• GC
• HG
• MCU
• PL
• SI
• XAU/USD

Gold prices pressured by rate uncertainty as Fed, inflation cues loom

• GC
• XAU/USD

HSBC raises its average gold price forecasts

HSBC raised gold price forecasts due to geopolitical risks and monetary easing, adjusting estimates for 2024-2026 while highlighting strong central bank demand and potential market headwinds.

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• HG
• MCU
• PL
• SI
• XAU/USD

Gold prices decline as payrolls push bets on smaller rate cut

Gold prices decreased slightly amid strong U.S. payrolls data, leading to expectations of smaller Federal Reserve rate cuts. Copper steadies with stimulus hopes in China.

• GC
• HG
• MCU
• PL
• SI
• XAU/USD

Gold prices decline as payrolls push bets on smaller rate cut

Gold prices dropped as strong U.S. payrolls data fueled smaller interest rate cut bets by the Federal Reserve, leading to declines in other precious metals and fluctuations in copper.

• XAU/USD

China's gold reserves unchanged for fifth straight month in September

China's central bank paused gold purchases for the fifth month due to high prices, impacting local demand while global central banks plan to slow their buying.

• XAU/USD

China's gold reserves unchanged for fifth straight month in September

China's central bank paused gold purchases for five months amid rising prices. Holdings increased in value, while global buying is expected to slow in 2024.

• CL
• HSCE
• XAU/USD

These are the best ‘pain trades’ for Q4 according to BofA

Most asset classes gained inflows last week, while U.S. and European equities suffered significant outflows. Emerging markets and Chinese equities showed strong performance amid cautious optimism.

• XAU/USD

Gold rally likely to ease further - HSBC

HSBC warns the gold rally may stall without severe geopolitical risks, as safe-haven demand shifts to the US dollar and upcoming labor data could influence prices.

• XAU/USD

Gold rally likely to ease further - HSBC

HSBC notes a stall in gold's rally, suggesting possible declines unless geopolitical tensions escalate, with a stronger US dollar as a preferred safe-haven currently.

• XAU/USD

Gold rally cripples physical demand in key markets