Gold: A Deep Dive Into Market Dynamics And The Impact Of Jackson Hole Symposium

Gold prices maintained a positive weekly trend despite a dip influenced by Jerome Powell's remarks, with potential for further growth and a projected target of around $1981 based on market analysis.

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8/23/2023

Price gains for gold; silver bulls charged up

Gold prices are slightly up and silver prices have hit a three-week high due to short covering and bargain hunting, with silver seeing significant improvement in its technical posture.

8/29/2023

Gold recovers further as value-buying kicks in ahead of labor market data

Gold price is aiming to sustain above $1,920.00 as pressure builds on the US Dollar and Treasury yields, with the upcoming labor market data playing a crucial role in guiding the Federal Reserve's policy action.

8/30/2023

Key technicals now favor gold bulls, and macro events could push prices higher - FX Leaders' Butt

Gold prices could receive a boost from key technical indicators, U.S.-China tensions, and weaker economic data, despite some challenges, according to Arslan Butt, Lead Commodities and Indices Analyst at FX Leaders.

8/31/2023

Gold prices holding steady as US PCE inflation rises 0.2% in July, up 4.2% for the year

The gold market remains steady despite stable inflation pressures, suggesting that the US central bank may be able to end its tightening cycle.

9/1/2023

Price gains for gold, silver after tame U.S. jobs data

Gold and silver prices are higher and hit daily highs in early U.S. trading on the back of a dovish U.S. economic report and expectations of no further interest rate hikes from the Federal Reserve.

9/1/2023

Gold prices holding near session highs as U.S. economy created 187K jobs in August, beating expectations

Gold prices are holding steady gains near session highs as the U.S. labor market showed stability with higher nonfarm payrolls but also a rise in the unemployment rate.

9/1/2023

Gold prices near session lows as ISM Manufacturing PMI rises to 47.6% in August

Gold prices remained stable near session lows as the latest data on the U.S. manufacturing sector showed improvement but still indicated contraction for the tenth consecutive month.

9/3/2023

Silver, Gold Price Forecast: Market Trend Hinges on Data, Key Levels in XAU/USD

Gold prices rose slightly last week while silver remained mostly unchanged, but both metals are expected to potentially move together in an upward direction next week due to a dovish outlook on interest rates and potential repricing of the Federal Reserve's monetary policy.

9/5/2023

Gold prices tread water as markets weigh Fed policy path

Gold prices decline slightly as the dollar remains strong, with investors awaiting further signals on the U.S. Federal Reserve's monetary policy after an expected interest rate pause this month.

9/7/2023

Gold Prices Show Resilience Despite Dollar Strength, Holding Near Key Support Level

The dollar index has been on a sustained rally since mid-July, leading to a slight decline in gold prices due to the inverse relationship between the two, but gold has held up well despite the strength of the dollar.

9/11/2023

Gold Rises as Dollar Weakens Ahead of Key US Inflation Data and Fed Rate Decision

Gold prices rose on Monday, reaching their highest level in nearly two weeks, as the dollar weakened ahead of the U.S. inflation data, which could impact the Federal Reserve's interest rate decision.