Gold latest trade reminder: USA heavyweight data is expected to ignite the market! How will gold prices move before Powell's speech?

In early European trading on Monday, spot gold remained stable, with the current price around 2326 US dollars/ounce. On this trading day, gold traders will focus on the US ISM Manufacturing PMI data, which is expected to cause fluctuations in the gold market.

FX168Jul 1 15:53

The Largest Gold Mine in the World by Production Volume

Yahoo FinanceJul 1 06:06

Gold Weekly Review: Interest rate cut prospects are clearer, but the market remains cautious. Independence Day partnering with non-agricultural data could disrupt investment layout.

Spot gold maintained a volatile consolidation this week, opened at $2321.88/ounce, peaked at $2339.79/ounce, bottomed out at $2293.69/ounce, and finally closed at $2326.72/ounce. The trend of the US dollar continues to dominate the recent gold trend. And the Fourth of July in the United States will make next week's economic data unusual, and important releases will be compressed on both sides of the holiday.

FX168Jun 30 08:47

[Kitco Gold Survey] Wall Street will remain on the sidelines next week, while retail investors have mixed views on the outlook for gold prices.

The gold market continues to be dominated by slow stability, and the price of gold is trading within a narrow range between $2300/ounce and $2340/ounce. The latest Kitco News gold weekly survey shows that most industry experts plan to observe next week, while individual investors have differing opinions on the short-term outlook for gold.

FX168Jun 29 07:18

Gold prices slightly fell with a cumulative increase of over 12% in the past six months, as inflation data helped to boost hopes of interest rate cuts for the rest of the year.

On Friday, June 28th, spot gold fell by 0.05%, closing at $2326.31 per ounce. After the US PCE inflation data release, it reached a daily high of $2339.76 per ounce at 21:09 Beijing time. It fell by about 0.10% in June and rose by over 12.78% in the first half of 2024.

FX168Jun 29 05:45

Is Barrick Gold (GOLD) a Buy as Wall Street Analysts Look Optimistic?

Yahoo FinanceJun 28 21:30