Gold price: After the release of weak US economic data, MCX gold prices opened with an upward gap at ₹98,248 per 10 grams and quickly rose to an intraday high of ₹98,378 shortly after the market opened on Friday, June 6. The precious metal settled 0.02 per cent higher to ... Read More
Monthly Archives: June 2025
Investors in gold are having the time of their lives. Gold prices have surged to record highs, all thanks to rising demand for safe-haven assets. But why this sudden liking for gold? Blame it on the rising global economic uncertainties and geopolitics. Starting with global central banks who started boosting ... Read More
Bearish Price Action Today’s short-term bearish price action reflects weakness following a potentially significant bull breakout that was triggered on Monday. A double breakout occurred on Monday as gold rose above a downtrend line and prior swing high (B). Today’s price action shows a potential failure of the breakout, as ... Read More
Gold Markets Weekly Technical Analysis The gold market initially rallied during the trading week, but we have given back a little bit. And now on Friday, we’ve got a better than anticipated jobs number. This, to me, looks like a market that is getting ready to hang around and just ... Read More
US NFP labour report eases expectations of a Fed rate cut, pushing XAU/USD prices lower.USD receives a boost from easing US-China tensions and better-than-expected US employment data on Friday, capping Gold gains.Gold prices threaten channel support with psychological resistance at $3,350.Gold prices are extending losses against the US Dollar (USD) ... Read More
<a href="https://news.google.com/rss/articles/CBMimwFBVV95cUxPNWlocFdoY3NNOUl1aklYMTdQeGhzTVFPZko5UG12VUk5UFFCdWJDeGVqdzZmOVFJR3hiMG1NY3A5NFB0RXdtZU9hYS14anJJc1d6MjE4NWZiZGdEUUZUc21VcFBmT01jQXE0UFFTNWNNX1pnVmozaWp3QmJ5VUVHZGtjRHFqSldiNkdnMmZoNWJRN1VVdEhRQmctaw?oc=5" target="_blank">Gold Price Outlook – Gold Pulls Back after NFP</a> <font color="#6f6f6f">FXEmpire</font> Source link ... Read More
<a href="https://news.google.com/rss/articles/CBMiygFBVV95cUxQZEtieEgtZGVMenpQbHJJVmJ4dnFEM3VOVmtwM0oxZlJaWVlvbER2MkhWMlZDeHZQdUItakd4aDhfQkRncU00UWNLWmNiQ1lJaGk5WUVTUV8zVzQ1aUt5bTFLTFdSRk1HTkc0VkQ1cU9NRWoyNFp6bGI4RVlZeDZVMkRHUERxNGpkWFB0Szk5QmxiZlpJWFhpU2g1M0duRDk5LV9BZ1FuZkphdnFUeWY4QjdjY0FZVkV4NTlvQzNQeEF6WVBiSTQxVF9n?oc=5" target="_blank">Gold Price Forecast – Silver and Miners Soar While Gold Fails to Confirm Breakout</a> <font color="#6f6f6f">FXEmpire</font> Source link ... Read More
Nonfarm Payrolls (NFP) in the United States (US) rose by 139,000 in May, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 147,000 increase (revised from 177,000) recorded in April and came in slightly better than the market expectation of 130,000.Follow our live coverage here.Other ... Read More
Gold trims gains as the Dollar picks up ahead of the US NFP reading.US economy is expected to have created 130,000 jobs in May.XAU/USD shows a bearish divergence, which points to a weaker bullish momentum.Gold (XAU/USD) is practically flat on Friday, trapped within the last few days' trading range. The ... Read More
Silver price rises further to near $36.20, aiming to balance valuation in comparison with Gold.Improving Sino-US trade relations fail to limit the Silver’s upside.Investors await the US employment data for May for fresh cues on the Fed’s monetary policy outlook.Silver price (XAG/USD) refreshes over a decade high to near $36.20 ... Read More