Search
News
Gold extends gains as weak US NFP data dents Fed rate hike expectations
Gold (XAU/USD) extends gains on Friday as weaker-than-expected US Nonfarm Payrolls (NFP) data released on Thursday batters the US Dollar (USD) and cools expectations of an imminent Federal Reserve (Fed) interest rate hike.Fxstreet
Fri, Jul 3
WTI Price Forecast: Hovers around mid-$68.00s amid oversold RSI; bearish potential intact
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh sellers following an intraday uptick to the $69.25 area on Friday, its modest bounce from the lowest level since late February touched the previous day.
Gold: Higher range forming as Fed risks ease – TD Securities
TD Securities’ Bart Melek notes that weaker US jobs data and reduced odds of a 2026 Fed rate hike have driven Gold above $4,100/oz. The bank expects Gold to trend toward $4,280/oz near term, with support near $3,900/oz holding.Fxstreet
Fri, Jul 3
WTI holds gains above $69.00 on a weaker US Dollar
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.10 during the early European trading hours on Friday. The WTI price recovers some lost ground on a weaker US Dollar (USD) ahead of a long holiday weekend in the United States (US).WTI remains below $68.50 amid easing Middle East tensions
West Texas Intermediate (WTI) oil price inches lower after registering modest gains in the previous day, trading around $68.40 during the Asian hours on Friday. The global energy market is experiencing a notable cooling period as geopolitical tensions in the Middle East begin to ease.Gold gains momentum above $4,100 after weak US NFP data
Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls (NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.Fxstreet
Thu, Jul 2
Gold surges as weak US NFP knocks US Dollar
Gold (XAU/USD) price soars over 2% on Thursday after the latest US employment report reduced the chances of a Federal Reserve (Fed) rate hike and pushed the US Dollar (USD) and US Treasury yields lower. The XAU/USD pair trades at $4,111 after bouncing off daily lows of $4,032.Fxstreet
Thu, Jul 2
Silver Price Forecast: Weak NFP pushes XAG/USD to the top of its weekly range
Silver (XAG/USD) climbs to the top of its weekly trading range on Thursday as the US Dollar (USD) slides to a two-week low after US Nonfarm Payrolls (NFP) data surprised to the downside. At the time of writing, XAG/USD trades around $61.15, up nearly 3.50% on the day.Fxstreet
Thu, Jul 2
Here's where Gold could head next after the WGC pencils in $5,000 as upside ceiling
Gold prices are expected to trade broadly stable in the second half of the year, seesawing within a 5% range from current levels of around $4,100 per troy ounce, according to analysts at the World Gold Council (WGC).Fxstreet
Thu, Jul 2
Featured Tools
Top News
Why Are Nasdaq and S&P 500 Futures Weak Pre-Market? Nvidia, Apple, Intel, CRWD and Other Stocks in Focus
Nike: Just Bounce It — Shares Hit 12-Year Low, Will the Market Jump the Gun?
Gold Price Forecast: Can Gold Keep Rising as Fed Rate Hike Expectations Heat Up and US-Iran Conflict Escalates?
Crypto Markets Fall Across the Board as Bitcoin Drops Below $78,000
Oil Price Forecast: Will Brent Continue to Rise After Topping $90 as US-Iran Conflict Escalates Again?
