demand for precious metals. Gold continues to maintain a strong recovery...

EmiLy-Signals Updated 

Gold prices continued to rise this morning, increasing by $16.7 compared to the closing price of yesterday's trading session, reaching $1,936.5 per ounce. Consumer confidence has significantly declined, leading the market to anticipate that the Federal Reserve will not raise interest rates for the US dollar this year. This is the main reason behind the sharp...

EmiLy-Signals Updated 

The current trading price of gold is stable at around $1935 USD, but there are still potential threats to the future of gold in the market. Although gold is facing short-term fluctuations, this precious metal continues to benefit from the ongoing market instability. The US labor market remains a key factor influencing the price of gold. The Federal Reserve (FED)...

EmiLy-Signals Updated 

The price of gold continues to rise, with gold reaching $1935.5 per ounce. Gold surged to its highest level in three weeks after the release of the US job report and consumer confidence index, both of which were lower than expected. Both reports support the monetary policy stance of the United States, indicating that the Fed has raised interest rates enough to...

EmiLy-Signals Updated 

Hello beloved readers! The price of precious metals in the market has increased by 7 USD/ounce and reached a milestone of 1923 USD, sometimes even reaching 1925 USD. The rise in gold prices is attributed to the decrease in the value of the US dollar. As a result, the US economy is entering a period of very low growth combined with persistent inflation, which...

EmiLy-Signals Updated 

Today, the price of gold in the trading market is at around 1920 USD and shows slight signs of increase. This week, the gold market is anticipating a series of important economic data releases such as employment reports, revised Q2 GDP along with expenditure indices, personal consumption expenditures (PCE), and production indices (ISM)... These data will assist...