Economic News

Short gold: Potential bearish momentum after price rejection of $2,477 suggests downward movement following recent gains

By Chad McAuley 0 Min Read

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Long gold: Bullish momentum resumes over 50-hour MA after rebounding from key support of $2,720.

Silver and palladium are up on a weaker dollar; gold is buoyed by a weak US labour market

Trump effect? Newsmax stock (NMAX), which is a right-wing news outlet, surges by 500% in its NYSE debut due to a huge demand.

How long can Saudi Arabia’s Neom ($1.5T) sustain its spending spree

The European Central Bank cuts its growth forecasts and lowers interest rates.

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