Global financial markets finished the day that started negative yesterday with optimism. On the first working day of the week, two policy makers from the FED…
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On the first day of the week, as the average hourly wage growth rate in the USA slowed down in December and China lifted the practice of quarantining those entering the country,…
The second week of the year started quite optimistically in global financial markets. With China’s decision to reopen its borders, zero (zero) covid application…
The latest macro data from the US showed that the US economy and employment began to cool and pushed the gold price up.
As precious metals gain momentum towards the end of the year, investors expect gold and silver to perform well in the new year.
Gold prices rose 1.8 percent on Friday as US economic data bolstered expectations for a less hawkish Federal Reserve.
The gold price started the new year at a 6-month high. However, the yellow metal sees the $1,900 target slipping away.
Gold prices rose on Wednesday, supported by the dollar’s slump, as Fed Minutes awaited for hints on interest rate policy.
TheGoldForecast editor Gary Wagner is pretty bullish on gold prices. Analysts at BCA also expect a rise in gold next year.
The gold price eased as the dollar rose, but the yellow metal moved in a tight range in stagnant trade.