US jobs data fell short of expectations, with May's ADP report showing just 37,000 new jobs. The services sector also contracted, adding to concerns about economic weakness. US Treasury yields dropped as markets priced in a possible Fed rate cut by September. Political pressure and growing fiscal deficits add to ... Read More
Nonfarm Payrolls in the US are forecast to increase by 130,000 in May.Gold is likely to react stronger to a disappointing jobs report than an upbeat one.Previous data analysis shows that Gold's price inverse-correlation with NFP surprise weakens slightly by the fourth hour after the release.Historically, how impactful has the ... Read More
Silver (XAG/USD) followed a similar trajectory, slipping to $34.47 after an early session low of $34.43. Despite the minor retreat, silver remains on a firm footing, buoyed by dovish expectations surrounding the Federal Reserve and a persistent global risk premium. Weaker Economic Data Undermines Yields, Bolsters Bullion Expectations of a ... Read More
Gold rose nearly 1% on Wednesday, climbing to $3,393 before easing back to test support near $3,364, as investors absorbed... Written by: Arslan Butt • Thursday, June 5, 2025 • 2 min read Add an article to your Reading ListRegister now to be able to add articles to your reading ... Read More
Gold rates and silver rates have been volatile in the last few weeks. (AI image) Gold and silver price prediction: Gold rates and silver rates have been volatile in the last few weeks, though recently there are signs of MCX Gold and MCX Silver rising. Precious metal prices are affected ... Read More
Gold prices fell in United Arab Emirates on Thursday, according to data compiled by FXStreet. The price for Gold stood at 397.69 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 398.23 it cost on Wednesday. The price for Gold decreased to AED 4,638.61 per tola from ... Read More
Gold prices fell in Pakistan on Thursday, according to data compiled by FXStreet. The price for Gold stood at 30,536.33 Pakistani Rupees (PKR) per gram, down compared with the PKR 30,578.67 it cost on Wednesday. The price for Gold decreased to PKR 356,166.10 per tola from PKR 356,663.60 per tola ... Read More
Gold prices fell in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 9,297.71 Indian Rupees (INR) per gram, down compared with the INR 9,313.37 it cost on Wednesday. The price for Gold decreased to INR 108,443.00 per tola from INR 108,629.30 per tola ... Read More
Gold price consolidates previous gains below $3,400 early Thursday.The US Dollar bounces after weak US data-led declines, will it last? Gold price battle with key resistance zone at $3,377 on the daily chart extends.Focus remains on Russia-Ukraine geopolitical updates, trade headlines. Gold price is consolidating the previous recovery gains while ... Read More
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