Gold price enters a bullish consolidation phase after touching a fresh all-time peak on Friday. Rebounding US bond yields underpin the USD and cap the upside for the XAU/USD pair. Traders now look forward to the release of the US PCE Price Index for a fresh impetus. Gold price (XAU/USD) extends its sideways consolidative price…
Wall Street in the week ahead will witness plenty of economic data, but major focus of investors will on the US Federal Reserve’s monetary policy. The us central bank will release its interest rate decision, the first of year 2025, on Wednesday. After three straight rate cuts last year, the Fed is widely expected to…
US stocks mostly rose on Thursday after US President Donald Trump’s Davos comments and corporate earnings. At the WEF in Davos , Switzerland, Trump said that he is working to reverse inflation, lower taxes and boost fossil fuels production in the US but did not elaborate on his proposed tariffs. At 11:57 a.m. ET, the Dow…
Gold price pops to 2,685 on the back of a strong US Jobs report. The Fed remains data dependent despite market conviction inflation will surge in 2025. Gold attempts to breakout towards $2,700, with help of the upbeat US employment report. Gold’s price (XAU/USD) is set to close off this week on a high note while…
A second positive day in a row for Gold prices on Wednesday, fueled by yields and geopolitics. CNN released an article stating that President-elect Donald Trump mulls imposing economic state of emergency to justify imposing global tariffs. Gold price remains in steady trading in a broad pennant technical formation, though starting to test upside levels. Gold’s…
Nomura On Dixon Tech Buy Call, Target At Rs18,654/Sh Co Launches Mass Production Of Google Pixel Smartphones China+1 Can Lead To Significant Long-term Potential From Google Est Addition Of Rs1,500 Cr Revenue, 4% Of FY26 Smartphone Sales Depending On Ramp-up Co Will Showcase Capabilities To Make Premium Phones & Will Be Key Longer-term Positive HSBC…
Gold price catches fresh bids on Friday amid trade war fears and geopolitical tensions. The USD hits a fresh two-week low and offers further support to the XAU/USD pair. Bets for slower rate cuts by the Fed might keep a lid on the non-yielding yellow metal. Gold price (XAU/USD) sticks to its intraday bullish bias…
Gold price struggles to capitalize on its modest bounce from a one-week low. Rebounding US bond yields underpin the USD and weigh on the XAU/USD. Traders now look to FOMC meeting minutes for some meaningful impetuses. Gold price (XAU/USD) retains its negative bias for the second straight day and trades just above a one-week low…
