Gold price flattens as US Dollar steadies and GBP flips ahead of BoE

Gold, XAU/USD, US Dollar, GC1, Bond Yields, BoE, PBOC, Fed, AUD – focused topics Gold prices softened in the face of rising government bond yields PBOC tilted policy and now BoE moves into focus after UK CPI data The US dollar could be the key for XAU/USD in this eventful week The gold price struggled … Read more

Weekly Market: S&P 500, Gold, US Dollar; US ISM, Eurozone Retail Sales, RBA, Japan Econ Watchers, China Inflation

Global equity markets rose, led by solid gains in US equities, as markets welcomed the passage of a debt ceiling bill that averted a catastrophic US default. Debt negotiations in Washington have been the focus of market attention in recent weeks, and the passage of the bill raising the government’s $31.4 trillion debt ceiling removed … Read more

Gold Price Declines as U.S. Economic Data weaken For Fed’s Monetary Policy.

GOLD PRICE Prediction: Gold prices start the week lower and are affected by rising U.S. yields. The Fed’s monetary policy decision will take center stage on Wednesday. This article looks at the key technical levels to watch for in gold. Gold prices experienced a wild ride on Monday in a session characterized by low turnover … Read more

Gold Gains on Falling Yields, Nasdaq 100 rises to double top ahead of key tech scores

GOLD AND NASDAQ 100 OVERVIEW: Gold prices rise on Monday, supported by a weak US dollar and dropping Treasury yields. Meanwhile, the Nasdaq 100 slips on cautious market sentiment ahead of key corporate earnings, with Microsoft and Alphabet releasing quarterly results on Tuesday. This article looks at the key tech stocks to watch in the … Read more

Markets this week: Gold, Nasdaq, US Dollar; Earnings, US PCE, Euro-Zone and US GDP

The US dollar rose slightly while global equity markets were largely unchanged last week as a positive start to the earnings season was overshadowed by concerns that central banks are not yet done tightening. The MSCI All Country World Index was largely unchanged, and the US Dollar Index (DXY Index) rose 0.1%. In equities, the … Read more