Bullish Factors for Gold: ( HIGH JOBLESS CLAIMS Folders ) Negative for dollar news
Decreasing Treasury Yields: If there's deflationary data leading to decreasing Treasury yields, investors may flock to gold as a safe-haven asset amidst economic uncertainty
Increasing Unemployment: Rising unemployment signals a cooling or contracting economy, prompting investors to seek refuge in gold as a hedge against market volatility
When Lower Jobless Claims Occur:
Bearish Factors for Gold:( Lower JOBLESS CLAIMS Folders ) Positive for dollar news
High Treasury Yields: If there's inflationary data leading to high Treasury yields, investors may favor other investments over gold, reducing its attractiveness
Low Unemployment: Low unemployment suggests an overheating economy, prompting investors to move away from safe-haven assets like gold in favor of riskier investments
Decreasing Treasury Yields: If there's deflationary data leading to decreasing Treasury yields, investors may flock to gold as a safe-haven asset amidst economic uncertainty
Increasing Unemployment: Rising unemployment signals a cooling or contracting economy, prompting investors to seek refuge in gold as a hedge against market volatility
When Lower Jobless Claims Occur:
Bearish Factors for Gold:( Lower JOBLESS CLAIMS Folders ) Positive for dollar news
High Treasury Yields: If there's inflationary data leading to high Treasury yields, investors may favor other investments over gold, reducing its attractiveness
Low Unemployment: Low unemployment suggests an overheating economy, prompting investors to move away from safe-haven assets like gold in favor of riskier investments