Commodity Fundamental Reports

Gold prices surged over 1% on Thursday, rebounding from a two-week low, as a weaker dollar and anticipation of U.S. inflation data shifted market focus. Economic slowdown signs emerged, with declining business equipment spending and a rising trade deficit, while Q1 GDP growth was confirmed to have sharply moderated.

Gold prices dropped nearly 1% to a two-week low on Wednesday, pressured by a stronger dollar and higher bond yields. The dollar reached a near two-month peak, making gold pricier for non-dollar holders, while U.S. 10-year yields rose to a near two-week high.

Gold prices slipped on Tuesday due to a rise in the dollar and Treasury yields as investors anticipated U.S. inflation data expected later this week, which could influence the timing of Federal Reserve interest rate cuts this year.

Gold prices rose on Monday, buoyed by a weaker dollar, as investors anticipated key U.S. inflation data later this week. The U.S. Personal Consumption Expenditures (PCE) data, the Federal Reserve’s preferred inflation measure, due Friday, is the main focus.

Gold prices edged marginally higher after softer-than-expected U.S. retail sales data cemented hopes that the Federal Reserve will reduce interest rates this year, sending the dollar and Treasury yields lower. U.S. retail sales rose 0.1% last month, falling short of the 0.3% forecast by economists. Throughout the week, gold prices surged over 1%, reaching their …

Gold prices edged marginally higher after softer-than-expected U.S. retail sales data cemented hopes that the Federal Reserve will reduce interest rates this year, sending the dollar and Treasury yields lower. U.S. retail sales rose 0.1% last month, falling short of the 0.3% forecast by economists.

Gold prices surged over 1% on Thursday, reaching their highest level in two weeks, fueled by indications of economic slowdown in the US prompting expectations of Federal Reserve interest rate cuts this year.

Description: Gold prices fell nearly 1% on Wednesday as investors awaited the U.S. consumer inflation data and the Federal Reserve’s interest rate policy update. The market is divided on potential rate cuts this year following strong U.S. labor reports, with focus on policymakers’ economic projections and Chair Jerome Powell’s remarks.

Gold prices edged higher on Wednesday despite paring gains, as the U.S. Federal Reserve indicated only one interest rate cut this year due to persistent inflation.

Gold prices edged up on Tuesday despite a stronger U.S. dollar, as investors awaited key U.S. inflation data and the conclusion of the Federal Reserve’s two-day monetary policy meeting. The dollar index, near a one-month peak, made gold more expensive for buyers outside the U.S.

Gold prices rebounded on Monday following their steepest drop in three and a half years, prompted by a strong U.S. jobs report and reports of China’s central bank halting gold purchases.

Gold prices dropped nearly 3% this week, marking their third consecutive weekly decline. The fall was triggered by a stronger-than-expected U.S. jobs report, which dampened hopes for interest rate cuts this year. This bearish trend was further fueled by data showing that China, the top consumer, paused its bullion purchases in May.