Gold, a non-yielding asset, often reacts to shifts in U.S. economic indicators and monetary policy expectations. On January 7, 2025,…
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“Gold Prices Rally Following Weak US PCE Price Index Data – December 20, 2024”
On December 20, 2024, gold prices (XAUUSD) climbed as the US PCE Price Index (Personal Consumption Expenditures) data came in…
Continue Reading“How US GDP Data Influences Gold Prices” 19-12-2024
On December 19, 2024, gold prices (XAUUSD) surged while the US dollar weakened following the release of disappointing US Q4…
Continue Reading“Gold Market Takes a Hit Following Disappointing US S&P Global Data – 16-12-2024”
On December 16, 2024, the gold market witnessed a sharp decline following the release of unexpectedly weak economic data from…
Continue ReadingThe Link Between US PPI, Jobless claims Data and Gold: What You Need to Know- 12-12-2024
Today’s lower-than-expected jobless claims and higher Producer Price Index (PPI) figures have exerted bearish pressure on XAU/USD (gold prices). Lower…
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