Remember the story that I outlined in my gold price forecast for July 2025? We saw more of the same yesterday, but on a micro-scale.In the previous days/weeks, miners moved higher first, then gold, and finally silver.The same thing happened in the previous hours/days. Miners moved higher first (in June’s ... Read More
XAU/USD Current price: $3,334.90The June US Nonfarm Payroll report came in much better than anticipated.Market participants welcomed the announcement of a trade deal between the US and Vietnam.XAU/USD bounced from a key Fibonacci support at around $3,325.Spot Gold fell on Thursday and traded as low as $3,311.61, later recovering towards ... Read More
After soaring over 40% in the past year and hitting record highs, gold prices may be running out of steam. Analysts and research houses including Citi, Motilal Oswal, and Fitch unit BMI have raised caution flags, pointing to shifting macroeconomic conditions that could undercut the yellow metal’s recent safe-haven strength.The ... Read More
<a href="https://news.google.com/rss/articles/CBMilAFBVV95cUxPTTZCaUdUSHhUaFNNOUREaWpNaEhfREZkSkNIZDI4dnFSbXJ2YTRWdDdaSDBKZDRzaW11VEN6czd4MUdqQ2RwZEpBakdWa2F6VzVaNHFvY2MzNkljZDhKRVlqanBPUnZiY05NZDBYTW4xZW5uUmUxcFhtRDFEcTJyUUFvaktlUE9ZQWViY3BnVGRQLTF6?oc=5" target="_blank">Gold Price Outlook – Gold Drops After NFP</a> <font color="#6f6f6f">FXEmpire</font> Source link ... Read More
Gold price falls after US NFP report highlights a resilient labour market, with the unemployment falling to 4.1% in June, and Fed rate cut expectations easeUS employment data showed 147K were added to the US economy in June, above the 110K forecast, resulting in a rebound in yields, pushing bullion ... Read More
Gold price clings to gains around $3,365 ahead of the US NFP data for June.The US private sector saw a reduction in the labor force in June as businesses laid-off employees.Gold price strives to hold the Ascending Triangle formation on a daily timeframe.Gold price (XAU/USD) holds onto gains near the ... Read More
Nonfarm Payrolls (NFP) in the United States (US) rose by 147,000 in June, the US Bureau of Labor Statistics (BLS) reported on Thursday. This reading followed the 144,000 (revised from 139,000) increase recorded in May and came in better than the market expectation of 110,000. Follow our NFP Live Coverage ... Read More
Silver (XAG/USD) followed suit, retreating 0.33% to $36.43 after briefly testing near-weekly highs. The pullback came as markets interpreted the trade developments as a signal of easing global tensions, prompting modest rotation out of defensive assets like gold and silver. Despite the softer tone, both metals remain underpinned by rising ... Read More
Gold price reverses a modest intraday slide, though it lacks bullish conviction.Fed rate cut bets cap the USD and support the commodity ahead of the US NFP.A US-Vietnam trade deal undermines demand for the safe-haven precious metal.Gold price (XAU/USD) struggles to capitalize on its modest intraday bounce from the vicinity ... Read More
Gold (XAUUSD) prices face renewed pressure as improving trade sentiment and a stronger US Dollar weigh on demand. A new trade deal between the US and Vietnam has boosted investor confidence, triggering profit-taking in gold. Meanwhile, hopes for further tariff relief have added to the optimism. However, unresolved issues with ... Read More