Gold

AUGUST LABOR MARKET REPORTAugust U.S. nonfarm payrolls increase by 187,000 versus 170,000 expectedThe unemployment rate rises to 3.8%, as the participation rate ticks up to 62.8% from 62.6%Average hourly earnings rise 0.2 % m-o-m and 4.3%…

Let’s start this brand new trading month with a look at this steady downtrend on gold prices.Can resistance hold again? On its 4-hour time frame, you can see that the precious metal is testing the descending trend line that’s been…

GOLD PRICE (XAU/USD) FORECASTGold prices stall after encountering trendline resistance near $1,950 ahead of a high-impact event on Friday: the release of the latest U.S. jobs reportTotal nonfarm payrolls for August are forecast to have…

Element79 Gold (OTCPK:ELMGF) entered into an option agreement dated August 28, 2023 with Green Power Minerals Pty pursuant to which it has granted Green Power Minerals an option to purchase the Maverick Springs Project. “By strategically…

US LABOR MARKET REPORT KEY POINTS:The U.S. Bureau of Labor Statistics will release its latest nonfarm payrolls survey on FridayThe economy is forecast to have created 170,000 jobs in AugustWith the Fed embracing a data-centric stance, the…

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Recommended by Daniel Dubrovsky Get Your Free Gold Forecast The US Dollar mostly outperformed against its major counterparts this past week. The British Pound, Euro and Canadian Dollars were some of the…

GOLD PRICE FORECAST:For Beginner Traders, Download Your Free Forex Guide Below Recommended by Zain Vawda Forex for Beginners MOST READ: USD/ZAR Forecast: Rand (ZAR) Slides Despite BRICS Expansion Plans, A…

Gold Price (XAU/USD), Silver Price (XAG/USD) Analysis and ChartsBond yields fall on soft economic data.Silver has outperformed gold by a decent margin over the last week. Recommended by Nick Cawley How to Trade Gold…

UBS on the headwinds for gold (UBS refer to these as 'short-term'):surprisingly resilient US economic data & concerns over the Federal Reserve’s likely responsefed fund futures ... markets are pricing roughly even chances of another…