HDTradingMaster
On the world market, spot gold price on Kitco floor on August 19 traded at 1,889 USD/ounce. The world gold market was under pressure, causing the US Treasury bond yields and the USD index to increase. Yields on 10-year US Treasuries hit their highest level in 15 years. The USD index recorded a 9-week high, closing at 103 points. Bond interest rates increase the...
The world gold market was under pressure, causing the US Treasury bond yields and the USD index to increase. Yields on 10-year US Treasuries hit their highest level in 15 years. The USD index recorded a 9-week high, closing at 103 points. Bond interest rates increase the possibility that the US Federal Reserve (Fed) maintains the current high interest rates, not...
Gold prices in the international market continued to weaken as investors feared risk after the US Federal Reserve (FED) expressed concern about using, to the possibility of raising interest rates. US monetary policymakers believe that future interest rate decisions will depend on macroeconomic data. It is possible that this information has ended the financial...
The gold market continues to fall near a 5-month low. According to a report by the US Department of Labor, the number of weekly jobless claims fell by 11,000 to 239,000. This metric provides little insight into the health of the economy. Therefore, the next direction of gold cannot be determined. Despite short-term selling pressure, analysts at Australia-based...
World gold price this morning continued its downtrend with spot gold down 2.5 USD to 1,888.9 USD/ounce. December gold futures were last traded at $1,919.1 per ounce, down $9.2 from the previous morning. World gold continued to trade at the lowest level within 5 months as bond yields continued to increase after the minutes of the July monetary policy meeting of...
The world gold price continued to fall in a row, the market forecast that the US Federal Reserve (Fed) was about to tighten the currency. The USD and US government bond yields have increased in recent sessions, causing investors to increasingly turn away from gold to redirect speculation on profitable assets. The 10-year US government bond yield increased...
Gold trades near a six-month low after the minutes of the central bank's July monetary policy meeting were drawn up. The minutes showed that the US Federal Reserve (Fed) still maintained a "hawkish" view on monetary policy and to oppose other options to raise interest rates due to high pressure to use. Gold price trend forecast, despite short-term selling...
The radiant world gold price now continued its decline with spot gold down 10.2 USD to 1,891.4 USD/ounce. Gold futures in December traded at the end of the period at $1,928.3 per ounce, down $6.9 from the previous morning. Gold trades near a six-month low after the minutes of the central bank's July monetary policy meeting were drawn up. The minutes showed that...
Gold continued to fall slightly to a 5-month low as pressured by a better-than-expected US economic report. Specifically, the US retail sales report for July increased by 0.7% compared to June, which was a surprise and higher than market expectations of a 0.4% increase compared to June and as So with a 0.2% gain in the June report. The report is a hawk on US...
The radiant world gold price now continued to decline slightly with spot gold down 5.2 USD to 1,901.6 USD/ounce. December gold futures last traded at $1,933.4 per ounce, down $10.6 from the previous morning. Gold prices are trading at a five-month low, under selling pressure even as the New York Federal Reserve reported a sharp drop in activity in the region's...
Forecasting the gold price trend, the latest gold price survey shows that experts believe that gold will still find it difficult to find a price increase in a short time. However, the precious metal's decline will be capped by demand from the world's major central banks. A recent report by the World Gold Council shows that central banks have not finished the race...
Gold price fell today due to the increasing pressure of USD. Earlier this morning, the US Dollar Index, which measures the volatility of the greenback, rose above 103 points, taking away gold's attractiveness to buyers holding other currencies. Gold bulls are also timid when the technical factors of gold are falling. In the past week, the world gold metal...
December gold futures hit a five-month low at the start of the week as pressured by a stronger dollar. Early this morning, the US Dollar Index, which measures the volatility of the greenback, rose above 103 points, taking the attraction of gold to buyers holding other currencies. Gold bulls are also jarring as gold's technicals are falling. In the last week, the...
In a recent report, Goldman Sachs' economic team forecasts that the Fed will cut rates in the second quarter of 2024 regardless of whether the Crash occurs or not. However, banking experts warn, in the meantime, rates could hold steady if usage doesn't cool down fast enough. After several attempts in the biggest rate hike campaign in history, the Fed's regular...
Last week, gold saw its second consecutive week of bold errors as it fell about 1% for the week after the US consumer price index (CPI) and producer price index (PPI) reports showed apply play still. The precious metal has been kept in neutral range by opposing opinion around whether material losses have peaked or more yield gains remain. The latest gold price...
Gold prices last week saw their second consecutive week of big errors as they fell about 1% after the US consumer price index (CPI) and producer price index (PPI) reports showed continued downward pressure. play still . The precious metal has been kept in neutral range by opposing opinion around whether material losses have peaked or more yield gains remain. In...
In general, the world gold price is fluctuating with a gentle amplitude, flipping horizontally in recent trading sessions. Gold prices are standing neutral pending a decision on interest rate changes from the Federal Reserve (Fed). Over the past week, the market has received a series of important information about the US economy. However, this data cannot well...
World gold price continued to fall sharply for the fourth consecutive session. The main reason is that the US announced the consumer price index (CPI) in July increased by 0.2% compared to the previous month, as expected and on par with June. Core CPI, which excludes food and energy prices, was also unchanged from the previous month at 0.2%. Core CPI for the...