US Jobs Report Coming up: It felt like the market didn’t want to commit in either direction on Thursday, perhaps wanting to take some time to hold up and reflect ahead of today’s US jobs report.
Gold Bears Brace For $1,782 With Eyes on US NFP | Neal Bhai
Gold remains offered around $1,801, down 0.18% intraday, while keeping the break of key support during Friday’s Asian session. While strong rebound of the US Treasury yields and record equities weighed on the metal prices the previous day, firmer US dollar and cautious mood seem to favor sellers of late.
Gold Silver Holdings Book Profit Before Labor Day | Neal Bhai Reports
Gold Silver Holdings Book Profit: Metals and miners have a predictable seasonal tendency to decline in mid to late June and make a secondary – often slightly higher low – in the late July to mid-August period.
Natural Gas MCX Tips Today All Target Hit | Neal Bhai Reports
Natural Gas MCX Tips Today: Natural Gas yesterday settled up by 1.52% at 300 as forecasts continued to signal hotter weather over the coming weeks than previously expected, which tends to increase gas demand for cooling.
MCX Crude Oil Tips Today All Target Hit | Neal Bhai Reports
Crude Oil Tips Today: West Texas Crude Oil (WTI) edges higher Wednesday in the European trading session. The prices took shelter near the multi-month support near $70.00.
Gold Silver Slip: Fed in No Rush to Taper | Gold Silver Reports
St. Louis Fed President James Bullard told the Washington Post on Wednesday that he doesn’t think there is going to be a taper tantrum and argued that markets are well prepared for it, as reported by Reuters.
Gold Price Awaits a Range Breakout But Not So Soon, NFP in Focus
Gold price ended in the red for the third straight session on Tuesday, as traders preferred to stay on the sidelines ahead of the key US Nonfarm Payrolls release, which will provide fresh signals on the Fed’s next policy action.