Gold Price (XAU/USD) Has Gone Up, But Traders Are Said To Be Vigilant Ahead Of NFP | ICM.COM

Oil Defies Broader Risk-off Sentiment: Commodities Update

Gold Price (XAU/USD) breaks $1,871.26, a level last seen on 9 May as of early morning GST. The gold price rise follows the release of US private payroll data which rose less than expected last month.

US Non-farm Payrolls (NFP) Release

Traders are staying cautious prior to the NFP data release (8.30EST) as gold price is currently pressured by mixed signals amid the recent headlines regarding China and US Treasury yields.

Gold traders await the ISM Services PMI at 15.00GMT today for fresh directions.

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Oil Defies Broader Risk-off Sentiment: Commodities Update

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ICM.com is a UK-based, global, multi-regulated broker, and financial services provider, providing online foreign exchange (FOREX) and Contract for Difference (CFDs) trading solutions as well providing access to most of the world’s stock exchanges via its ICM Securities platform.

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