Gold investors: The Institute for Supply Management (ISM) Manufacturing PMI and JOLTS Job Openings data will be featured in the US economic calendar on Tuesday. Investors are likely to ignore these ...
Gold (XAU/USD) gathered bullish momentum and surged to a new record high above $3,080 on Friday after struggling to find ...
Gold price extends its record-setting rally toward $3,100 after settling above $3,050 on Thursday. Sitting at record highs, ...
However, this had little impact on the dollar or gold, as attention remains on the upcoming NFP report. Forecasts suggest job gains of 160,000 in February, with the unemployment rate expected to ...
Gold price hinges on the US core PCE Price Index data release. Economists expect the Fed’s preferred inflation gauge to ...
Gold prices remained subdued above the $2,900 ... The forthcoming Nonfarm Payrolls (NFP) report will likely impact the US ...
Weaker-than-expected NFP numbers may give XAU/USD a minor boost. "Spot gold is biased to break support at $2,894 per ounce and fall into the $2,861 to $2,879 range", said Reuters analyst Wang Tao.
A more important event is tomorrow’s nonfarm payroll (NFP) report, so market participants will probably be cautious ahead of it. "If the number comes out really bad, I would imagine gold sells off.
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