The Institute for Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) is a monthly survey that measures the overall health…
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Factors Influencing Gold Prices: Today’s US PCE Data and expectation of big rate cut in SEP
In today’s market update, we will discuss the impact of higher U.S. personal consumption expenditures (PCE) data on the price…
Continue ReadingImpact of US GDP data on XAUUSD pair – 29-8-2024
On 29th August 2024, the release of good US GDP data can have a significant impact on the XAUUSD pair.…
Continue ReadingHow Do Consumer Confidence and Housing Numbers Affect Gold Prices Today?
Gold is often considered a safe haven asset during times of economic uncertainty. Investors often turn to gold as a…
Continue ReadingThe Impact of Powell speech on Gold Prices: What to Watch today 23-8-2024
On 23rd August 2024, Federal Reserve Chairman Jerome Powell delivered a speech at the annual Jackson Hole Symposium in Jackson…
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