gold technical analysis
Fundamental Analysis

Gold Remains Flat as Markets Await US Inflation, Retail Sales Reports

Gold prices remained range-bound ahead of crucial US data on inflation and retail sales. Traders remained cautious, as these numbers will shape the outlook for the October Fed meeting. At the same time, focus remained on the conflict between the Houthis and Saudi Arabia, which intensified, sending oil prices higher. Spot gold (Source: Bloomberg) Gold Read More…

Fundamental Analysis

Interest Futures Rebound as 30-Year Auction Points to Increased Demand

Interest futures recovered on Thursday after a successful 30-year bond auction. At the same time, Trump said he would not bomb Iran until after the midterm elections, easing concerns about higher fuel prices and hotter inflation. However, underlying fundamentals still indicate further downside for bonds. The US Treasury Department announced a bigger-than-expected sale of 30-year Read More…