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Silver Prices Forecast: Rate Cut Bets, Record Gold Prices Driving Momentum
41 minutes ago
Nasdaq Index, Dow Jones, S&P 500 News:
about 1 hour ago
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gold
Gold
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XAU
Open
2,409.48
-10.91 (-0.45%)
in
:
USD
•
As of: May 20, 2024 12:42
UTC
Prev. Close
2,420.39
High
2,450.11
Low
2,407.40
Overview
News & Analysis
Advanced Chart
History
Stats
Powered By
:
Prev. Close
2,420.39
High
2,450.11
Low
2,407.40
Ask
2,410.13
Bid
2,408.83
Spread
1.3000
Price Drivers
Positive
EUR/USD
United States Inflation Rate
S&P Technology Sector
Value
:
$1.08577
Stronger EUR/USD is bullish for all dollar-denominated precious metals including gold.
Negative
Europe Consumer Services Index
United States Interest Rate
Value
:
$1,803.77
Weak U.S. Consumer Discrationary Sector is bearish for gold as gold is used in jewelry.
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Economic Calendar
All Events
Time zone
:
GMT
Monday, May 20th 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
01:15
CNY
Loan Prime Rate 1Y
Medium
3.45%
3.45%
3.45%
01:15
CNY
Loan Prime Rate 5Y
May
Medium
3.95%
3.95%
3.95%
07:50
CNY
FDI (YTD) YoY
Apr
Medium
-25.0%
-26.1%
11:30
BRL
BCB Focus Market Readout
Medium
12:45
USD
Fed Bostic Speech
Medium
13:00
USD
Fed Waller Speech
Medium
13:00
USD
Fed Barr Speech
Medium
Latest News
FXEmpire
9 minutes ago
Gold Price Forecast – Gold Continues to See Noisy Bullish Pressures
Gold
-0.18%
FXEmpire
2 hours ago
Gold Prices Forecast: Rate Cut Speculation Spurs XAU/USD to Record High
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-0.18%
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4 hours ago
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6 hours ago
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-0.18%
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-0.18%
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May 19, 2024
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