Market overviews
Short daily reads on positioning, levels, and what actually matters. New every trading morning. Not financial advice.
Gold holds near $4,158 as fading October hike bets meet a strong dollar
Gold holds near $4,158 as fading October hike bets meet a strong dollar. ISM Services PMI lands at 10:00 AM ET.
Gold closes the week at $4,140 as weak payrolls fail to break the sell-off
Gold closed the week at $4,140 after weak payrolls failed to break the sell-off. The 10-year touched 5.34% and FOMC minutes land Wednesday.
Gold slips toward $4,172 as the dollar holds a 17-month high
Gold settled the week at $4,172 after a weak NFP report. The DXY holds a 17-month high and the 10-year yield finished at 5.276%.
Gold holds near $4,172 into payrolls as the dollar sits at a 17-month high
Gold slips 0.6% to $4,155 into nonfarm payrolls. The DXY sits at a 17-month high and the 10-year yield hit 5.34%.
Gold steadies near $4,180 as the 10-year yield hits a 24-year high
Gold holds $4,170-$4,190 after a soft PCE print, but the 10-year yield hits 5.34% and payrolls arrive tomorrow.
Gold steadies near $4,287 after a bruising week as yields top 5.2%
Gold steadies under $4,300 after a 2% weekly loss. Yields at multi-decade highs, and next week's PCE and payrolls decide what comes next.
Gold slips toward $4,267 as the dollar firms
Rate pressure keeps the bid soft while Middle East headlines put a floor under it. $4,290 and $4,330 are the lines that decide next week.