Gold

$40 Silver in Sight? BofA Says Yes

The Gold-Silver Ratio (XAU/XAG) measures how many ounces of silver are needed to purchase one ounce of gold, providing a clear example of the relative performance of each metal....

RSI Flags Gold Risks Before GDP, PCE Data?

Gold is set to face two major US economic data points this week, following last week’s surprise 50-basis-point interest rate cut from the Federal Reserve: U.S. GDP figures on Thursday and Core Personal Consumption Expenditures (PCE) on Friday...

Is Gold Predicting a 50-Point Rate Cut?

Gold surged to an all-time high before pulling back, as investors await the Federal Reserve’s first move to ease monetary policy in over four years....

50-50 Odds for Big Rate Cut this Wednesday

The Federal Reserve’s upcoming rate decision is teetering on a knife’s edge, with the odds of a significant cut climbing. According to the CME’s FedWatch tool, the chances of a 25 or 50-basis-point reduction are now evenly split at 50-50....

XAU/USD: Citi Sees 50bp Rate Cut After NFP

Citi anticipates the upcoming Non-Farm Payroll (NFP) report will show 125,000 new jobs, leading to a 50-basis point rate cut by the Federal Reserve. Citi suggested in a note to Clients on Tuesday that if payrolls come in between 125,000...

Can Weak Jobs Trigger 50bps Cut, Sink USD?

Next week’s job reports could be the decisive factor in determining the scale of the Federal Reserve’s rate cut in September. Bank of America, among others, had initially forecast a 25-basis point cut next month...

Can Gold’s Uptrend Survive Friday’s PCE Data?

Gold prices slipped over 0.7% on Wednesday as the U.S. dollar rebounded, setting the stage for a pivotal close to the month with key inflation data on the horizon. Markets are bracing for the upcoming Personal Consumption Expenditures (PCE) Price...

Stock Surge Leaving Bitcoin Behind?

The longstanding correlation between the Nasdaq and Bitcoin took a hit today as the two markets diverged, signaling potential shifts in investor sentiment. This breakdown could be a precursor to broader market volatility, particularly as Nvidia prepares to release its...

Gold’s Uptrend Intact? ATH Remains Unbroken

Gold extended its rally on Monday as mounting expectations for a Federal Reserve rate cut in September fueled demand for the safe-haven asset. Powell gave the green light on interest rate cuts during his speech at Jackson Hole last Friday....
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