Investorideas.com

Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS




Share on StockTwits

Gold Prices Remain Below All-Time Highs Ahead Of Economic Data

Today's markets analysis on behalf of Joseph Dahrieh, Managing Principal at Tickmill

 

March 14, 2024 (Investorideas.com Newswire) Gold prices experienced a slight decline on Thursday, although they remained close to their all-time highs, as investors awaited additional US economic data releases. As such, the focus could remain on the upcoming US retail sales, producer prices index, and jobless claims reports scheduled for release today. The data could influence expectations for a mid-year interest rate cut by the Federal Reserve, affecting treasury yields and gold's attractiveness, particularly with the FOMC meeting drawing closer.

In this regard, the asset could continue to trade sideways overall ahead of the Federal Reserve's meeting next week but could see some volatility as traders react to the data releases expected in the coming days. However, gold could see some price corrections if new data reinforces expectations that the Federal Reserve could keep its interest rates unchanged for a longer period of time, in particular as traders could move to secure their profits after the strong gains recorded since the beginning of this month.

More Info:


Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp


That's all it takes to get an article published on Investor Ideas - Learn More





Gold Mining Stocks - Gold Mining Stocks Directory, Gold Stocks News, Research and Resources

Investing ideas in gold and mining stocks

Like Gold Stocks? View our Gold / Mining Stocks Directory

Get News on Mining Stocks