FxGrow’s Post

The #gold is back again after the economy is not at risk of #recession while the Fed is about to cut interest rates. Yet, I believe that gold may not the first asset that investors will buy when the market is entering an uptrend. At the same time, Thai traders must be careful that #THB, this time, will strengthen along with the gold prices. https://lnkd.in/g4s_cDUx

Daily Market Report - Thursday, July 25, 2024 Global equity markets and Crude oil prices extended the losses. JPY remains the strongest currency pair of the week. Commodity currencies crashed. Gold prices hit over a 2-week low. Read more▶️ https://lnkd.in/dYfAZMNt #stockmarket #gold #crudeoil #selloff #tradingtips #usdjpy #equitymarkets #technicalanalysis

Market Outlook 21/2/24 💡 XAUUSD, H4: Chart Analysis Gold prices were traded lower after being rejected from 2030, signalling possible end to upside bias for the time being. MACD shows diminished upside momentum, increasing the biasness towards the downside for short-term. The commodity entered into a reversal as US dollar firms up following further rate cuts from People's Bank of China. Focus price level: Resistance: 2030 2041 Support: 2022, 2014 #XAUUSD #Gold #Trading #TechnicalAnalysis #UltimaMarkets

Learn how to leverage the inverse correlation between gold and the USD index, and stay ahead of market shifts during economic uncertainty. #GoldTrading #Gold #forextrading Watch the video to learn more... https://lnkd.in/eUTE5f85

Silver's recent price trends, particularly re-testing 2011 highs in yen terms, suggest a potential 90% appreciation against the USD. This indicates increased attractiveness as an investment and could signal a shift towards precious metals in global markets, reflecting concerns over inflation and currency devaluation. If this trend continues, the implications for the industrial sector and investment strategies could be significant, especially given silver's historical undervaluation suggested by the gold-to-silver ratio. #silver #macroeconomic #yen source: tavi costa, bloomberg

Gold prices experienced a decline in Asian trading on Thursday, primarily influenced by the strength of the dollar and U.S. Treasury yields, as traders remained cautious ahead of significant economic data that could impact interest rates. The surge in the greenback to its highest level in over two weeks was driven by concerns about sustained high U.S. interest rates, prompting investors to favor the... Tap the link in our bio to read more. #GoldPrices #DollarStrength #InterestRates #Commodities #financialmarkets

Gold staged a strong comeback in July, following June’s decline, hitting an all-time high of US$2,480/oz mid-month, driven primarily by weaker bond yields and US dollar. But what happened in July almost seems irrelevant given the market moves in recent days. Early August saw the third highest spike in implied equity volatility (VIX) on record as a confluence of factors including a Bank of Japan hike, de-levering and weak US employment data drove indices sharply lower. Some of the ground has since been made up, but a return to pre-selloff exposure might take time. Gold fell a maximum of 4.6% from Friday’s high to Monday’s brief low and today is comfortably back above $2,420/oz. During such liquidity events we tend to see gold sell off initially as investors seek to cover margin calls by selling things they can rather than perhaps what they want to. And given gold’s ADVs of more than $150bn a day, it can be called upon to meet short term cashflow requirements in times of market stress. See the diversification section of our 2024 case for gold for more on this. Looking ahead, August has typically been kind to gold, aided by weakness in bond yields. But this time around seasonal tailwinds are up against some powerful cross currents including Jackson Hole, US politics and the recent surge in market volatility. Gold Market Commentary July - link below.

Gold surges to new high Full Article Link >>> https://lnkd.in/gTA5Q7DR Gold surged to a record, boosted by increasing optimism the Federal Reserve will start easing monetary policy this year and by rising geopolitical tensions in the Middle East.Bullion jumped as much as 1.4% to hit $2,450 an ounce in Asia on Monday, surpassing a previous intraday high reached in April. Traders have been boosting bets […] . . Latest IND . . . . #trendingnews #newstrending #trendingtopicnews #lifestyle #business #news #healthylifestyle #smallbusiness #supportsmallbusiness #lifestyleblogger #luxurylifestyle #businessowner #businesswoman #smallbusinessowner #businessnews

Gold prices held steady during Asian trading hours on Friday, nearing the crucial threshold of $2,050 per ounce, buoyed by expectations of potential interest rate cuts by the Federal Reserve amid easing inflation concerns. The spot prices of gold are on the verge of breaking above the $2,000 to $2,050 per ounce range, a significant level that has been established for most of 2024. However, the strength of the US dollar has limited further gains in gold, with the greenback showing resilience in overnight trading and maintaining its strength in the Asian session. Tap the link in our bio to read more. #GoldPrices #USRateCut #PreciousMetals #MarketAnalysis #InvestmentNews #FinancialMarkets #Commodities #EconomicIndicators #MarketTrends #GlobalEconomy #GoldMarket #USFederalReserve #EconomicOutlook #SafeHaven #investmentstrategies