Gold prices fell in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 9,219.75 Indian Rupees (INR) per gram, down compared with the INR 9,243.10 it cost on Wednesday. The price for Gold decreased to INR 107,537.80 per tola from INR 107,811.00 per tola a day earlier. Unit measure
Gold price reverses a modest intraday slide, though it lacks bullish conviction. Fed rate cut bets cap the USD and support the commodity ahead of the US NFP. A US-Vietnam trade deal undermines demand for the safe-haven precious metal. Gold price (XAU/USD) struggles to capitalize on its modest intraday bounce from the vicinity of the
Gold price clings to gains around $3,365 ahead of the US NFP data for June. The US private sector saw a reduction in the labor force in June as businesses laid-off employees. Gold price strives to hold the Ascending Triangle formation on a daily timeframe. Gold price (XAU/USD) holds onto gains near the weekly high
Gold price reverses a modest Asian session dip, though it lacks follow-through. A US-Vietnam trade deal undermines demand for the safe-haven precious metal. Fed rate cut bets cap the USD and support the commodity ahead of the US NFP. Gold price (XAU/USD) attracts some dip-buyers heading into the European session and climbs to the top
Gold prices fell in Saudi Arabia on Thursday, according to data compiled by FXStreet. The price for Gold stood at 403.95 Saudi Riyals (SAR) per gram, down compared with the SAR 404.86 it cost on Wednesday. The price for Gold decreased to SAR 4,711.60 per tola from SAR 4,722.19 per tola a day earlier. Unit
Gold price pauses a three-day upswing early Thursday as all eyes remain on US NFP data. US Dollar returns to the red as trade deal concerns loom amid dovish Fed expectations. The 23.6% Fibo level appears a tough nut to crack for Gold price as the daily RSI holds the midline. Gold price is pulling
Can Hot Summer Weather Lift Natural Gas Futures? Traders are closely watching heat trends, with NatGasWeather projecting highs in the 80s-100s across much of the U.S., and 105-115 in inland California and the Southwest. A brief break is expected later this week with showers and 70s-80s in the West and Northeast, but a return to
Gold prices remained broadly unchanged in Pakistan on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 30,482.38 Pakistani Rupees (PKR) per gram, broadly stable compared with the PKR 30,462.25 it cost on Tuesday. The price for Gold was broadly steady at PKR 355,539.90 per tola from PKR 355,305.80 per tola
Gold price consolidates around $3,340 ahead of the US employment data for June. Surprisingly upbeat US JOLTS Job Openings data has supported the US Dollar. Market sentiment remains cautious as Trump’s tariff deadline on July 9 approaches. Gold price (XAU/USD) trades in a tight range around $3,340 during the European trading session on Wednesday. The
After I posted today’s early heads-up, gold price moved several dollars lower, and now it’s even clearer that the breakdown below the rising line was not invalidated. What’s remarkable here is the lack of strength in mining stocks given gold’s 1.46% rally. Not only is the GDXJ up by mere 0.22%, it’s also the case