简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Gold & Silver Updates
Abstract：Gold drops, silver tumbles after U.S. jobs growth tops estimates.
Gold extended its slump in early Asian trading, and silver tumbled, after a stronger-than-expected U.S. jobs report fueled expectations that the Federal Reserve may start paring back massive monetary stimulus soon.
Bullion fell more than 4% before trading 2.4% lower at $1,720.78 an ounce. Silver slumped as much as 7%. Data on Friday showed U.S. employers added the most jobs in nearly a year and the unemployment rate declined faster than forecast.
Stay tuned on WikiFX for 7/24 news flash, broker updates, VPS info and more!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Breakthrough again! Gold breaks through $2530 to set a new record high!
Spot gold continued its record-breaking rally as investors gained confidence that the Federal Reserve might cut interest rates in September and gold ETF purchases improved. The U.S. market hit a record high of $2,531.6 per ounce
Historic Moment: Gold Surges Above $2,500 Mark, Forging Glory!
Boosted by the weakening of the US dollar and the expectation of an imminent rate cut by the Federal Reserve, spot gold broke through $2,500/ounce, setting a new record high. It finally closed up 2.08% at $2,507.7/ounce. Spot silver finally closed up 2.31% at $29.02/ounce.
Weekly Analysis: XAU/USD Gold Insights
Gold prices have been highly volatile, trading near record highs due to various economic and geopolitical factors. Last week's weak US employment data, with only 114,000 jobs added and an unexpected rise in the unemployment rate to 4.3%, has increased the likelihood of the Federal Reserve implementing rate cuts, boosting gold's appeal. Tensions in the Middle East further support gold as a safe-haven asset. Technical analysis suggests that gold prices might break above $2,477, potentially reachin
【MACRO Insight】Monetary Policy and Geopolitics - Shaping the Future of Gold and Oil Markets!?
In the ever-evolving global economy, the intertwining influences of monetary policy and geopolitical factors are reshaping the future of the gold and crude oil markets. This spring, the gold market saw a significant uptrend unexpectedly, while Brent crude oil prices displayed surprising stability. These market dynamics not only reflect the complexity of the global economy but also reveal investors' reassessment of various asset classes.
WikiFX Broker
Latest News
Saxo & Portuguese Bank Partnership
WikiFXSEC Fines Broker-Dealers $275K for Incomplete SAR Filings
WikiFXElon Musk Warns of Imminent US Bankruptcy | Bitcoin Retreats from $100K
WikiFXWikiEXPO Global Expert Interview: Advanced Practices and Insights in Financial Regulation
WikiFXJustin Sun Invests $30M in Trump-Backed World Liberty Financial
WikiFXKraken Closes NFT Marketplace Amid New Product Focus
WikiFXRobinhood Launches Ethereum Staking with 100% Rewards Match
WikiFXLured by False Promises: Malaysian Driver Lost RM218K to an Investment Scam
WikiFXFTX Sets March 2025 Timeline for Creditor Payouts: What It Means for Investors
WikiFXWhat is an Economic Calendar? How it works
WikiFXCurrency Calculator
