The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, is currently flat near 104.30 on Friday following the release of the Federal Reserve’s (Fed) preferred inflation metric — the Personal Consumption Expenditures (PCE) Price Index. The reading showed a mild uptick, helping the Greenback hold recent levels. However, the rally appears capped as safe-haven flows favor Gold, and technical signals remain bearish.
US Dollar Index
एमसीएक्स गोल्ड सिल्वर टिप्स: सोने की कीमत में तेजी के लिए ट्रिगर
Gold Silver Price Forecast: सोने की कीमतों में तेजी पर बोलते हुए, बाजार विशेषज्ञ नील भाई ने कहा, “पिछले सप्ताह में रिकॉर्ड ऊंचाई का परीक्षण करने के बाद, सोने की कीमतों में पिछले सप्ताह की शुरुआत में कुछ लाभ हुआ, केवल कीमती होने के कारण निचले स्तरों पर नए सिरे से खरीददारी देखी गई।” धातु ने लगातार दूसरे सप्ताह 1.07 प्रतिशत की बढ़त के साथ ऊंची छलांग लगाई। चांदी में भी तेजी देखी गई और 1.02 प्रतिशत की बढ़त के साथ बंद हुई।”
Gold Up as Nonfarm Payrolls Unexpected 263k Positions – Gold Silver Reports
Gold Silver Reports (GSR) – Gold Up Nonfarm payroll unexpected 263k positions. March payrolls were revised slightly downward to 189k compared to 196k originally reported.
Crude Oil WTI Tips – Keey Eye on $57.50 Above We See Only Blast – Neal Bhai Commodity Guru
Crude Oil WTI Tips – Keey Eye on $57.50 Above We See Only Blast – Neal Bhai Commodity Guru
US Dollar Grinds at Key Support Ahead of Non-Farm Payrolls (NFP)
Gold Silver Reports (GSR) – The US Dollar continues to battle with the 95.00 level, and this most recent test comes with a bit of heightened interest: Last week saw sellers drive below the level only to be followed by buyers pushing off of the August lows into month-end. This came along with a resistance reaction at a big area in EUR/USD. Yesterday saw resistance in USD/DXY at the June and July highs around 95.53, and this adds further questions to the sustainability of US Dollar strength as we move towards the end of Q3.