US NONFARM PAYROLLS
Gold price forecast 2025: 5 key reasons why gold dropped from $3,500 to $3,211 — will it fall below $3,200 next week or bounce back stronger?
Gold prices drop after trade talk hopes and strong US jobs data have pulled investors away from the safe-haven metal. After hitting a record $3,500.05/oz, gold slipped to a two-week low on Thursday as China’s holiday paused demand and positive US job numbers eased economic fears. Still, experts say gold’s long-term support remains firm. From easing tariffs to strong labor data, multiple factors are shaping gold's short-term corrections.
Gold price forecast: Can gold break above $3,268 and surge toward $3,300 amid Fed rate decision and 177K jobs boost? Can it finally push past $3,500? Here’s what you need to know
Gold price forecast is in sharp focus this week as traders watch the key $3,268 breakout level with a potential move toward $3,300. After a stronger-than-expected U.S. jobs report adding 177,000 jobs in April and rising Treasury yields, gold slipped near $3,241. But with the Fed rate decision, ISM Services PMI, and jobless claims data ahead, the market is bracing for high volatility. If gold clears $3,268, it could open the door to bigger gains. Will Powell’s tone revive gold momentum? Here’s what you need to know about gold’s next big move.
Trading Day: Resilience trumps uncertainty
Despite a surprising U.S. economic contraction in the first quarter, global markets showed resilience, with stocks rising and volatility easing. Positive Eurozone GDP and a strong U.S. jobs report boosted sentiment, overshadowing corporate concerns about tariffs. The Bank of Japan's lowered outlook had limited impact.
Wall Street buoyed by strong economic data, possible US-China trade talks
The U.S. economy added 177,000 jobs in April, exceeding expectations, while the unemployment rate held steady at 4.2%. The data helped to assuage concerns of a economic slowdown following a Commerce Department report, showing a contraction in U.S. gross domestic product for the first time in three years, weighed down by a tariff-induced flood of imports.
$163-billion US budget cut plan: Education, housing to be hit
Donald Trump's administration plans significant federal budget changes. The proposal includes a $163 billion cut, impacting education and housing. Defence and border security spending will increase. Non-defence discretionary spending faces a 23% reduction. The budget aims to fulfil Trump's promises on border security. Tax cuts extension could add $5 trillion to the national debt. Democrats criticise the cuts as severe.
Gold price today: Why is gold falling for the third straight day despite weak US data and Fed rate cut hopes?
Gold price today dropped for the third day straight, slipping to a two-week low near $3,232 as hopes for a US-China trade deal boosted market confidence. Despite weak US economic data and signs the Fed may cut rates soon, gold struggled to attract buyers. A stronger US Dollar and President Trump’s trade optimism pushed investors away from the safe-haven metal. With key data like Nonfarm Payrolls and ISM PMI around the corner, traders are closely watching the next move.
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Gold set for worst week in more than 2 months; US jobs data eyed
Gold prices are set to decline this week. Trade tension ease is the primary reason. Market focus is now on the U.S. non-farm payrolls report. The United States wants to talk with China about tariffs. Donald Trump has appointed Marco Rubio as interim national security advisor. Chinese markets will reopen on May 6 after Labour Day holiday.
Gold climbs Rs 1,080 to Rs 96,800/10 gm, silver jumps Rs 1,600
Gold prices climbed Rs 1,080 to Rs 96,800 per 10 grams in the national capital on Friday due to fresh buying from jewellers amid a firm trend overseas, according to the All India Sarafa Association.
US stock market predictions today: Market up as Dow Jones gains 170 points, S&P 500 hits 5,604, Nasdaq climbs 1.5% — Why is market rising ahead of the April jobs report and tech earnings boost? Here’s what you should know before the market opens
US stock market predictions today show a strong start as the Dow Jones, S&P 500, and Nasdaq head higher ahead of key April jobs data. With big names like Meta, Microsoft, and Reddit posting solid earnings, tech stocks are leading the rally. Meanwhile, Apple and Amazon face pressure from rising tariffs. Investors are closely watching stock futures, economic signals, and what the labor report might mean for future Fed rate moves.
US job growth slows marginally in April; unemployment rate steady at 4.2%
America's job growth faced a slight slowdown in April. Donald Trump's tariff policies increased economic uncertainty. The labor market showed resilience, but warning signs accumulated. Business sentiment plummeted, potentially leading to layoffs. Airlines and General Motors anticipated tariff-related financial hits. The Federal Reserve was expected to hold interest rates steady. Economists foresaw tariff effects on employment and inflation reports.
Rupee pares initial gains, settles 1 paisa higher at 84.53 against US dollar
The rupee on Friday hit a seven-month high and rose past the 84 per dollar level on sustained foreign fund inflows and stronger domestic data, but pared the gains and settled for the day higher by just 1 paisa at 84.53 against the greenback.
European shares rise on signs of easing Sino-US trade tensions
China's Commerce Ministry said that Beijing was "evaluating" an offer from Washington to hold talks over U.S. President Donald Trump's 145% tariffs and that Beijing's door was open for discussions.
Japan's Nikkei rises on trade talk optimism, posts longest rally since 2023
"It looks like the tariff negotiations between Japan and the U.S. are progressing, which is within expectations but has become a positive cue," said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities.
Dollar poised for third weekly gain as tariff concerns ease
The U.S. dollar is on track for a third consecutive weekly gain, buoyed by positive developments in trade talks and encouraging economic data, easing concerns about the U.S. economy. Wall Street experienced a rally driven by strong tech earnings and a better-than-expected manufacturing report.
