Gold price extended its losses for the second consecutive day on Friday but is poised to finish the week with gains of over 1.30% after the latest Nonfarm Payrolls report in the United States (US) was solid, pressuring traders to trim their bets that the Federal Reserve (Fed) will ease monetary poli
Despite muted ETF flows and flat Western macro participation, positioning data shows Chinese Gold speculators pushing SHFE Gold to record highs, setting the stage for a potentially range-bound market — with several bullish catalysts looming, TDS' Senior Commodity Strategist Daniel Ghali notes.
Gold prices are extending losses against the US Dollar (USD) on Friday, falling below prior psychological support, now resistance, at $3,350, after the US Nonfarm Payrolls (NFP) report showed a resilient labour market.
Gold (XAU/USD) is practically flat on Friday, trapped within the last few days' trading range. The broader trend remains positive, but the failure to breach resistance at the $3.400 area this week has shifted the focus towards the $3,340 support area.
Gold has been showing strength for some time now: it is currently scratching at the $3,400 per troy ounce mark again, Commerzbank's commodity analyst Barbara Lambrecht notes.
Silver price (XAG/USD) refreshes over a decade high to near $36.20 on Friday. The white metal performs strongly as market experts quoted it a value buy, citing its secular underperformance in comparison with Gold.
Gold price (XAU/USD) retains its positive bias through the first half of the European session on Friday, though bulls seem reluctant to place aggressive bets and opt to wait for the release of the US Nonfarm Payrolls (NFP) report.
Gold price pared its earlier gains after breaking news revealed that the call between US President Donald Trump and his Chinese counterpart, Xi Jinping, was positive, with the two primarily discussing trade, according to Trump. At the time of writing, XAU/USD trades at $3,350, down 0.72%.
Gold prices are holding firm on Thursday, supported by easing geopolitical tensions, dovish central bank signals and ongoing weakness in US labour market data, factors that continue to drive demand for safe-haven assets.
Gold price (XAU/USD) lacks any firm intraday directional bias on Thursday and oscillates in a narrow trading band through the first half of the European session.
Gold price rallied over 0.80% on Wednesday during the North American session. The release of weaker-than-expected economic data from the United States (US) pushed XAU/USD higher as business activity softened and the jobs market added fewer people to the workforce.
Gold prices are firming above $3,350 against the US Dollar (USD) on Wednesday after a negative ADP employment release and a poor ISM Services PMI print reduced demand for the Greenback.
Central banks added a net 12 tonnes of Gold to global Gold reserves in April, 12% lower than the previous month and below the 12-month average of 28 tonnes, according to the latest data from the World Gold Council.
Gold price (XAU/USD) extends its consolidative price move around the $3,350 region through the first half of the European session on Wednesday and remains close to a nearly four-week high touched the previous day.
Gold price trims some of its Monday gains as it edges down over 0.80% on Tuesday following jobs data from the United States (US), which reveals that the labor market remains tight. At the same time, the overall strength of the Greenback weighed on the non-yielding metal.
Gold prices are experiencing a sharper correction against the US Dollar (USD) on Tuesday, JOLTS (Job Openings and Labor Turnover Survey) beat analyst forecasts, showing a 7.391 million increase in the number of job openings in April.
Another aspect of the Swiss Gold export data is worth mentioning: Gold shipments to the US slumped to 12.7 tons in April, while at the same time 63 tons of Gold were shipped from the US to Switzerland, Commerzbank's FX analyst Michael Pfister notes.
Data published last week by the Swiss customs authority on Gold exports and the Hong Kong Statistics Department on Gold trade between Hong Kong and China point to a revival in demand for Gold in the Middle Kingdom.
Gold price (XAU/USD) maintains its offered tone below a four-week top touched earlier this Tuesday, though it has managed to rebound slightly from the daily low set during the first half of the European session.
Gold prices rallied sharply on Monday, reaching their highest level in over four weeks, as geopolitical risks escalated over the Russia-Ukraine conflict. Renewed tensions on trade between the United States (US) and China prompted investors to buy the yellow metal throughout the day.
Markets continue to expect large-scale CTA buying activity in Gold markets, tallying up to a massive +20% of max size into this week's NFP in any scenario for prices, reflecting a rise in leverage and signal strength as Liberation day's vol-shock continues to reverberate across markets, TDS' Senior
Gold (XAU/USD) has been one of the major beneficiaries of the US Dollar sell-off on Monday. The Precious metal has surged about $60 so far, as the US dollar drops across the board on a mix of trade uncertainty and looming woes about the US fiscal health.
Gold price (XAU/USD) builds on its intraday positive move and advances to over a one-week high, around the $3,359 area during the first half of the European session on Monday.
The Gold price (XAU/USD) rebounds to around $3,310 during the early Asian trading hours on Monday. Ongoing tariff uncertainty and persistent geopolitical tensions boost demand for safe-haven assets like gold.
Gold price slumped on Friday as the US Dollar recovered some ground despite witnessing a drop in US Treasury bond yields following a strong inflation report, which keeps traders hopeful that the US Federal Reserve (Fed) will ease policy in 2025. XAU/USD trades at $3,289, down 0.83%.
Pretplatite se na ovu raspravuObavijesti me kada netko objavi u ovoj raspraviObavijesti se prikazuju na stranici i putem e-pošte. Molimo navedite učestalost obavijesti e-poštom koje želite primati za ovu pretplatuUčestalost e-pošte:
Pretplati se
| Napišite svoje mišljenje
Important Information Before You Sign Up as a Company
Before you proceed, please read this important information about our review and rating policies.
Do – Get real customer reviews and embed our ratings widgets
Do – Get real customer reviews and embed our ratings widgets
Showcasing real experiences builds trust and drives long-term success. Our widgets highlight authentic customer feedback, boosting credibility. They link directly to your review page, making it easy for customers to share their experiences—so place them where happy clients can see and contribute.
Don't – Attempt to trick our system with fake reviews
Don't – Attempt to trick our system with fake reviews
We outperform other platforms in detecting fake reviews—our system gets smarter with more reviews. Using automated and human analysis, we monitor review trends, company history, and network and engagement patterns to flag suspicious reviews. Spam reviews appear in the spam tab, alerting the community, and repeated abuse may trigger manual violations. The best strategy? Rely on real, satisfied customers to build your rating honestly.
Podijelite svoju recenziju!
Nadamo se da uživate u našoj usluzi i voljeli bismo doznati kakvi su vaši dojmovi!
Kliknite jednu od ovih poveznica kako biste napisali recenziju: