Important Note!
We use cookies to ensure you get the best experience on our website.
By clicking ‘Agree,’ you accept our use of cookies as outlined in our cookies policy
The FXGT Blog
Start your journey to financial empowerment with FXGT
Gold
17 October 2024
Gold Shines Amid Key Economic Events and Geopolitical Tensions
This week presents several important economic events across major global markets that could impact currency and commodity trading. Key data releases include Australia's E...
30 September 2024
Weekly Market Recap: Manufacturing Falls, Services Rise, and Markets Edge Up
During the week of September 23–27, global economic indicators were mixed: the Eurozone and Japan reported declines in manufacturing activity, while the services sector d...
25 September 2024
Gold Soars to New Highs: Bullish Momentum Driven by Fed Rate Cuts and Geopolitical Tensions
Gold has been setting new all-time highs for four consecutive days, peaking at $2,670.32 per troy ounce. This strong bullish momentum is fueled by several key factors, in...
17 September 2024
Gold Glitters at Record Highs: Fed Rate Cut Looms Amid Global Tensions
Gold prices have soared to record highs amid expectations of an impending Federal Reserve interest rate cu
16 September 2024
Weekly Market Recap: A Week of Key Economic Shifts and Surging Commodities
The week starting Tuesday, September 9, saw significant economic developments across global markets, affecting currencies, commodities, and stock indices.
9 September 2024
Weekly Recap: Mixed Economic Signals and Market Declines in Early September
In early September 2024, global economic data reflected mixed trends across various sectors. Switzerland's inflation remained steady, while US manufacturing continued its...
2 September 2024
Weekly Recap: Global Markets Juggle Mixed Signals
The week featured a mix of economic data releases and market activity across major economies. In Germany, business sentiment continued to decline, with the Ifo Business C...
26 August 2024
Weekly Market Recap: Key Economic Insights and Market Movements
The week of August 19-23, 2024, was marked by key economic indicators and market movements. Global markets saw notable shifts across various sectors. Canada's inflation s...
19 August 2024
Weekly Market Recap: Resilience Amid Economic Uncertainty
The week of August 12-16, 2024, was marked by significant economic shifts and market reactions across major global economies.
13 August 2024
Golden Opportunities: Why Precious Metals Shine in Uncertain Times
The commodities sector is gaining attention as analysts express optimism for its medium-term potential, highlighting its ability to enhance traditional bond and stock por...
12 August 2024
A Week of Ups and Downs in the Global Economy
The global economy has been navigating through uncertainty, and last week had its share of ups and downs across different sectors. Economic data on Monday led to a market...
29 July 2024
Weekly Market Recap: July 22, 2024 - July 26, 2024
This week was marked by significant economic events and data releases that had a considerable impact on the financial markets.
18 July 2024
Gold’s Weekly Flag Pattern Projects Long-Term Target at $2,900
Gold has decisively broken out of its range, setting a new all-time high and signaling the end of its sideways consolidation phase.
18 July 2024
Gold Prices Hit Historic Highs Driven by September Rate Cut Projections & China's Economic Slowdown
Since the start of 2024, gold has climbed over 20%, including an 8% rise since early June following the last FOMC meeting on June 12th.
12 July 2024
Markets React to First Negative MoM Inflation Print Since 2020
This marks the third straight month with declining CPI inflation. This trend of declining CPI inflation, combined with a cooling labour market, puts pressure on the Fed t...
8 July 2024
China's Pause on Gold Purchases and US Data Influence Gold Market
Official data released on Sunday showed that the People's Bank of China (PBoC) did not add to its gold reserves for the second consecutive month in June, keeping its hold...