Read more
1:19 PM · 5 September 2024

GOLD gains 0.9% supported by weaker US ADP report and dropping yields📈

-
-
Open account Download free app

GOLD gains today more than 1%, after weaker than expected yesterday JOLTS data, supported by also weak ADP report which showed 99k vs 145k exp. and 122k previously. Also today, US Challenger Report came in significantly higher, rising above 70k lay-off vs 25k in July. Fed Beige Book signalling flat and weakening demand across the US economy. As data and market reaction show, gold may be a preferred short-term hedge against weakening US dollar and equity risk-aversion sentiments. Also silver gains 1.7% today, as the 10-year US treasuries yields dropped below 3.75% today.

Source: xStation5

30 March 2026, 6:51 PM

Daily Summary: Trump, Inflation, Threats, and Persian Gulf Tensions Cast a Shadow Over Wall Street

27 March 2026, 7:48 PM

Daily summary: Fifth week of declines on the Wall Street

27 March 2026, 6:46 PM

Three markets to watch next week (27.03.2026)

27 March 2026, 7:53 AM

Morning Wrap: Trump Announces a “Pause”. Another 10-Day Ultimatum!

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits