Western Union notes: Gold prices got a boost after dovish comments from FOMC Chair Janet Yellen at the press conference after the two day FOMC meeting where the FOMC statement was largely left unchanged. The lower trend …
Gold prices got a boost after dovish comments from FOMC Chair Janet Yellen at the press conference after the two day FOMC meeting where the FOMC statement was largely left unchanged. The lower trend in the FOMC members "dot plots" was also supportive of higher precious metal prices.
Gold which has lost its luster with expectations of higher interest rates in the US Dollar could make a comeback if US economic data is weaker than expected which would push back the timing for a Fed rate hike.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
