Gold Poised for Third Weekly Drop With King Dollar Dominating

Bloomberg2022-09-02

A gauge of greenback hits record; Treasury yields also climbBullion trades near six-week low as more Fed tightening seenGold headed for a third straight weekly drop as the dollar rallied ahead of key ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Tanyl
2022-09-03
Tanyl
Recently gold price drop
Blading23
2022-09-02
Blading23
Good
- Blading23:
  like
Austin1881
2022-09-02
Austin1881
👍🏻
- firefirefire:
  like

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1193372817?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-09-02 10:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1193372817","market":"fut","top_or_hot":-1,"title":"Gold Poised for Third Weekly Drop With King Dollar Dominating","media":"Bloomberg","content":"<div>\n<p>A gauge of greenback hits record; Treasury yields also climbBullion trades near six-week low as more Fed tightening seenGold headed for a third straight weekly drop as the dollar rallied ahead of key ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-02/gold-poised-for-third-weekly-drop-with-king-dollar-dominating?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gold Poised for Third Weekly Drop With King Dollar Dominating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold Poised for Third Weekly Drop With King Dollar Dominating\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-02 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-02/gold-poised-for-third-weekly-drop-with-king-dollar-dominating?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A gauge of greenback hits record; Treasury yields also climbBullion trades near six-week low as more Fed tightening seenGold headed for a third straight weekly drop as the dollar rallied ahead of key ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-02/gold-poised-for-third-weekly-drop-with-king-dollar-dominating?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_MGC","symbol_name":"微黄金","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-09-02/gold-poised-for-third-weekly-drop-with-king-dollar-dominating?srnd=markets-vp","article_id":"1193372817","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1193372817","pubTimestamp":1662087043,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"A gauge of greenback hits record; Treasury yields also climbBullion trades near six-week low as more","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GLD":"SPDR黄金ETF"},"translate_title":"黄金将迎来第三周下跌，金美元占主导地位","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GCmain":0.9,"MGCmain":0.9,"GC2208":0.9,"GLD":0.9},"content_text":"A gauge of greenback hits record; Treasury yields also climbBullion trades near six-week low as more Fed tightening seenGold headed for a third straight weekly drop as the dollar rallied ahead of key US jobs data, which could provide further clues on the size of the Federal Reserve’s next interest-rate hike.Bullion is trading near a six-week low as a gauge of the greenback climbed to a record on Thursday and Treasury yields continued to ascend, damping the appeal of the non-interest bearing precious metal. The jobs report later Friday is expected to show healthy payrolls growth for August and follows stronger-than-expected US manufacturing data.Fed Bank of Atlanta President Raphael Bostic said Thursday the campaign to cool inflation was still not complete, noting that the current pace was a long way from the US central bank’s 2% goal. Traders increasingly anticipate another large 75 basis points rate rise to contain price pressures at the next policy decision meeting Sept. 20-21.“Gold is becoming a punching bag as surging Treasury yields have rejuvenated the king dollar trade,” said Edward Moya, a senior market analyst at Oanda Corp. There’s “no reprieve in sight for gold until the move higher with global bond yields is over,” he added.Spot gold was little changed at $1,698.25 an ounce as of 8:36 a.m. in Singapore, and is down 2.3% this week. Prices fell to the lowest level since July 21 on Thursday. The Bloomberg Dollar Spot Index slipped 0.1%. Silver, palladium and platinum advanced.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9939782844,"gmtCreate":1662168372188,"gmtModify":1676537011158,"author":{"id":"4087109808120260","authorId":"4087109808120260","name":"Tanyl","avatar":"https://static.tigerbbs.com/174329973340cf0f5b68791ee5b08afd","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"4087109808120260","authorIdStr":"4087109808120260"},"htmlText":"Recently gold price drop","listText":"Recently gold price drop","text":"Recently gold price drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939782844","repostId":1193372817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9939634593,"gmtCreate":1662093197913,"gmtModify":1676536996642,"author":{"id":"3565700003213382","authorId":"3565700003213382","name":"Blading23","avatar":"https://community-static.tradeup.com/news/4cd7ba668d1c755bf79285b205abdfb2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3565700003213382","authorIdStr":"3565700003213382"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939634593","repostId":1193372817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":103730937,"gmtCreate":1662093204794,"gmtModify":1663258004730,"authorId":3565700003213382,"author":{"id":3565700003213382,"idStr":"3565700003213382","authorId":3565700003213382,"name":"Blading23","avatar":"https://community-static.tradeup.com/news/4cd7ba668d1c755bf79285b205abdfb2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9939634593,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"EN"},{"id":9939841345,"gmtCreate":1662087347887,"gmtModify":1676536994811,"author":{"id":"3573986007929989","authorId":"3573986007929989","name":"Austin1881","avatar":"https://static.tigerbbs.com/45829b3f97aeccca06b4274184f0d6e1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573986007929989","authorIdStr":"3573986007929989"},"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939841345","repostId":1193372817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104745751,"gmtCreate":1668092789908,"gmtModify":1668092802911,"authorId":3570742778586711,"author":{"id":3570742778586711,"idStr":"3570742778586711","authorId":3570742778586711,"name":"firefirefire","avatar":"https://community-static.tradeup.com/news/e33159cc1bfc6784fa479fe87a11fd33","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.48%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9939841345,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":30,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1193372817"}