Gold prices edge higher amid speculation over rates, Trump tariffs – Investing.com
Investing.com — Gold prices rose slightly in Asian trade on Tuesday, stabilizing after overnight losses as traders speculated on how tough trade tariffs President-elect Donald Trump plans will be. did. Markets are also awaiting further clues on US interest rates from key inflation data released this week, with the dollar hovering near a two-year high […]
Gold market analysis for January 13 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff He has been involved in the stock, financial and commodity markets for over 25 years. He was a financial journalist for the FWN Newswire Service for many years, including stints as a reporter on the rough-and-tumble commodity futures exchanges in Chicago and New York. As a journalist, he has covered every futures market […]
Gold (XAU) Silver (XAG) Daily Forecast: Can Gold Stay Above $2,677 Pivot Amid Rising Treasury Yields? – FX Empire
Those strong numbers supported the dollar, which is hovering near two-year highs, and pushed up U.S. Treasury yields. As a result, non-yielding assets like gold are less attractive to investors. Despite these pressures, uncertainty surrounding the US economic outlook and global geopolitical tensions have not diminished gold's appeal as a safe-haven asset. Silver falls on […]
Gold (XAU) Price Forecast: Will Safe-Haven Flows Offset Rising Yields Ahead of CPI? – FX Empire
Daily US Treasury 10 Year YieldGold's rally bucked typical market behavior as the 10-year Treasury yield soared to 4.79% and the U.S. dollar hit a multi-year high. This situation typically puts pressure on gold as the opportunity cost is high and the price becomes unfavorable for non-dollar buyers. However, growing concerns about the U.S. fiscal […]
Gold News: Trump Policy Risks Drive Prices Higher Despite Treasury Yield Spike – FX Empire
Will strong jobs numbers force the Fed to keep interest rates on hold? Nonfarm payrolls exceeded expectations in December, increasing by 256,000 compared to economists' expectations of 160,000. The unemployment rate fell to 4.1% and average hourly wages increased by 0.3%. This strong performance made it less likely that the Fed would cut rates immediately, […]
Gold Price Forecast: On Track for Highest Weekly Close in Seven Weeks – FX Empire
trend line breakout The trendline appears to be recognized by the market, as gold is currently scheduled to close at or near the trendline resistance. This is the upper bound of a downtrend channel. Today's high was above the line, but signs of further trend strength are needed to indicate a near-term upside potential. A […]
Gold flirts with multi-week top despite bullish USD; seems poised to climb further – FXStreet
Gold prices have turned positive for the third day in a row, with a variety of factors providing support. Geopolitical risks, trade war concerns, and falling US Treasury yields are supporting the XAU/USD pair. Traders are now hoping for some stimulus from Fed speakers ahead of Friday's US NFP report. Gold prices (XAU/USD) regained positive […]
Gold price rallies despite strong US NFP report – FXStreet
Despite strong US employment gains, gold rebounded 0.69%, challenging the Fed's interest rate cut policy. Gold rebounded from a post-labor data slide as investors weighed the Fed's cautious deflationary stance. Upcoming US inflation and retail sales data will influence the trajectory of gold and Fed policy. Gold prices rebounded from Friday's daily lows, extending their […]
Gold price stands tall near multi-week top; looks to US NFP for fresh impetus – FXStreet
On Friday, gold prices attracted buyers for the fourth day in a row amid the flow of some haven funds. The Fed's hawkish stance, rising U.S. Treasury yields and strength in the U.S. dollar should limit any gains. Traders may also choose to wait for the release of the key US NFP report, which is […]
Trump Returning To Arlington Cemetery To Meet With Gold Star Families Ahead Of Inauguration
President-elect Donald Trump plans to visit Arlington National Cemetery on Sunday ahead of Inauguration Day to meet with the Gold Star families of 13 soldiers killed in the Biden administration's Afghanistan withdrawal, Trump reports. A government official confirmed this to the Daily Caller. Trump and his Gold Star family will participate in a wreath-laying ceremony […]