Gold surges on mixed US jobs data and FOMC minutes – FXStreet
Gold rose after Fed minutes signaled a possible slowdown in the rate cutting cycle. The U.S. dollar index continues to rise, while U.S. Treasury yields have retreated slightly from recent highs. Gold market watchers will be keeping an eye on the US non-farm payrolls report and consumer sentiment data. North American trading comes after the […]
Gold (XAU) Silver (XAG) Daily Forecast: Can FOMC Minutes Trigger a Breakout Above $2,650 for Gold? – FX Empire
Silver Shows Resilience Amid Mixed Signals Silver price (XAG/USD) is holding near $30.03 with an intraday high of $30.1565, reflecting cautious optimism among traders. Like gold, silver faces headwinds from a strong dollar and rising yields, but its dual role as an industrial asset and safe-haven asset supports current price levels. The upcoming FOMC minutes […]
Gold price in India: Rates on January 8 – FXStreet
Gold prices fell in India on Wednesday, according to data compiled by FXStreet. Gold price fell at INR 7,303.81 per gram compared to INR 7,313.69 on Tuesday. Gold price fell to Rs 85,189.29 per tola from Rs 85,305.47 per tola the previous day. unit measurement Gold price in INR 1 gram 7,303.81 10 grams 73,037.31 […]
‘Gold bar’ Bob Menendez gets support from convicted drug dealer
Ahead of his sentencing later this month, disgraced former senator Robert Menendez, a convicted drug smuggler and former U.S. diplomat in Cuba who he allegedly tried to recruit as a spy, will be sentenced later this month. Letters of support have been received from former New Jersey mayors who have been indicted on corruption charges. […]
USA Hockey Wins Back-To-Back Gold Medals After Defeating Finland In Overtime
united states of america! united states of america! united states of america! Team USA hockey program wins consecutive gold medals Sunday's upset win over Finland in Ottawa earned them their first win at the World Junior Hockey Championship. (Related: There's an incredibly ridiculous reason why ESPN didn't air a pro-American ceremony before the Sugar Bowl: […]
Gold price in India: Rates on January 6 – FXStreet
Gold prices in India remained almost flat on Monday, according to data compiled by FXStreet. Gold price was almost stable at INR 7,276.11 per gram compared to Friday's INR 7,278.81. Gold prices were broadly stable at Rs 84,867.09 per tola from Friday's Rs 84,898.62. unit measurement Gold price in INR 1 gram 7,276.11 10 grams […]
Gold price moves away from multi-week high on hawkish Fed expectations – FXStreet
Gold prices fell for the second day in a row on Monday, but the downside appears to be limited. The Fed's hawkish signals continue to support and put some pressure on US Treasury yields. Geopolitical risks and trade war concerns may continue to support the safe-haven XAU/USD. Gold prices (XAU/USD) failed to capitalize on Monday's […]
Gold News: Could Strong Jobs Data Cap XAU/USD’s Upside Potential? – FX Empire
Weekly US Treasury Bond 10 Year YieldRising US Treasury yields have been one of the main hurdles for gold. Since October, the 10-year Treasury yield has risen from 3.599% to 4.631%, reflecting inflation concerns and strong economic performance. The dollar followed a similar trend, with the US dollar index reaching 108.541. When the dollar strengthens, […]
Gold Price Forecast: Targets Higher Resistance After Weekly Reversal Signals Strength – FX Empire
Weekly chart shows strength The longer time frame weekly chart (not shown) shows more strength than what is seen on the daily chart. The breakdown from an inside week pattern earlier this week has since turned higher, rising above last week's high of 2,639. If gold is able to close above its highs this week, […]
Gold price in India: Rates on January 3 – FXStreet
Gold prices rose in India on Friday, according to data compiled by FXStreet. Gold price rose to INR 7,342.11 per gram compared to INR 7,331.93 on Thursday. Gold price rose to Rs 85,636.88 per tola from Rs 85,518.23 per tola the previous day. unit measurement Gold price in INR 1 gram 7,342.11 10 grams 73,421.06 […]