Market Overview
Gold firms while equities soften ahead of Fed and Bank of Canada
Market Recap XAUUSDXAUUSD set a five-day low early in the session at 4170.10 at 08:12 and later posted the high at 4221.36 at 18:45, before settling at 4208.58. From an open at 4190.69, the close marked a gain of 17.89 points, or 0.43%. The intraday distance between low and high measured 51.26 points, equal to 1.22% of the opening level.…
Gold eases and Dow slips as traders await RBA decision and Treasury auction
Market Recap XAUUSD+XAUUSD opened the session at 4196.68 and posted an early advance to 4218.94 at 08:34, before retreating to the day’s low of 4176.37 at 17:15. It settled at 4190.70, down 5.98 points on the day, a decline of 0.142%. The intraday span measured 42.57 points, or 1.01% of the open, with the close positioned in the lower third…
Gold softens while oil firms after upbeat Canada labor data
Market Recap XAUUSDXAUUSD finished softer on Friday, settling at 4199.21 for a loss of 9.52 (-0.23%) from the 4208.73 open, with a 67.2 range that amounted to 1.6% of the open. The session topped out at 4259.31 at 17:39, brushing the 4260 handle, before retreating into the close to print the day’s low at 4192.11 at 23:20 within the 4190…
Dollar steadies on firm US claims while gold holds and yen eyed
Market Recap XAUUSDXAUUSD closed at 4208.55, up 4.67 on the day for a 0.111% gain from the 4203.88 open. The session ranged 44.34 points, or 1.05% of the open, between a low at 4175.10 set at 07:53 and a high at 4219.44 reached at 18:18. Price moved away from the early trough and progressed to the late-session peak before easing…
Gold firms while oil eases as traders digest strong Canadian growth
Market Recap XAUUSDXAUUSD rose through the session, closing at 4219.43 for a gain of 62.72 or 1.509% from the 4156.71 open. Price set its low at the open at 01:00 and trended higher into the US afternoon, reaching the day’s high at 4226.96 at 20:32. The intraday range measured 70.25, or 1.69% of the open, coming in below the D1…