Tag Archives: Gold

Gold prices held their ground early Wednesday as the market remains on alert for the outcome of the Federal Reserve’s meeting later in the day. -vtmarkets.com

Gold prices surged to new record highs on Monday as a weakening dollar and mounting expectations for a large interest rate cut by the U.S. Federal Reserve drove market demand. -vtmarkets.com

Gold prices rise as traders await key U.S. economic data to gauge the Federal Reserve’s next rate cut decision. Markets expect a 25-basis-point cut. -vtmarkets.com

Key points: Gold prices remained stable on Tuesday as investors awaited critical U.S. inflation data, which could provide clues on the Federal Reserve’s upcoming monetary policy decisions. Both the Consumer Price Index (CPI) and Producer Price Index (PPI) data, due later this week, are expected to play a crucial role in shaping market expectations forContinue Reading

Key Points: Gold prices (Symbol: XAUUSD) held near $2,500 per ounce as markets turned to speculate on the Fed’s upcoming interest rate decision, after the U.S. labour market presented a complex picture for investors.  Picture: XAUUSD prices silenced as markets await the Fed’s interest rate decision, as observed on the VT Markets app.  U.S. economicContinue Reading

Gold prices remained largely flat on Thursday, reflecting investor caution ahead of the U.S. nonfarm payrolls report. This data could signal future rate moves by the Federal Reserve, particularly with market attention focused on whether a rate cut will materialise at the next policy meeting. -vtmarkets.com

Gold prices held steady on Monday after a 1% decline in the previous session, as recent U.S. inflation data pointed to a smaller-than-expected interest rate cut by the Federal Reserve this month. The precious metal, often seen as a hedge in low-interest-rate environments, faces a delicate balance as traders adjust their expectations. -vtmarkets.com

Gold prices (Symbol: XAUUSD) are showing resilience, poised to log their second consecutive monthly gain as market sentiment remains buoyant on the back of potential U.S. interest rate cuts. Spot gold was trading slightly lower at $2,517.91 per ounce, but it remained up by about 3% for the month of August 2024, signalling strong underlying support. -vtmarkets.com

Key points: Asian shares declined on Thursday, tracking Wall Street futures lower, as Nvidia’s earnings report did not meet the lofty expectations of bullish investors. Although Nvidia’s third-quarter revenue forecast of $32.5 billion exceeded Wall Street estimates, it fell short of the high bar set by those who had fuelled a 180% rally in itsContinue Reading

Gold prices extended their gains as dovish signals from the Federal Reserve Chair boosted expectations for an interest rate cut in September. Discover how these developments may impact the market and traders in the short term -vtmarkets.com