The spot price of gold increased by 0.3% to $1914.79 per ounce, with no clear signs of significant fluctuations. The Federal Reserve (Fed) is currently holding its annual symposium in Jackson Hole, where investors eagerly await Fed Chairman Jerome Powell's speech to determine whether interest rates will continue to rise. Both the US dollar and US bond yields...
The world gold price today (November 8) extended its decline as the dollar index and US Treasury yields rose sharply, putting pressure on the precious metal market. According to the latest report, in July 2023, the US CPI increased by 0.2% compared to the previous month. If so, in the same period last year, CPI increased by 3.2%, lower than the forecast of 3.3%...
there are some different waves to be considered to estimate the trace of gold .this one is the first