Inflation Data Puts Pressure on Non-Yielding Bullion
The Gold Spot Price (XAUUSD) dropped to a one-month low as US inflation data bolstered the Greenback against the Bullion. Headline inflation rose by 0.2% to 3.2%, slightly below the…
The Gold Spot Price (XAUUSD) dropped to a one-month low as US inflation data bolstered the Greenback against the Bullion. Headline inflation rose by 0.2% to 3.2%, slightly below the…
On Thursday, U.S. inflation edged higher compared to the prior month but remained below expectations. At 3.2% for July, the inflation rate picked up steam by 20 basis points compared…
The Gold Spot Price (XAUUSD) kicked off the week on the back foot, closing 32 basis points lower in Monday’s trading session. The downtrend extended into Tuesday’s session as the…
The National Australia Bank (NAB) Business Confidence Index came in higher than the market expected but could still see the lower AUDUSD currency pair trend. Business confidence rose by 2…
The Gold Spot Price (XAUUSD) followed through with declines from last week as it opened the new week on the back foot. The spot price shed 25 basis points in…
The Gold Spot Price (XAUUSD) has remained steady in anticipation of today's non-farm payrolls release. While predictions suggest a decline from 209K to 200K, it's worth noting that NFP has…
On Thursday, the Bank of England reported another 25bps interest rate hike, pushing rates up to 5.25% in a fight against stubbornly high inflation. While the currency pair initially trickled…