Gold (XAUUSD) News, Page 1

Gold is trading higher for the fifth day amid a weak dollar and a possible rate cut by the fed in its FOMC meeting this July.

It looks as if inflation levels and the labor market will have the biggest influence on policymakers. This puts the emphasis on Friday’s PCE deflator, a major inflation indicator for the Fed, and the July 5 U.S. Non-Farm Payrolls report. Essentially, the decision to cut rates comes down to whether

A G20 summit, talks of military strikes in the Middles East and economic data will keep the markets on their toes in the week ahead.

U.S. West Texas Intermediate and international-benchmark Brent crude oil soared last week as a number of bullish factors combined to drive prices to levels not seen in nearly a month. Gold prices rose to a multi-year high after the U.S. Federal Reserve signaled the possibility of a rate cut later

Economic data took a back seat, as Central Banks took the limelight. In spite of dovish chatter from across the globe, it was the Dollar that sunk…

Energy shares buck the trend

Gold is rallying to trade at highs since September 2016. Best week since 2016. Other metals are struggling to post gains.

Crude oil surges 5% lifting energy shares

Coffee is performing its first positive day in June. Soybeans, corn and wheat are recovering its mojo and trading up too.

Gold is trading at highs since 2013 as the dollar is getting hurt by the notion that the Federal Reserve will cut interest rates for sure in July.

This is not a panic situation so the Fed’s decision will still be data dependent. If labor market, manufacturing and inflation data continue to come in weak, then they’ll cut in July. If it stays steady or improves, then they won’t. That’s the risk of being “all in” at current

The U.S. Dollar plunged against a basket of currencies, helping to drive up demand for the dollar-denominated asset. Meanwhile, 10-year U.S. Treasury yields hit their lowest level in nearly two years as investors increased bets on a Fed rate cut in July. U.S. West Texas Intermediate and international-benchmark Brent crude

The Fed didn’t surprise anyone with its decision to leave rates unchanged in June, traders had placed only a 20% probability on a rate cut, but the split vote tells investors that a cut is on the way, and its increasingly likely that will be in July, as the price

Gold, silver and other metals are trading sideways ahead of the Federal Reserve. Palladium is extending gains to 1,500.

Gold is trading up as well as other metals just ahead of the Federal Reserve 2-day meeting. Trump tweeted again.

Gold and other metals are trading in consolidation mode with losses. However, the positive uptrend remains on play as investors are awaiting for the FOMC.

It’s a big week ahead. The FED, the BoE, the UK leadership race, and trade war chatter will be in focus along with a busy economic calendar.

Gold rallies for the third day and it is ready to close an important week of gains above the 1,350 area.

Inflation in the US continues to ease

Gold is trading positive as investors are anticipating a fed’s rate cut that is hurting the dollar. Palladium is up for the sixth day.