Tag: Precious metals

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Is Gold Ready to Break Key Resistance Levels? – Action Forex

Gold is currently on the rise after finding support around the 2,450 zone recently. Despite this upward movement, gold is still trading within a...
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Gold Price Analysis: NFP Report Boosts Bullish Sentiment | Forexlive

Last Friday, the price of gold went up after the US NFP report was released. The report showed that the labor market was slowing...
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Gold Royalty Corp Set to Shine in Second Half of 2021 (NYSE:GROY)

Gold Royalty Corp, also known as GRC, has had a strong start to the year with impressive Q1 results. The company reported record royalty...
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Gold Price Surges to Six-Week High Amid Weak US Labor Market Data

Gold prices surged to a six-week high, reaching $2,385 as traders reacted to the latest US labor market data. Although the June Nonfarm Payrolls...
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Gold Price Consolidates Ahead of US NFP Data – Market Update

Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair...
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Gold Prices Drop Following Dovish Remarks by Powell

Gold prices experienced a decline of 0.28% in response to Federal Reserve Chair Jerome Powell's remarks at a European Central Bank forum. Powell, adopting...
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Gold Price Soars as US Dollar Weakens Before PCE Data

Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1%...
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Gold Price Forecast: Insights from ABN AMRO Analysts

Gold prices have experienced a significant increase earlier this year, reaching a high of $2,450 in May 2024. However, since then, the momentum has...
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Gold Prices Decline as Strong US Yields Boost US Dollar

Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming...
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Silver Price Forecast: XAG/USD Drops Below $30 Amid Bearish Engulfing Pattern

Silver prices experienced a significant drop, falling 3.86% due to the influence of strong US Treasury bond yields and a robust US Dollar. The...

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Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss

Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...