-
Gold erases losses despite strong U.S. jobs data after ceasefire hopes emerge
Gold steadied on Monday as prospects for a potential Israel-Iran ceasefire helped the metal rebound from session lows, though strong U.S. jobs data boosted expectations of a Federal Reserve rate hike and limited the upside. Spot gold was up 0.33% at $4,343.03 an ounce, after hitting its lowest level since March 23 earlier in the day at $4,268.39. U.S. gold futures for August delivery was up 0.05% at $4,367.30. President Trump said on Monday that both Israel and Iran were looking to “do an immediate ceasefire” and that final negotiations on “peace” were proceeding. “We rebounded off the overseas lows ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @MarketsCapApp|5 hr ago|10 commentsJust in | Japan's Finance Minister Katayama reaffirms commitment to current policies and readiness for decisive action. Japan Finance Minister Katayama said it is possible to balance fiscal sustainability with measures aimed at boosting economic growth.
From elements.visualcapitalist.com|6 hr agoBattery materials sit at the center of the global energy transition. They are essential for electric vehicles, energy storage systems, consumer electronics, and the broader shift ...
From vtmarkets.com|6 hr agoGold steadied near an 11-week low as the market balanced renewed Middle East hostilities against a hawkish Federal Reserve outlook. XAU/USD was flat around $4,320 after an ...
-
- Newer Stories
From youtube.com/cnbctelevision|4 hr agoCNBC's Steve Liesman joins 'Squawk Box' with the latest news from the Federal Reserve.
From morningstar.com|3 hr agoFrom everything investors are told, it makes no sense that gold (GC00) would fall so much in the midst of the Iran war, which is now 100 days old. Since Feb. 27, the day before ...
From investinglive.com|3 hr agoThe export beat is likely to draw attention from trade-sensitive markets and trading partners already watching China's external position closely. The acceleration from April's ...
- Story Stats
- Jun 8, 8:00pm | 5 hr ago Posted byFundamental Analysis90
- Instruments:
