OneRoyal Blog
Latest News, Insights, and Market Analysis from OneRoyal
Latest News, Insights, and Market Analysis from OneRoyal
Gold is at its highest level in 9 weeks as the dollar weakens. Gold prices rose on Thursday, July 20, to the …
The US dollar stumbles near its lowest level in a year. The dollar index hovers near its lowest levels in over a …
US stocks and indices performance wrap up. Alphabet stock gained $69 billion in a single day, and PepsiCo stock achieved its highest …
Inflation in the US recorded the lowest YoY increase in two years. Meta stock gained $28 billion in one day, and Nvidia …
US Inflation Data The United States is scheduled to release consumer price inflation figures for March on Wednesday, with economists expecting core inflation, which excludes food and energy costs, to slow to 3.7% year-over-year from 3.8% the previous month. Producer price data on Thursday is expected to point to a more modest increase. The inflation →Read more
Gold prices reached a record high globally on Thursday as Federal Reserve officials reiterated their expectations for rate cuts in 2024, albeit with the timing uncertain, while traders await key US jobs data. Federal Reserve officials, including US central bank chief Jerome Powell, on Wednesday continued to emphasize the need for further discussion and data →Read more
Gold prices rose on Friday to hit a record high, supported by central bank buying amid geopolitical tensions, while strong U.S. economic data failed to dent its appeal. As of 0345 GMT, spot gold was up 0.5% at $2384.34 an ounce, having earlier hit a record high of $2395.29. U.S. gold futures rose 1.2% to →Read more
Gold prices rose on Tuesday, hovering near the record peak hit in the previous session, supported by firm central bank buying, while investors awaited the US Federal Reserve’s policy meeting minutes and inflation data for fresh cues. Spot gold was up 0.3% at $2345.09 per ounce by 0621 GMT, after hitting an all-time high of →Read more
US Inflation Data The United States is scheduled to release consumer price inflation figures for March on Wednesday, with economists expecting core inflation, which excludes food and energy costs, to slow to 3.7% year-over-year from 3.8% the previous month. Producer price data on Thursday is expected to point to a more modest increase. The inflation →Read more
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