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The gold market is trading near session highs after the latest economic data showed sales of durable goods for July declined more than expected.The Commerce Department announced Tuesday that U.S.
Gold ended last week 1% better off after Fed Chair Jerome Powell signaled on Friday that rate cuts could arrive as soon as September. After a brief pause on Monday, the yellow metal has pushed a ...
Gold has been on quite the bull run, up 26 percent in 2024 and another 27 percent so far this year. This impressive run occurred despite American investors largely remaining on the sidelines.
Jerome Powell's inspirational Jackson Hole speech on Friday left the gold and silver prices soaring. As despite inflation being above the Fed's mandate for over four years now, Powell confirmed that ...
The best-performing precious metal for the past week was palladium, up 2.41%. Michael Ball, technical analyst at Bloomberg, notes that the gold-silver ratio is at a technical crossroads, caught ...
Gold (XAU/USD) kicks off the week on a softer footing, pulling back slightly after touching a two-week high on Friday following Federal Reserve (Fed) Chair Jerome Powell’s dovish remarks at the ...
Gold price (XAU/USD) holds onto gains near Friday’s high around $3,370.00 during the European trading session on Monday.
Fed Chair Jerome Powell sent stocks skyrocketing back up to the moon today by saying the economy was doing poorly, so he might have to cut interest rates. There is nothing the modern stock market ...
The Gold price (XAU/USD) edges lower to around $3,365 during the early Asian session on Monday, pressured by a firmer US Dollar (USD). Nonetheless, rising optimism of a September rate cut following ...
In Federal Reserve Chairman Jerome Powell’s address yesterday (Friday) from ever-stunningly magnificent Jackson Hole, how many times did he say either the word “reduce” or “cut”?
Well, Fed Chairman Jerome Powell has given an "all-clear signal" for gold and silver to move higher with his remarks at Jackson Hole on Friday.
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