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Gold Price RECAP July 29 - August 2
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data and headlines…
Gold Surges, Then Falls in Volatile Trading on Downbeat Payroll Data, Labor Market Slowdown
Gold prices closed in on their all-time high Friday morning before erasing their sizable gains as dismal nonfarm employment data showing a significant cooldown in the labor…
Gold Gains on Spike in Unemployment Claims, Downturn in Business Conditions
Gold prices edged higher Thursday as a surprise spike in U.S. unemployment claims and deteriorating business conditions in the manufacturing sector suggested a longer upside…
Gold Continues Climb as Fed Chief Says September Rate Cut ‘On the Table’
Gold prices jumped Wednesday afternoon on remarks from Federal Reserve Chairman Jerome Powell that a cut in the benchmark interest rate could be ‘on the table’ by September if…
Gold Edges Higher on Job Openings Decline, Mixed Consumer Sentiment Data
Gold prices signaled a modest recovery Tuesday, based on data showing a decline in job openings and mixed consumer sentiment heading into Wednesday’s Federal Open Market…
Gold Prices Stall on Stronger Dollar as Anxious Market Awaits Fed Meeting
Gold prices stalled below resistance Monday on a stronger dollar as bullion investors looked to this week’s Fed meeting and expected economic data to gauge how the market will…
Gold Price RECAP July 22-26
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data and headlines…
Gold Prices Shoot Up as Key Fed Inflation Gauge Comes in Higher Than Expected
Gold prices moved higher Friday morning on the heels of a report showing that the Fed’s preferred inflation gauge came in slightly higher than expected last month.
The…
Gold Plummets on Report Showing Robust Economic Growth in 2Q
Prices for gold and other commodities slipped Thursday on a report showing a dramatic increase in U.S. economic activity for the second quarter lifted by strong consumer…
Gold Trades Higher for 2nd Session on Data Showing Economic Slowdown
Gold prices were trading higher for a second straight session Wednesday as a string of data underscored an overall slowdown across several major sectors of the U.S. economy.…
Gold Snaps 4-Day Skid to Rally Above Key $2,400 Level as Investors Await Economic Data
Gold snapped its four-day skid on Tuesday to rally above the key $2,400 per ounce level as investors awaited economic reports later in the week that could provide a catalyst…
Gold Slides for 4th Straight Session Amid U.S. Political Uncertainty
Gold prices continued their slide for the fourth consecutive session on Monday amid U.S. political uncertainty that saw President…
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