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Gold has once again risen alongside the US dollar and US Treasury yields! Does this suggest something?
Is Gold shining with the glow of the "ultimate safe-haven asset"?
The big Gold market is on the brink! How to Trade Gold on 'Non-Farm Payroll Day'? Analyst's latest technical analysis of gold prices.
In Friday's European market morning, spot Gold maintained its intraday upward momentum, with the current gold price at 2,680 USD/ounce. FXStreet Senior Analyst Dhwani Mehta stated that Gold traders are eagerly awaiting the USA non-farm employment data in order to make new bets.
NYSE Copper and Silver surged significantly, with "tariff fears" bringing about the "USA Metal premium".
Market concerns about the uncertainty of Trump's trade policy have led to the NYSE Silver Futures price premium over London spot Silver exceeding $0.9 per ounce, nearing the peak seen in December of last year, while the premium for Copper Futures has also reached $623 per ton.