GIFT Nifty up 35 points; here's the trading setup for today's session
Domestic markets consolidated for the second day, with the Nifty closing flat at 24,334. Analysts anticipate range-bound trading influenced by Q4 earnings. Technically, support lies at 24,200, while resistance is at 24,550. The India VIX rose, and the rupee surged against the US dollar amid foreign fund inflows.
Asian stocks edge up, US futures erase losses on China trade talks
The MSCI Asia Pacific Index gained 0.1% after China’s Ministry of Commerce said it’s evaluating negotiations. Japanese shares gained 1.1% on positive comments from Japan’s chief trade negotiator. Futures contracts for the S&P 500 reversed earlier losses to gain 0.2%.
Wall Street leaps to 1-month highs as Microsoft, Meta surge
Wall Street surged, propelled by robust earnings from Microsoft and Meta, overshadowing economic uncertainties. Microsoft's cloud and AI strength fueled a revenue jump, while Meta's AI-driven ad revenue boosted its stock. Despite positive earnings reports, concerns linger about trade wars, potential recession, and the possibility of stagflation, creating a mixed outlook.
US stock market today: Dow Jones, S&P, Nasdaq up - Here's top gainers, top losers, major stocks, data to consider
US Stock market today rallied as Microsoft and Meta earnings beat expectations, pushing the Nasdaq up over 2.2% and lifting Wall Street spirits. Investors were reassured by both companies’ continued AI spending, even as President Trump’s tariff policy stirred fears across industries. While Apple and Amazon gear up to report next, rising unemployment claims, a dip in manufacturing activity, and Qualcomm’s cautious forecast highlight broader market uncertainty. Still, upbeat Big Tech results and possible progress in US-China trade talks are giving Wall Street hope. Dive into this full story to see what’s really driving the markets right now.
Gold price forecast: Why did gold fall below $3,300 and what Trump's new China tariffs and upcoming US jobs data mean for gold’s next big move
Gold price forecast: Gold price slipped below $3,300 this week, raising eyebrows across markets. Investors are now closely watching US economic data, the dollar's strength, and Trump’s fresh trade moves. This dip comes after gold's record-breaking rally, but shifting risk sentiment and easing geopolitical fears have shaken its safe-haven status. With rate cut hopes still alive and global cues uncertain, will gold rebound or drop further?
Gold retreats on firm dollar, US payrolls data on tap
Gold prices experienced a slight dip due to a stronger dollar, as investors are keenly awaiting further developments in U.S. trade policies and the upcoming U.S. non-farm payrolls report. The market anticipates the jobs report for insights into the Federal Reserve's monetary policy direction, amidst ongoing trade negotiations and recent economic contractions.
Gold price falls big, experts predict near future gold rate
Gold rate was down today even as experts have predicted future bullion price.
U.S economy in dire straits? Housing market roiled as mortgage demand drops and hiring slows
US housing market faces headwinds as mortgage applications decline amid economic uncertainty and a weakening labor market. Despite relatively flat mortgage rates, consumer confidence is dampened, leading to subdued home purchase activity. Refinancing also slows, with borrowers awaiting more significant rate drops, while concerns rise over slower wage growth and its impact on hiring decisions.
Gold prices steady as investors await key US data, tariff updates
Gold prices remained stable as investors watched for updates on trade talks. They also awaited key inflation data from the United States. This data could offer clues about the Federal Reserve's future policy decisions. Earlier, gold reached a high due to uncertainties. Market participants will analyze economic data to assess the impact of tariffs on the Fed's interest rate outlook.
Gold price drops big today. Will gold rate fall further? Experts voice their opinions
Gold rate today fell again as U.S.-China trade dispute seems to be easing. Will there be more drop in gold price?
Gold falls on easing trade war concerns; US data awaited
Gold prices experienced a decline on Tuesday as easing trade tensions between the U.S. and its trading partners diminished the metal's safe-haven appeal. Investors are closely monitoring upcoming U.S. economic data releases, including job openings, personal consumption expenditures, and non-farm payrolls, to assess the Federal Reserve's policy direction amidst global recession concerns.
Rupee briefly breaches 85/$1 on strong equity inflows; RBI steps in
rupee breaches 85 level: The rupee crossed 85/$1 intraday on strong foreign inflows before closing at 85.03. RBI likely intervened to curb sharp appreciation amid positive equity momentum.
US stock market futures today: Why are Dow Jones, S&P 500, and Nasdaq futures swinging amid Spain blackout, Microsoft, Meta, Amazon earnings, and Trump's struggling economy?
US stock market futures today are swinging wildly as Wall Street faces a nerve-wracking week packed with tech earnings and key economic data. Dow futures tumbled over 200 points but trimmed losses, showing just how shaky investors feel right now. Major names like Microsoft, Meta, and Amazon are set to report soon, while inflation and GDP numbers loom large. Meanwhile, Spain’s shocking blackout adds to the global uncertainty, though European markets stay strong. Trump's second-term economy also struggles with heavy tariff pressures.
Buoyant equities help boost rupee, technical resistance limits gains
The Indian rupee logged its best day in more than two weeks on Monday, aided by likely portfolio inflows into local equities while a key technical resistance near its year-to-date peak limited the currency's rally.
Commodity Radar: Expect gold prices to soften ahead of Akshaya Tritiya. Buy on dips, recommends Jateen Trivedi
Gold prices have softened after reaching a lifetime high of Rs 99,358 per 10 grams on the MCX. The June contract is down 5% to Rs 94,484, influenced by easing US-China trade tensions and a stronger US dollar. Technical indicators suggest cooling momentum, with resistance at Rs 97,800–98,200 and support near Rs 93,000. Analysts anticipate a range-bound consolidation phase ahead.
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