Gold

GOLD PRICE FORECASTGold prices lack direction, languishing near the lowest level since August 29, as traders await new dataThe August U.S. inflation report, due for release next Wednesday, may be an important catalyst for precious…

Gold (XAU/USD) AnalysisUS dollar and yields remain central ahead of US CPI printGold set for weekly decline as price action hovers around key 200 DMAUS CPI remains the key risk in the week ahead as the Fed prepares for next meetingThe…

GOLD OUTLOOK & ANALYSISHigher oil prices & global growth concerns push USD higher.US ISM services PMI’s in focus later today.Cautious gold traders look to fundamentals for guidance. Recommended by Warren…

XAU/USD, XAG/USD PRICE FORECAST:MOST READ: US Dollar Forecast: DXY Poised to Extend Rally Despite Suggestions the Fed May be DoneGold remained on the front foot in the Asian session before a pullback this morning following the European…

Recommended by Daniel Dubrovsky How to Trade Gold The US Dollar broadly underperformed against its major counterparts this past week, with gold prices seeing a strong rally. A root cause of this was somewhat…

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…