Fed officials are closely monitoring the labour market. The unemployment rate in the United States continued to rise for the third consecutive month, reaching 4.1% in June.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Investing in ethereum, bond ETFs rally, and funds that cushion a market downturn
Gold prices fall as dollar gains strength, offsetting Fed rate cut optimism. Explore implications for gold prices, market sentiment, and future trends.
As gold prices slip to $2,446, traders eye potential catalysts for a rebound. Discover how geopolitical tensions could influence a quick turnaround.
Gold surged to 2,451, breaking above 2,432 and signaling a strong bullish reversal, with potential targets at 2,480 and 2,566.
Gold prices are on track for a record finish today, amid expectations of an interest rate cut in September as the Federal Reserve concludes its two-day policy meeting.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Precious metals traders focus on rising geopolitical tensions.