[XAU/USD] Focus on U.S. Employment Data
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. …
[XAU/USD] Trump’s Statement Sparks Inflation Concerns
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. …
[XAU/USD] Strong US Economic Data and Trump’s Statement
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 …
[XAU/USD] Rising Interest Rates Limit Gold’s Upside
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 …
[XAU/USD] U.S. Employment Data and Interest Rates
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 …
[XAU/USD] Gold Price Forecast for This Year
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 …
[XAU/USD] NY Stock Drop Triggers Risk-Off Sentiment
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 …
[XAU/USD] Rising U.S. Long-Term Interest Rates and Falling Stock Prices
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 …
[XAU/USD] Gold Rises as U.S. Interest Rates Fall
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 …
[XAU/USD] New York (NY) Market Reopens
Yesterday, the main markets outside of Tokyo were closed for Christmas. As a result, price movements stayed within a narrow range of about 10 points. Today is Boxing Day, so …