TMrxxxxxx

TMrxxxxxx

Gold - inflation data almost confirms that the Federal Reserve will cut interest rates next week, and gold will rise steadily. Gold has been rising all the way this week. The inflation data just released on Wednesday is in line with expectations, increasing the possibility of the Federal Reserve cutting interest rates next week. According to data from the U.S....

TMrxxxxxx

Gold - inflation data almost confirms that the Federal Reserve will cut interest rates next week, and gold will rise steadily. Gold has been rising all the way this week. The inflation data just released on Wednesday is in line with expectations, increasing the possibility of the Federal Reserve cutting interest rates next week. According to data from the U.S....

TMrxxxxxx

Gold - Gold explores the 2700 mark, paying attention to U.S. inflation data Gold rose to a two-week high on Tuesday. The Central Bank of China bought gold again after six months, and the expectation of the U.S. Federal Reserve Board (FED) to cut interest rates next week also increased bullish sentiment, so that the global easing trend is believed to provide...

TMrxxxxxx

Gold - The U.S. Employment Report supports the interest rate cut bet this month, and gold maintains a narrow range of stability. At the end of November, China’s foreign exchange reserves rose by 4.81 billion yuan month-on-month to $3,265,860 billion, reversing the sharp decline in the previous month, and capital inflows offset the negative valuation effect of the...

TMrxxxxxx

Gold - Gold narrow horizontal plate, focusing on U.S. employment data The US dollar fell on Thursday. According to data released by the U.S. Department of Labor during the day, as of the week of November 30, the number of first-time applicants for unemployment benefits in each state increased by 9,000, to 224,000 after seasonal factors. Next, the non-farm...

TMrxxxxxx

Gold - Gold narrow horizontal market, wait and see the U.S. employment data Gold rised slightly on Wednesday. Data showed a moderate increase in private employment in the United States last month. At the same time, investors digested Federal Reserve Chairman Powell’s speech and waited for Friday’s U.S. employment report. The ADP employment data was disappointing,...

TMrxxxxxx

Gold - Gold narrow horizontal market, wait and see the U.S. employment data Gold rised slightly on Wednesday. Data showed a moderate increase in private employment in the United States last month. At the same time, investors digested Federal Reserve Chairman Powell’s speech and waited for Friday’s U.S. employment report. The ADP employment data was disappointing,...

TMrxxxxxx

Gold - Gold is stuck in a struggle to change, waiting for U.S. employment data Gold is in a narrow range of competition on Tuesday, roughly following the rampant trend of the US dollar, and the market is waiting for further economic clues. Before the release of Friday’s U.S. non-farm employment report, investors’ focus will shift to Wednesday’s ADP employment...

TMrxxxxxx

Gold - Gold is stuck in the struggle to change, waiting for this week’s employment data. The gold price fell on Monday, ending the four-day rise in a row. Part of the reason why the dollar’s strength is due to the rebound of the US dollar is that U.S. President-elect Trump said that BRICS countries should avoid trying to replace the US dollar, which puts pressure...

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Gold rose on Thursday, and geopolitical uncertainty and trade war concerns boosted risk-aversion demand. As the U.S. market was closed due to the Thanksgiving holiday, trading is expected to be quiet. The Russia-Ukraine war continues, and the geopolitical risk is still high. Although the ceasefire agreement between Israel and Hezbollah has come into effect,...

TMrxxxxxx

Gold prices rose slightly on Wednesday, rebounding from the low of more than a week on the previous trading day, as the US dollar weakened, but the data showed that inflation progress stagnated, suggesting that the U.S. Federal Reserve Board (FED) may face a certain degree of restrictions in deciding to cut interest rates further. The gold price narrowed after the...

TMrxxxxxx

As shown in the technical chart, the RSI and stochastic indexes have turned back from the overbought area, and the short-term gold price tends to make further adjustments. The closer support is expected to be $2,605 and $2,588, and the next level refers to the 100-day average of $2,567. The fall in gold prices in the middle of this month also happens to be...

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Gold rose for the fourth consecutive trading day on Thursday, reaching a high of more than a week, and tensions between Russia and Ukraine intensified, leading to a surge in risk-averse demand. During the global crisis, investors flocked to risk-averse assets. Since the outbreak of the Middle East conflict in October last year, gold has hit record highs many...

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Gold climbed for the third consecutive day on Wednesday, setting a new one-week high. The escalation of tensions between Russia and Ukraine has exacerbated geopolitical concerns, and investors seek to avoid risks. Russian President Putin lowered the threshold for the use of nuclear strikes to deal with wider conventional attacks. While the price of gold rose, the...

TMrxxxxxx

After Russia issued a warning about its latest nuclear theory, investors bought safe-averse assets. It is reported that just a few days after the Biden administration allowed Ukraine to launch U.S. missiles at Russia, President Putin issued a warning to the United States on Tuesday, lowering the threshold for nuclear strikes. Documents published on the Russian...

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Gold rebounded on Monday after falling for six consecutive days, as the US dollar fell significantly and the uncertainty of the Russia-Ukraine conflict increased, which re-triggered risk-averse demand. The gold price returned to above $2,600, breaking from the two-month low of 2536.7 reached last Thursday. After rising 1.6% last week, the dollar index fell 0.4% on...

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According to data released last week, U.S. producer prices rebounded in October, which is another sign of the stagnation of the recovery of inflation. On Thursday, it was announced on Thursday that the U.S. Final Demand Producer Price Index (PPI) rose 0.2% month-on-month, up 2.4% year-on-year; core PPI in October rose 0.3% month-on-month, up 3.5% year-on-year....

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Federal Reserve Chairman Jerome Powell said on Thursday that continued economic growth, a solid job market and an inflation rate that remains above the 2% target mean that the Fed does not need to cut interest rates hastily and can think twice before doing so. Powell said that while Fed staff may begin to assess the possible impact of proposals such as tariffs...