Home » Financial Market Analysis » Futures Analysis » XAU/USD – March 07 , 2023
a

XAU/USD – March 07 , 2023

The gold price is currently being influenced by bearish market sentiment and is expected to drop to around $1,830. This is due to the upcoming testimony of Fed Chair Jerome Powell and the Nonfarm Payrolls data release. Recent comments from Fed officials suggest a continued focus on hiking rates until they reach at least 5%, which could lead to a significant drop…

close

We don’t spam! Read our privacy policy for more info.

Related Articles

IMF Board Approves $5.4 Billion Argentina Loan Disbursement

03/31/2023

IMF Board Approves $5.4 Billion Argentina Loan Disbursement IMF Board Approves $5.4...

Maduro Foes Can’t Get Money for Lawyers After Guaidó’s Ouster

03/31/2023

Maduro Foes Can’t Get Money for Lawyers After Guaidó’s Ouster In this...

US Power Plant Firm Goes Bankrupt After Winter Storm Penalties

03/31/2023

US Power Plant Firm Goes Bankrupt After Winter Storm Penalties (Bloomberg) —...

Ford Takes Stake in Indonesia Nickel Project to Ensure Supplies

03/30/2023

Ford Takes Stake in Indonesia Nickel Project to Ensure Supplies In this...

Alibaba, JD.com Awaken China Tech’s Long-Dormant IPO Machine

03/30/2023

Alibaba, JD.com Awaken China Tech’s Long-Dormant IPO Machine In this article: 9988.HK...

Rugby Australia to Start Stake Sale Within Weeks, CEO Says

03/30/2023

Rugby Australia to Start Stake Sale Within Weeks, CEO Says Rugby Australia...

Dollar Bears Can Survive a Slow-Burn Bank Crisis, StanChart Says

03/30/2023

Dollar Bears Can Survive a Slow-Burn Bank Crisis, StanChart Says In this...

FTSE Holds Off Adding South Korea, India to Key Bond Indexes

03/30/2023

FTSE Holds Off Adding South Korea, India to Key Bond Indexes (Bloomberg)...

Oil Heads for Weekly Surge as Iraqi Supply Disruption Continues

03/30/2023

Oil Heads for Weekly Surge as Iraqi Supply Disruption Continues In this...

Luxury Boom Makes Richemont, Burberry Key European M&A Targets

03/29/2023

Luxury Boom Makes Richemont, Burberry Key European M&A Targets In this article:...