Fed – Page 2 – NATURALDEPOSIT

Gold Rises $1.20 Amidst Speculation of Fed Holding Off on Rate Hikes

Gold futures concluded on a positive note on Friday, September 1st, as market sentiment leaned towards the Federal Reserve (Fed) delaying any interest rate hikes in its upcoming meetings. This optimism followed the release of a Labor Department report, which highlighted sluggish nonfarm payrolls and a simultaneous increase in unemployment. Gold futures experienced an uptick …

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Gold Achieves Three-Week High with Dollar’s Slide, Anticipating Fed’s Interest Rate Adjustment

Gold

In a notable upswing, gold futures soared to a three-week high on Tuesday, August 29th, benefitting from the weakened state of the dollar. Simultaneously, lackluster US labor data further fueled speculations that the US Federal Reserve (Fed) could halt its interest rate hikes. Gold futures demonstrated a remarkable climb of $18.30, equivalent to a 0.94% …

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Gold Slips $7.20 as Robust Dollar and Elevated Yields Exert Weight on Prices

Gold

Gold futures faced a downward trajectory on Friday, August 25th, as a potent dollar and an upswing in US bond yields applied pressure to the precious metal’s prices. The decline was further spurred by indications from Federal Reserve Chairman Jerome Powell regarding an imminent rate hike this year, a message delivered during the annual gathering …

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Gold Edges Up by $3 as Bond Yields Ease; Market Anticipates Powell’s Speech

Gold

Gold futures demonstrated an upward trend on Tuesday (August 22), propelled by a deceleration in US Treasury yields. All eyes are now on Federal Reserve Chairman Jerome Powell’s upcoming speech at the annual Jackson Hole gathering, where analysts and investors will dissect his remarks for insights into the Fed’s stance on interest rates. The price …

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Philadelphia Fed’s Manufacturing Index Surges Beyond Predictions in August

News

In a surprising turn of events, the Federal Reserve Bank’s Philadelphia Branch has unveiled an encouraging upswing in its Mid-Atlantic Manufacturing Index for the month of August. The index surged to a remarkable +12.0, marking the highest point since April 2022. This notable growth stands in stark contrast to the previous month’s reading of -13.5, …

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Fed Reveals Surprising Surge in Industrial Production for July

News

In a promising turn of events, the Federal Reserve has announced that industrial production experienced a notable uptick in July, surpassing initial expectations. After witnessing a 0.5% decline in June, industrial production rebounded with a significant 1.0% increase. The metrics used to gauge this growth encompass a comprehensive view of various sectors including factories, mining, …

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Gold Slides $2.60 as Robust Dollar and Rising Bond Yields Exert Pressure on Market

Gold, Markets

In a continuation of its downward trajectory, gold futures marked their sixth consecutive day of decline on Monday (Aug. 14), driven by the persistently strong dollar and an upward surge in US Treasury yields. The simultaneous impact of these factors weighed heavily on the precious metal market. Investors remain vigilant as they await the release …

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Gold Prices Experience Decline of $2.3 as Bond Yields Soar, Strong Dollar Impedes Buying Pressure

Gold

In a week marked by significant fluctuations in the financial markets, gold futures closed on Friday with a notable decline of $2.30, amounting to 0.1%, settling at $1,946.60 per ounce. This decline marks the most substantial weekly loss since late June. The dip was largely attributed to the simultaneous strengthening of the US dollar and …

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Expert Anticipates Gold to Reach $2,500 Next Year as Fed Pauses Rate Hikes

Gold, News

Financial experts and market analysts are projecting a substantial surge in gold prices for the upcoming year, driven by a prospective halt in interest rate increases and growing concerns about a potential recession. These factors are poised to elevate gold’s status as a safe-haven asset, attracting investors seeking stability and security. Refinitiv’s data reveals that …

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Global Attention Turns to Jackson Hole Meeting as Market Seeks Fed Interest Rate Insights

News

In a highly anticipated event, all eyes are on the upcoming annual gathering of the Federal Reserve in Jackson Hole, Wyoming, as investors eagerly await any signals that could shed light on the direction of the Fed’s interest rate policy. Scheduled to unfold from August 24 to 26, this year’s Jackson Hole meeting bears the …

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