Last weekend’s U.S. employment data showed stronger-than-expected results, leading to a rise in long-term U.S. interest rates. As a result, gold prices initially dropped. However, later, the Dow Jones Industrial …
Yesterday, the NY stock market was closed due to the state funeral of former President Carter. The bond market had shortened trading hours, during which U.S. long-term interest rates fell. …
Yesterday, during New York trading hours, the U.S. ADP Employment Report was released, showing weaker-than-expected results. This caused the U.S. dollar to weaken, leading to an increase in gold buying. …
During the New York session yesterday, strong results were released for the U.S. JOLTs Job Openings and ISM Non-Manufacturing PMI. These reports were better than expected, causing U.S. long-term interest …
U.S. long-term interest rates briefly fell due to concerns over tariffs under the Trump administration but later started rising again, leading to stronger selling of gold. Trump denied reports that …
At the start of the year, gold buying was strong, but the next day, prices began to drop. This was due to the U.S. ISM Non-Manufacturing Index being lower than …
Last year, the price of gold started at a low of around $2,000 and rose to a peak near $2,800. It was almost a steady upward trend. This increase was …
Yesterday, the NY Dow fell by over 700 points at one point, which increased risk-off sentiment and caused gold prices to rise. Many market participants are still on holiday after …
Last weekend in the New York market, gold prices dropped to 2612 due to rising U.S. long-term interest rates.At the same time, all three major indices in the New York …
Yesterday, gold prices remained stable as major markets in Asia and Europe were closed. However, after the holiday, U.S. interest rates dropped in the New York market. This was due …
