Is the gold bull market back? UBS Group: Gold prices could rebound to $5,000 in the first half of next year.

UBS Group believes that gold has three key medium- to long-term supports: renewed investment demand driven by declining real interest rates, a weaker U.S. dollar encouraging portfolio diversification, and sustained high-level gold purchases by central banks. It recommends viewing any pullback in gold prices to USD 4,000 as a strategic opportunity to establish positions. The chief strategist at BCA Research also noted that gold prices may have further upside potential and could even reach new record highs.

wallstreetcn17:20

From the yen's sharp depreciation to the Federal Reserve's silence, gold's strategic value is coming into focus.

The sharp depreciation of the yen and the Federal Reserve’s acknowledgment that long-end rates are increasingly determined by the market reflect a weakening grip by central banks on bond markets globally. Against a backdrop of elevated debt levels and sustained monetary expansion, traditional equity-bond portfolio allocations face challenges, potentially enhancing the long-term strategic value of gold as an asset to hedge against fiat currency depreciation.

wallstreetcnAug 6 21:24

PU Prime Expands Gold Trading With the Launch of XAUUSD247

TipRanks14:30

The U.S. nonfarm payrolls report is set for release tonight at 20:30! Could weak data fuel rising expectations of a Federal Reserve rate cut?

The U.S. nonfarm payrolls report for July will be released this Friday, with markets expecting an increase of 83,000 jobs and the unemployment rate holding steady at 4.2%. ② Recent leading indicators have been weak, and multiple institutions anticipate that July’s nonfarm payrolls will fall short of expectations; the current pattern of “low hiring, low layoffs” is significantly impacting young job seekers. ③ If labor market weakness persists, the Federal Reserve’s policy trade-off calculus could shift later this year.

cls.cn08:57

Nonfarm payrolls arrive tonight at 20:30! Wall Street forecasts diverge: 18,000 or 80,000? Markets brace for high volatility.

The U.S. nonfarm payrolls report for July is set to be released tonight, with Wall Street forecasts ranging widely from 18,000 to 83,000, signaling imminent market volatility. With the Federal Reserve's policy path still uncertain and risks of Japanese yen intervention looming, the cost of dollar options has quietly risen to a recent high, as investors brace for potential surprises.

Golden10 Data08:49

10-Year Treasury Yield Ticks Higher on Rate Hike Prospects

TipRanksAug 6 23:06