Weak U.S. jobs data reduces Fed tightening expectations as gold targets $4,368 and silver eyes $65.21 ahead of CPI and PPI inflation reports.
Gold moves higher as weak employment data eases rate hike concerns
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold steadies, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Pakistan Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
Gold Price Forecast: XAU/USD appears 'buy-the-dip' trade before the US inflation test
The way gold continued to find buyers on dips beneath $4,000 an ounce through June and July may have been the tell that a larger move was coming, eventually culminating in the sharp breakout seen in early August. The move followed a run of supportive developments, raising the possibility that the breakout could evolve into something more significant depending on how the price action evolves from here.
Gold retreats from June 17 highest amid USD uptick; holds above $4,300 pivotal support