[XAU/USD] Gold keeps rising while New York market closed
Yesterday, even though the New York market was closed for Labor Day, gold prices kept rising and reached 3489. This is very close to the all-time high of 3500. Because …
[XAU/USD] Heading Toward a New High
Last week, U.S. long-term interest rates went down after news about Federal Reserve Board (FRB) Governor Cook possibly being removed. Worries about political pressure on the FRB also made people …
[XAU/USD] Weekend Selling Adjustment
Yesterday, the US dollar continued to fall because of news about Director Cook possibly resigning, which lowered trust in the Federal Reserve.Gold went above the August 8 high of 3,409 …
[XAU/USD] Decline in Trust for Federal Reserve Board (FRB)
After the news about Governor Cook’s resignation, people continued selling the U.S. dollar and buying gold. This made gold prices stay strong. Yesterday, Treasury Secretary Bessent also criticized the Federal …
[XAU/USD] Decline in Trust for the U.S. Federal Reserve
This week, gold was expected to fall after rising from Chairman Powell’s comments at the Jackson Hole meeting last week, but the drop was short. Yesterday, buying became stronger. Early …
[XAU/USD] U.S. Federal Reserve Rate Cut Expectations Increase
At the Jackson Hole meeting last weekend, Chairman Powell’s comments were seen as soft, which led to selling of the U.S. dollar and gold rose to 3,378. At the beginning …
[XAU/USD] Federal Reserve Board (FRB) Rate Cut Expectations Increase
At the Jackson Hole meeting last weekend, Chairman Powell’s speech was seen as soft, which increased expectations that the Federal Reserve will cut interest rates. Because of this, U.S. long-term …
[XAU/USD] Jackson Hole
On August 1, the U.S. jobs report for July was weaker than expected. This made people think the Federal Reserve may lower interest rates, so gold started rising from around …
[XAU/USD] Jackson Hole
Pada 1 Agustus, laporan pekerjaan AS untuk bulan Juli lebih lemah dari perkiraan. Hal ini membuat pasar berpikir Federal Reserve mungkin akan menurunkan suku bunga, sehingga emas mulai naik dari …
[XAU/USD] Jackson Hole
Vào ngày 1 tháng 8, báo cáo việc làm của Mỹ trong tháng 7 yếu hơn dự kiến. Điều này khiến thị trường nghĩ rằng Cục Dự trữ Liên bang …