Gold and silver prices have been aiming higher in recent weeks. Retail traders have been responding by increasing their downside exposure. Is this a sign XAU and XAG may keep rising?
Gold prices sank ahead of a hotly anticipated US non-farm payrolls report. Further indications of a tight labor market will likely not bode well for gold if the US Dollar keeps rallying.
Gold prices soared in the best single-day gain in almost 4 months. Markets may be pre-positioning themselves for non-farm payrolls data. But, a larger threat is looming down the road.
Gold prices soared as the US economy shrank in the second quarter, boosting bets of a Fed pivot. Softer PCE data on Friday could further boost XAU/USD.
Gold prices are on course for the worst month in over a year despite weakness in the US Dollar in recent days. Ahead, all eyes are on the ECB rate decision amid global monetary tightening.