| Updated: 
The yellow metal gold is trading with a slightly bearish bias at 1,986 level, as the bulls started doing profit-taking ahead of FOMC meeting minutes today. Now the question is, Is gold likely to drop further, or will it reverse over 1,986 zones? Check out our video above to learn more about the gold price forecast today.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Mastercard shares fall for a third straight session on Monday, company to create 1 500 tech jobs in Dublin Mastercard Inc (MA) intends to recruit 1 500 additional staff in Dublin over the upcoming 3 to 5 years, Reuters reported.According to IDA Ireland state agency, as a result of the move, Mastercard's headcount will increase to over 2 000 […]
Gold trading outlook: futures edge up ahead of Fed meeting Gold rose on Monday but remained pressured by mounting speculations that the Federal Reserve would indicate a sooner increase in interest rates during its upcoming meeting.Comex gold for delivery in April was up 0.79% at $1 161.5 per troy […]
Asian Markets Tumble Amid Economic Anxieties, Nikkei Falls Under 37,000 Key momentsTuesday saw Asian markets gripped by apprehension, resulting in a widespread index decline. Japan’s Nikkei 225 suffered a notable drop, plunging below 37,000 and briefly breaching 36,000.
Other regional indices also declined: […]
Copper drops on China data Copper dropped on Tuesday after Chinas National Bureau of Statistics reported the countrys Producer Price Index dropped more than expected in June, marking the worst run since 2002.On the Comex division of the New York Mercantile […]
Gold trading outlook: futures mark time not far from recent lows, as markets eye the FOMC Minutes, US data string On Tuesday (in GMT terms) gold for delivery in December traded within the range of $1,205.6-$1,220.9. Futures closed at $1,211.2, edging up 0.12% compared to Monday’s close. It has been the 180th gain in the past 386 trading days and also […]
GBP/SEK confined in tight range, focus on BoE, Riksbank The GBP/SEK currency pair was stuck within a narrow daily range on Tuesday ahead of the outcome of the Bank of England’s and Sweden’s Riksbank policy meetings.The Bank of England is expected to keep its benchmark interest rate intact at 4% […]