Gold Price Outlook: XAU/USD dips below $3,650 as traders take profits
Gold prices fell to approximately $3,630 during early trading in Asia on Friday. A stronger U.S. dollar and profit-taking are likely to push down gold prices. Expectations of possible lower Federal Reserve rates and ongoing geopolitical tensions may help limit gold’s decline and enhance the demand for safe assets. During the early hours of trading […]
Gold price exceeds the inflation-adjusted peak reached in 1980
Gold prices have hit a new inflation-adjusted record, surpassing a peak established over 45 years ago, driven by growing concerns about the U.S. economy. This marks a significant continuation of a bullish trend over the past three years. In October, gold spot prices surged nearly 5%, reaching an unprecedented high of $3,674.27 on a recent […]
Bitcoin targets $115K based on CPI data as traders split on another BTC price drop
Bitcoin Nears a Three-Week High Amid CPI Data Releases Key Points: Bitcoin is nearing a three-week peak as US CPI data aligns with projections. Market participants note that Bitcoin appears high as more investors lock in positions for the long term. The Consumer Price Index (CPI) has influenced Bitcoin prices over recent months. On Thursday, […]
Consumer Price Index expected to indicate persistent inflation, raising questions about significant interest rate cuts.
US Inflation Updates The annual inflation rate in the US, as measured by the consumer price index (CPI), climbed from 2.7% in July to 2.9% in August, according to the US Bureau of Labor Statistics (BLS). This was in line with what analysts were predicting. Month-over-month, the CPI increased by 0.4%, a step up from […]
Gold price update for Thursday, September 11, 2025: Gold continues to rise, up 40% this year
Gold Futures Update Gold futures started off Thursday at $3,680.60 per ounce, reflecting a 1% rise from Wednesday’s closing price of $3,643.60. Notably, the price of gold has surged by nearly 40% this year. Today, the Bureau of Labor Statistics released its consumer price index data for August. Analysts are predicting a price increase of […]
GBP/USD remains steady above 1.3500, maintains silence following RICS Housing Price Balance
GBP/USD remains stable as the UK’s RICS home price balance dropped to -19% in August. The US dollar may weaken due to easing PPI expectations that had relaxed in September. Stronger US consumer price index data for August could raise the chances of a potential FED rate reduction next week. GBP/USD hasn’t changed much for […]
USD/JPY Price Outlook: Stabilizes around 147.30 with steady RSI
USD/JPY is experiencing a second day of consolidation, with the RSI around 147.36, indicating a lack of clear momentum. Bulls are aiming for a breakout above 147.50, targeting 148.00 and the 200-day SMA at 148.69 for possible further gains. However, if the support at 147.00 fails, there could be a decline towards the 100-day SMA […]
Robinhood Stock Reaches a New Record Price Target
Robin Hood (Nasdaq: Hood) has seen its stock surge, rising 215% since the year began and nearing an all-time high. This upward movement was fueled recently by the announcement that the trading platform will be included in the S&P 500 index. Enhancing Your Investment Strategy: Check out Tipranks Premium, currently available at 50% off. It […]
Reasons Behind the Increase in Alibaba’s Stock Price Target from Jefferies’ Leading Analyst
Alibaba (BABA), the Chinese e-commerce giant, has seen its stock rise a remarkable 73% since the beginning of the year. This surge is largely attributed to substantial advancements in artificial intelligence, cloud services, and online retail. In a recent report, analyst Thomas Chong from Jeffreys reiterated his buy ratings on the stock, adjusting his price […]
Eagles tickets for the Las Vegas Sphere fall in price again: Where to purchase
It seems like the Eagles’ Las Vegas residency, which had been a huge hit for nearly a year, might be experiencing a shift. Just a couple of weeks ago, tickets for their spectacular performances started at around $370, but something has changed. Recently, ticket prices for shows featuring Don Henley, Joe Walsh, Deacon Frey, Vince […]