Non Farm Payrolls Drop To 206,000, Exceeding Analyst Expectations
Unemployment Rate increased from 4% in May to 4.1% in June.
Gold prices holding solid gains as US economy created 206k jobs in June
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.
Gold Prices Forecast: Gold Tests New Highs As Traders Focus On U.S. Dollar's Pullback
Gold settled above the 50 MA and is moving towards the psychologically important $2400 level.
Gold (XAU) Daily Forecast: XAU Rises to $2,365 as USD Hits Three-Week Low
Gold (XAU) surges to $2,365, its highest since June 21, driven by a weaker USD amid Fed rate cut expectations.
Gold Price Forecast: Breakout Eyes Uptrend Continuation
Gold's bullish breakout of a descending channel improved its outlook, signaling potential continuation of the uptrend with key targets ahead.
Gold, Silver, Platinum Forecasts – Gold Is Mostly Flat Despite Dollar's Pullback
Gold markets are calm as traders wait for catalysts.
Gold Price Forecast – Gold Continues to See Strength During Holiday
The gold market hasn't really done a lot on Thursday, but at this point in time, it makes sense that we are looking toward the Non-Farm Payroll numbers, as a guide as to where we are going next.
Gold (XAU) Daily Forecast: Struggles Under $2,365; Sell Now?
Gold (XAU) struggles below $2,365, raising questions about a potential bearish correction. Is it time to sell?
Gold Price Forecast: Surges Above Key Levels, Eyes Further Gains
Gold confirms strength with a breakout above trendlines and 50-Day MA, aiming for higher targets at 2,388 and 2,494.
Gold, Silver, Platinum Forecasts – Gold Climbs Above $2350 As Dollar Pulls Back
Treasury yields declined after the release of weak ISM Services PMI report, providing support to precious metals.
Gold, silver power up on downbeat U.S. data, dovish Fed
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.
Gold prices look to settle at 1-month high as silver jumps nearly 4%
Gold futures looked to post their highest settlement in about a month on Wednesday, while silver prices climbed by nearly 4%. Both precious metals were supported by weakness in both the U.S. dollar and bond yields following the release of downbeat economic data.
