⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices made modest gains during the North American session on Thursday, increasing by over 0.5% after the release of important economic data from the United States (US). The GDP figures for the first quarter of 2024 fell short of expectations, leading to speculation that the US Federal Reserve...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold made some recovery on Wednesday after experiencing two consecutive negative sessions at the start of the week, as geopolitical risks subsided. Despite better-than-expected economic data from the United States (US), a strong US Dollar, and higher US Treasury yields, buyers of the precious metal took...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price fell slightly on Tuesday in the North American session due to a weaker-than-expected S&P Global Purchasing Managers Index (PMI) report. Despite the Greenback's weakness, buyers were unable to take advantage, while US Treasury yields declined. XAU/USD traded at $2,323, down 0.11%. The US...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) experienced a significant drop of over 2% on Monday, marking its largest daily decline since June 13, 2022. This decrease was primarily attributed to diminishing concerns about a broader conflict in the Middle East, which led to a reduced demand for traditional safe-haven...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The likelihood of the US Federal Reserve keeping interest rates unchanged this year is increasing. Last week, John Williams, the President of the New York Fed, mentioned that he doesn't consider another rate hike as his primary scenario. However, if the data suggests that the Fed needs to raise rates in...
✍️ NOVA hello everyone, Let's comment on gold price next week from 4/22 - 4/26/2024 🔥 World situation: The price of gold surged to a new high above $2,400 as tensions between Israel and Iran in the Middle East escalated. The uncertainty surrounding the conflict led investors to seek the safety of gold, pushing prices up to $2,417 per troy ounce. However, the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold skyrockets to approximately $2,410 per troy ounce during the Asian session on Friday. The precious yellow metal, considered a safe-haven asset, gains traction as market participants grow increasingly risk-averse due to the news from ABC News confirming that Israeli missiles have struck...
⭐️ Smart investment, Strong finance ⭐️ CRYPTO INFORMATION: Bitcoin's price has experienced a significant decline since April 9. However, the downward trend has become more pronounced in recent days due to three primary factors. Firstly, the escalating confrontation between Iran and Israel has contributed to the market's unease. The former Mossad intelligence...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold has rebounded from its previous losses and is currently trading at approximately $2,370 per troy ounce during the Asian session on Thursday. The valuable yellow metal, known as a safe-haven asset, is increasing in value as traders exercise caution due to the heightened geopolitical...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold remains steady around $2,380 per troy ounce on Wednesday, staying close to its all-time highs as traders proceed with caution in anticipation of Israel's response to Iran's airstrike on Saturday. According to a report from Reuters, the third meeting of Israel's war cabinet, originally...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is moving within a narrow trading range as the European session begins on Tuesday. It remains close to the record high reached last week. The US Dollar (USD) is gaining strength, reaching its highest level since early November, due to expectations that the Federal Reserve...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold began the week on a positive note, rising in early trading. This increase was primarily driven by the escalating conflict between Iran and Israel over the weekend. Concerned investors sought refuge in gold, a traditional safe haven, as they prepared for the new week after Iran's drones...
✍️ NOVA hello everyone, Let's comment on gold price next week from 4/15 - 4/19/2024 🔥 World situation: Gold price ended the week with slight gains of 0.59% after reaching a record high during the North American session on Friday. The price movement was volatile due to geopolitical risks, which led to a surge in demand for safe-haven assets. As a result, the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) hit a record high near $2,390 during early Asian session on Friday due to market expectations of a US Federal Reserve interest rate cut. Chinese central bank's gold purchase and ongoing geopolitical tensions in the Middle East also contribute to the increase. Analysts predict that...
✍️ NOVA hello everyone, Let's comment on gold price next week from 8/4 - 12/4/2024 🔥 World situation: Gold reached a new all-time high, disregarding a strong US March Nonfarm Payrolls report that could delay rate cuts by the Federal Reserve. Despite the increase in US Treasury yields and the slight rise of the Greenback, gold's price remains influenced by...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell on Wednesday due to strong US consumer inflation figures, which reduced expectations of a rate cut by the Federal Reserve. However, it recovered during the Asian session on Thursday amid a weaker tone in equity markets. The prolonged higher interest rates by the Fed and...
⭐️ Smart investment, Strong finance ⭐️ USD/CAD INFORMATION: The USD/CAD pair consolidates gains above 1.3650 in Asian trading hours, supported by stronger-than-expected US inflation. The Greenback reached a yearly high of 105.30. Investors are watching for cues from the US Producer Price Index (PPI) later today, with estimates of a 2.2% YoY increase in the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices pulled back from all-time highs on Tuesday, dropping to $2,346 after reaching $2,365. This was due to a risk-on sentiment and declining US Treasury yields. The US economic calendar was light, with the NFIB Small Optimism Index falling for the third consecutive month. Traders are now awaiting...