Gold

NFP Data: Can it Sway Election?

Just days before the U.S. heads to the polls, the last employment report before Election Day will offer a snapshot of hiring and unemployment, key factors in a race where the economy remains top of mind for voters....

XAU/USD: Final NFP before Election

Americans continue to rank the economy as their top issue, and the final Non-Farm Payrolls (NFP) report before voting day, offers a crucial signal this coming Friday....

Gold, Bitcoin Poised for US Election Gains?

On November 5, approximately 250 million Americans are expected to vote in the presidential election. The outcome, though, may not be immediately clear. The official result could take anywhere from a few hours to several weeks, depending on the margin...

Euro Drops, Gold Holds for Now: What’s Next?

Gold's recovery faltered on Monday as the U.S. dollar surged to a nine-week high, curbing upward momentum for the precious metal. The greenback’s strength was bolstered by the euro’s decline, which fell for the 11th time in 12 sessions as...

NFP & Port Strikes: Why Jobs Matter This Week

Nonfarm Payrolls (NFP) are projected to rise by 140,000 in September, matching August's pace and pushing the three-month average job gains to the weakest level since mid-2019. The NFP data is due this Friday....

$40 Silver in Sight? BofA Says Yes

The Gold-Silver Ratio (XAU/XAG) measures how many ounces of silver are needed to purchase one ounce of gold, providing a clear example of the relative performance of each metal....

RSI Flags Gold Risks Before GDP, PCE Data?

Gold is set to face two major US economic data points this week, following last week’s surprise 50-basis-point interest rate cut from the Federal Reserve: U.S. GDP figures on Thursday and Core Personal Consumption Expenditures (PCE) on Friday...

Is Gold Predicting a 50-Point Rate Cut?

Gold surged to an all-time high before pulling back, as investors await the Federal Reserve’s first move to ease monetary policy in over four years....

50-50 Odds for Big Rate Cut this Wednesday

The Federal Reserve’s upcoming rate decision is teetering on a knife’s edge, with the odds of a significant cut climbing. According to the CME’s FedWatch tool, the chances of a 25 or 50-basis-point reduction are now evenly split at 50-50....
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