Gold pressured on technical selling, drop in crude oil

Gold pressured on technical selling, drop in crude oil: Gold pressured on technical selling, drop in crude oil Gold prices are lower in midday U.S. trading Wednesday. The sellers are in control today as crude oil prices have slumped to a 3.5-month low and ...

Gold prices remain stuck in neutral as U.S. economy created 187K jobs in July, wages increase

Gold prices remain stuck in neutral as U.S. economy created 187K jobs in July, wages increase: Gold prices remain stuck in neutral as U.S. economy created 187K jobs in July, wages increase The gold market is trying to hold critical resistance levels as the U.S. labor market loses momentum in Ju...

The hawkish Fed narrative continues to underscore the need for further rate hikes

The hawkish Fed narrative continues to underscore the need for further rate hikes: The hawkish Fed narrative continues to underscore the need for further rate hikes The recent volatility that led to diminished bullish market sentiment for gold has diminished as gold continues to eff...

Traders bid stocks, gold, and Silver higher, but is the optimism warranted?

Traders bid stocks, gold, and Silver higher, but is the optimism warranted?: Traders bid stocks, gold, and Silver higher, but is the optimism warranted? Market participants continue to react to the bullish market sentiment created by yesterday's CPI report. Inflation came in a...