Gold prices have surged to new session highs following the release of better-than-anticipated labor market data. Initial claims for state unemployment benefits fell to a seasonally adjusted 227,000 for the…
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Anna, an in-house journalist in Lriko.com, holds a profound understanding of the precious metals markets. In her role, she is chiefly responsible for updating the community with insights and analysis on the gold and silver markets. with experience dating back to 2014, Anna is a Futures trader who engages in Energy Futures, Gold, Indices, Stocks, and other instruments. Leveraging detailed knowledge of Elliott Wave and Price Action, she skillfully reads charts down to the most granular level, identifying well-timed, high-probability Intraday and Swing trades.
Gold prices have surged to new session highs following the release of better-than-anticipated labor market data. Initial claims for state unemployment benefits fell to a seasonally adjusted 227,000 for the…
Gold prices rebounded following the release of disappointing U.S. job openings data, which has raised expectations for a larger-than-usual Federal Reserve rate cut in September. During Wednesday’s U.S. trading session,…
Gold prices are maintaining their position near all-time highs despite recent pressure. According to Daniel Ghali, Senior Commodity Strategist at TD Securities (TDS), the current market setup may lead to…
Gold prices inched higher during the North American session following weaker-than-expected U.S. employment data, which increased the likelihood of a 50-basis-point (bps) rate cut by the Federal Reserve (Fed). As…
Silver (XAG/USD) is experiencing a slight bearish trend, trading around $28.25 during the early Asian session on Thursday. The recent rebound in the U.S. Dollar (USD) is weighing on silver…
Gold prices, which surged to record levels in the first half of the year, were initially driven by strong demand from Asian investors, particularly in China. Now, an international bank…
As September begins, gold’s remarkable performance shows signs of strain, with its upward momentum starting to falter. Despite maintaining support above $2,500 per ounce, the precious metal is contending with…
The gold-to-silver ratio remains a pivotal metric in the precious metals market. Despite gold’s superior performance over silver, one analyst predicts that this ratio is unlikely to diminish soon. This…
Despite gold trading near record highs, the precious metal is expected to maintain robust support from central banks, investors, and physical market demand, according to Joni Teves, Precious Metals Strategist…
Gold traders are capitalizing on recent market shifts as a drop in U.S. job openings has reignited interest in the precious metal. The Labor Department’s latest Job Openings and Labor…
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