Spot Gold Analysis. XAUUSD: $1888/1926 or $1818/1777 after non-farm payrolls day data?
2023-01-06 2023-01-06 Spot Gold Analysis. XAUUSD: $1888/1926 or $1818/1777 after non-farm payrolls day data? Piyush Ratnuhttps://www.litefinance.org/blog/authors/piyush-ratnu/ The article covers the following subjects: Analysis 02.12.2022 Accuracy Summary and Review As projected in my analysis dated 02.12.2022: If the Bullish momentum pushes Gold price across the $1812 barrier, $1818, 1836 and 1866 can be the next target […]
Market Update – January 3 – JPY & Gold add to gains
Trading Leveraged Products is risky Markets are back to full-time today to kick-start 2023 with a key week topped by NFP data on Friday and undermined by the ongoing rise in Covid cases and deaths in China. Japan and New Zealand remain closed today, but in Asia the ASX (-1.3%) […]
Gold and silver prices fall; yellow metal selling at Rs 55,530 per 10 g
The price of gold fell by Rs 430 on Friday, with 10 grams of the yellow metal (24-carat) trading at Rs 55,530. Silver prices declined Rs 1,000 from yesterday’s close and the precious metal is selling at Rs 71,000 per kg. The price of 22-carat gold fell Rs […]
XAU/USD climbs steadily toward $1,850 after solid US NFP data
US Nonfarm Payrolls exceeded estimates of 200K, while the unemployment rate edged lower. Average Hourly Earnings were lower than the 5% foreseen, signaling the absence of a wage spiral. Gold Price Forecast: To find solid resistance around $1,852-$1,860. Gold price extends its gains after the US Nonfarm Payrolls showed the US economy added more jobs […]
Gold Price: Why the Rally May Last. Economic Uncertainty Is Great for the Price.
Gold climbed to its highest prices in nearly seven months, feeding expectations that the precious metal is on track to notch record highs this year, after closing out 2022 with a modest loss. Gold “noticeably” appreciated by about $200 an ounce from November to the end of last year, and continued that trend in the […]
Gold declines Rs 153 amid fall in precious metal prices globally
Gold price in the national capital declined Rs 153 to Rs 55,650 per 10 grams on Friday amid a fall in precious metal prices globally, according to HDFC Securities. The yellow metal had ended at Rs 55,803 per 10 grams in the previous trade. Silver also fell […]
The Setup for Real Estate, Stocks, Gold & Silver, US$
What will 2023 have in store for us? What will a recession mean for stocks? Will the Fed pivot? How far could Real Estate fall? What does this all mean for precious metals? Join Mike Maloney as he lays out the data and paints a picture of what we may experience soon.About Mike MaloneyMike Maloney is […]
PRECIOUS-Gold falls as tight U.S. labour market suggests higher rates
*U.S. weekly jobless claims at three-month low*U.S. non-farm payrolls data due on Friday*Gold seeing support at $1,800-$1,805 – analyst*Palladium drops near 3%(Updates prices)Jan 5 (Reuters) – Gold prices pared losses on Thursday after Fed remarks of inflation easing in 2023, after slipping more than 1% on reports of a tighter-than-expected U.S. labour market boosting expectations […]
Markets To Fall Into ‘Blind Panic’ As System Breaks & Money Fails In 2023?
When at the start of a new year as we are now, it helps to take a fresh look at the macro situation.What are the key trends that will drive the economy & markets?For example, the mountain of global debt continues to expand, and the cost of servicing it is suddenly skyrocketing due to higher […]
Gold slips from near 7-month peak as caution sets in before US jobs data
By Arundhati Sarkar (Reuters) – Gold prices slipped on Thursday from a near seven-month peak, as the dollar steadied and investors squared positions ahead of the closely watched U.S. jobs data that could influence the Federal Reserve’s rate-hike path. Spot gold fell 0.3% to $1,848.40 per ounce […]