Markets Stay Supported as Traders Await Key U.S. Employment Indicators
XAUUSD XAUUSD tracked a 52.06-point session range (1.47% of the open) between 01:00 and 23:57 GMT, setting a fresh 5‑day and 10‑day high. The low printed early at 3526.45 at 02:44 GMT, while the high came late at 3578.51 at 21:15 GMT, aligning with the 3570 handle …
Gold Extends Rally While Major Pairs Hold Firm Ahead of U.S. Labor Data
XAUUSD XAUUSD tracked a 52.06-point session range (1.47% of the open) between 01:00 and 23:57 GMT, setting a fresh 5‑day and 10‑day high. The low printed early at 3526.45 at 02:44 GMT, while the high came late at 3578.51 at 21:15 GMT, aligning with the 3570 handle and m…
Steady Gains Across Majors as Gold and Sterling Set Fresh Highs
XAUUSD XAUUSD posted a fresh 5‑day and 10‑day high at 3489.83 at 06:40 GMT and settled at 3476.17 by the 18:29 GMT close, up 26.53 on the session or 0.769% from the 22:00 GMT open at 3449.64. The intraday range spanned 52.79 (about 1.53% of the open), framed by an early…
Australian Dollar Face Tests: RBA Easing Bet, Risk Sentiment
On Wednesday, the latest Australian Monthly CPI Indicator showed headline inflation rising by 2.1% year-on-year in May, down from 2.4% in April—marking the slowest annual increase since October 2024. The trimmed mean CPI—the RBA’s preferred core inflation gauge—also eas…
Gold and Oil at a Crossroads as Geopolitical Risks Recede
Tensions in the Middle East took a dramatic turn on Monday after U.S. President Trump announced a “complete and total” ceasefire between Israel and Iran, following nearly two weeks of intense military confrontation. The ceasefire—reportedly brokered through Qatar—came a…