Gold held steady at $3,321/oz in European trading on Tuesday (July 29th). Following the US-EU tariff agreement, the market remains preoccupied with discussions about the implementation and direction of US-China negotiations. Sentiment remains positive thanks to low interest rates and geopolitical tensions, although the NFP data and the Fed's comments this week could be game-changers.
Market participants are currently awaiting important data, which will be released tonight at 9:00 PM WIB. The results of the data could lead market participants to speculate ahead of the FOMC.
The gold price at the time of writing was $3,321/oz.
Note: This article is analytical only and is not a definitive reference. Consider fundamental and technical developments in trading before making investment decisions.
Source: Newsmaker.id
Silver prices are currently rising slightly, reflecting price consolidation after a significant surge last week. On Friday, silver prices surged nearly 4% to a 14-year high of $39.12, driven by global...
Gold prices held around $3,310 per ounce on Tuesday (July 29), near a three-week low, as signs of easing trade tensions and a strengthening US dollar dampened the metal's appeal. Investors are closel...
Gold stabilized at $3,337/oz following the US-EU tariff agreement, but the market remains preoccupied with discussions about the implementation and direction of US-China negotiations. Sentiment remain...
Silver prices (XAG/USD) gained ground in Asian trading on Monday (July 28th), capitalizing on the current dollar weakness, which helped offset pressure from increased risk appetite after the US and th...
Gold prices held around $3,330 per ounce on Monday, after three consecutive sessions of declines, as the newly announced US-EU trade deal dampened demand for safe-haven assets. The US and EU reached ...
European stocks declined on Wednesday, with both the STOXX 50 and STOXX 600 slipping nearly 0.2%, reversing modest gains from the previous session, with investors continuing to focus on fresh corporate earnings. Hermès fell more than 2% after its...
The Nikkei 225 Index shed 0.05% to close at 40,655 while the broader Topix Index gained 0.4% to 2,920 on Wednesday, with Japanese shares struggling for clear direction as investors braced for the latest Bank of Japan monetary policy decision. The...
Silver prices held around $38 per ounce on Wednesday, hovering near two-week lows as investors remained cautious ahead of the Federal Reserve's policy announcement. The Fed is widely expected to keep interest rates unchanged, though markets are...
Europe's Stoxx 600 index erased earlier gains to close 0.23% lower as investors turned less positive over the details of the U.S.-EU trade...
The European Union and the U.S. will form a "metals alliance" to counter the impact of subsidised Chinese production on global markets, as part of...
European stock markets closed higher in Tuesday trading as the Stoxx Europe 600 was up 0.33%, Germany's DAX climbed 1.03%, the FTSE 100 gained...
The Dow Jones Industrial Average (DJIA) tested all-new record highs early Monday, clipping into the high side in early trading before the weight of...