Bullion
Gold edges towards $2330 following the lower-than-expected US PPI
icon
14 JUN clock 11:14

Gold edges towards $2330 following the lower-than-expected US PPI

Producer inflation fell 0.2% vs. 0.1% expected, fueling hopes that a rate cut may finally be on the horizon.
Gold Bullion XAUUSD
Gold tests 50-day SMA support ahead of NFP
icon
07 JUN clock 13:25

Gold tests 50-day SMA support ahead of NFP

Gold fell by over 1% within minutes of news that the PBOC halted its gold purchases for the first time since October 2022! And there could be more volatility for the precious metal when the US jobs report arrives in just a couple of hours.
Gold Bullion central banks China US jobs report NFP Nonfarm Payrolls Federal Reserve
GOLD consolidates under 21-period SMA ahead of US PCE reading
icon
31 MAY clock 10:20

GOLD consolidates under 21-period SMA ahead of US PCE reading

PCE reading (the Fed's preferred way of measuring inflation) could potentially influence the Fed's interest rate decision at the next meeting. Higher for longer interest rates could contribute to the rise of the US dollar, pushing the price of the zero-yielding metal lower.
Gold Bullion XAUUSD
XAUUSD rebounds after reaching one-week low at $2326.78
icon
24 MAY clock 10:32

XAUUSD rebounds after reaching one-week low at $2326.78

Gold has rebounded moderately, with XAUUSD bulls now trying to get back above the 21-period SMA. Yesterday's ~2% drop to a one-week low came after the release of the FOMC minutes.
Gold XAUUSD Bullion
Gold is edging higher towards $2400 psychological level
icon
17 MAY clock 10:28

Gold is edging higher towards $2400 psychological level

Gold is bouncing back towards the $2400 psychological level after slightly weaker US macroeconomic data was released this week.
Gold XAUUSD Bullion