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Gold trades around $2,500 as 50 bps rate cut bets dwindle
Gold (XAU/USD) is exchanging hands at around the $2,500 mark on Tuesday, sticking within its familiar range of the last few weeks as traders assess the outlook for monetary policy and the future path of interest rates in the US, a key performance indicator for Gold.
Fxstreet
Sep 10, 2024
Gold prices edge lower but keep record highs in sight ahead of inflation test
Investing.com-- Gold prices fell slightly in Asian trade on Tuesday but remained close to recent peaks as traders awaited key U.S. inflation data for more cues on the Federal Reserve’s plans to beginInvesting.com
Sep 10, 2024
Gold trades volatile but range bound after US Nonfarm Payrolls
Gold (XAU/USD) pulls back down to just below $2,500 per troy ounce on Monday after retesting its all-time highs on Friday, amid market volatility following the release of a mixed US Nonfarm Payrolls (NFP) employment report.Fxstreet
Sep 9, 2024
Crude Oil finds floor, but concerns over demand outlook weigh
Crude Oil rebounds slightly on Monday after dipping lower on Friday after the US Jobs Report showed that the US economy is cooling down but not on the edge of a recession, easing the chances of a chunky interest-rate cut by 50 basis points from the US Federal Reserve (Fed) in its upcoming meeting on September 18.Fxstreet
Sep 9, 2024
