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Gold fails to build on overnight recovery from multi-week low amid Fed rate jitters

Gold fails to build on overnight recovery from multi-week low amid Fed rate jitters
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United States , Jerome Powell , Federal Reserve , Fed Chair Jerome Powell , North American , Digest Market Movers , Reserve Chair Jerome Powell , Nonfarm Payrolls , Challenger Job Cuts , Weekly Initial Jobless Claims , Trade Balance ,

WTI lacks any firm intraday direction, consolidates in a range below $86.00 mark

West Texas Intermediate (WTI) US crude Oil prices struggle to capitalize on the previous day's goodish bounce from the $84.00 mark, or over a one-week low and oscillate in a narrow band during the Asian session on Thursday. ....

United States , Us Oil , Energy Information Administration , Middle East , Texas Intermediate , Crude Oil , Federal Reserve , Weekly Initial Jobless Claims , Producer Price Index ,

Gold surrenders modest intraday gains, downside seems limited amid geopolitical risks

Gold price (XAU/USD) witnessed some selling on Wednesday and retreated from the all-time peak touched the previous day in reaction to hotter US consumer inflation figures, which tempered hopes for an imminent rate cut by the Federal Reserve (Fed). ....

Federal Reserve , World Gold Council , Us Bureau Of Labor Statistics , Price Index , Middle East , Weekly Initial Jobless Claims , Producer Price Index , Digest Market Movers , Labor Statistics , Consumer Price Index , Relative Strength Index , World Gold ,