[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 …
[XAU/USD] Christmas Holiday Season
Yesterday, following last week’s trend, U.S. long-term interest rates rose in the New York market, which led to selling pressure on gold. As a result, the price around 2650, which …
[XAU/USD] Christmas and High U.S. Long-term Interest Rates
Last week, the U.S. Federal Reserve’s meeting showed a aggressive stance, causing long-term U.S. interest rates to rise. As the weekend approached and the Christmas holiday drew near, there was …
[XAU/USD] Gold Drops Due to Rising U.S. Long-Term Interest Rates
During the previous day, the FOMC meeting showed a aggressive stance, leading to a rise in long-term U.S. interest rates and causing gold prices to fall sharply. As a result, …
[XAU/USD] Breaking the Neckline
In the closely watched FOMC meeting, the expected 0.25% rate cut was decided. However, the interest rate outlook for 2025 was revised, reducing the number of expected rate cuts from …