OneRoyal Blog
Latest News, Insights, and Market Analysis from OneRoyal
Latest News, Insights, and Market Analysis from OneRoyal
Oil stabilizes as the market reacts to production cuts due to weak economic data. Oil prices remained stable on Tuesday as supply …
The dollar wavers as investors focus on interest rates and economic expectations. On Monday, June 26, the dollar declined before receiving some …
The dollar rose as risk appetite diminished. On Friday, June 23, the dollar received support from a wave of risk aversion as …
Gold remains close to its lowest level in three months as markets evaluate “Powell’s” statements. Gold prices have not seen significant changes …
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
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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