Market analysis, gold prices and trading, updated continuously.
Silver's price saw a slight rise but was capped by increasing US yields, limiting its recovery.
Silver prices increased by 0.39% but were limited by rising US yields. How does this affect the gold market?
Silver's price is influenced by US yields, affecting the gold market too.
USD/MXN hit 24-month lows below 17.00 but has rebounded. The strength of the Mexican Peso may impact the gold market.
TD Securities expects Canadian CPI to rise to 2.9% in July, driven by higher gasoline and food prices, with other components remaining muted.
UoM's Consumer Sentiment Index may drop due to inflation and labor market concerns.
Rupiah remains steady as traders await President Prabowo's budget address.
The Euro remains firm above 1.1500, influenced by US inflation affecting Fed rate hike expectations.
The Japanese Yen struggles against the US Dollar despite softer US PPI data, highlighting challenges in currency trading.
The USD strengthened after initial post-CPI weakness, impacting the gold market and highlighting the importance of automated trading.
Asian stocks gain strength from softer US inflation and AI earnings, impacting the gold market.
The Euro declined after a soft US inflation report, altering expectations for a less hawkish Fed.