ISM Services PMI Drops To 48.8, Missing Analyst Expectations
Lower business activity, contraction in new orders, and continued contraction in employment pushed the ISM Services PMI index into the contraction territory.
Gold prices test fresh session highs as ISM Services PMI drops to 48.8
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 Market Analysis for July 3 - Key Intra-day Price Entry Levels for Active Traders
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.
Torr Metals granted three-year exploration permit for Filion gold project
Torr Metals (TSX-V:TMET) announced that the Government of Ontario has granted a three-year exploration permit for drilling at its Filion gold project. The Canadian junior resource company acquired the project in October 2023 and quickly launched a soil exploration program at the Filion fault zone.
Solid price gains for gold, silver, as Powell leans easier
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.
Gold Price Forecast – Gold Continues to Look Strong
The gold market rallied again in the early hours on Wednesday, as the market continues to see a multitude of reasons to continue higher overall. This is a market that continues to look “buy on the dips.
Gold prices holding near session highs as US weekly jobless claims rises to 238k, in line with expectations
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: XAU/USD Jumps Resistance as Traders Eye Fed Minutes
The short-term outlook for gold hinges on upcoming economic data and Fed policy expectations, making it a news-driven market.
Gold (XAU) Daily Forecast: Support at $2325, Boosted by Fed's Dovish Stance
Gold prices find strong support at $2325, driven by the Federal Reserve's dovish signals, hinting at potential rate cuts.
Gold Price Forecast: Tight Range Hints at Upcoming Volatility Surge
Gold's recent sideways action and contracting volatility within a symmetrical triangle pattern suggest an impending breakout, either bullish or bearish.
The gold market is well-positioned for the second half of 2024 - World Gold Council
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 Shines So Far in 2024 as Central Banks Invest Heavily
Gold has been one of the best-performing global assets of 2024, with central banks driving significant demand.
