| 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.
Gold trading outlook: futures gain ground after an eight-day string of losses on downbeat Chinese CPI On Monday gold for delivery in December traded within the range of $1,087.50-$1,094.80. Futures closed at $1,087.90, down 0.12% on a daily basis, while marking their eighth consecutive trading day of decline. Fridays low of $1,084.80 has been […]
Scientific Games acquires Swedish games developer ELK Studios Scientific Games Corporation (SGMS) has strengthened its original iGaming content offering and production capabilities with the acquisition of innovative games developer ELK Studios.Based in Stockholm, ELK Studios has a long history of […]
Copper Slides as Chinese Demand Wavers, Inventories Rise Key Moments
Copper prices fell after Tuesday's 4.6% surge, the largest one-day gain since November 2022.
Rising inventories in London Metal Exchange warehouses in Asia and weaker Chinese spot demand weighed on sentiment.
[…]
Southwest shares fall for a fourth straight session on Wednesday, FAA announces three reassignments in office overseeing airline Three managers have been reassigned in the Federal Aviation Administrations office, which oversees Southwest Airlines Company (LUV), Reuters reported by citing a person familiar with the matter.According to an earlier report by the […]
Bouygues SA share price down, increases the cash portion of its SFR offer to 20.6 billion dollars Bouygues SA seems to be truly determined to win the battle for Vivendi SAs telecom unit SFR, because it once again increased its bid, which is now estimated to 15 billion euros (20.6 billion dollars). The company also made a statement, saying […]
ProSiebenSat. 1 to slash 400 jobs amid restructuring ProSiebenSat.1 announced on Tuesday that it would eliminate 400 full-time positions as part of a restructuring initiative focused on the company's entertainment activities."The aim is to achieve a more efficient structure, a […]