{"id":16844,"date":"2025-10-01T06:18:30","date_gmt":"2025-10-01T06:18:30","guid":{"rendered":"https:\/\/lotayamedia.xyz\/?page_id=16844"},"modified":"2025-10-01T06:18:30","modified_gmt":"2025-10-01T06:18:30","slug":"gold-price-forecast-will-powell-nfp-data-drive-this-weeks-trend","status":"publish","type":"page","link":"https:\/\/lotayamedia.xyz\/?page_id=16844","title":{"rendered":"Gold Price Forecast: Will Powell &#038; NFP Data Drive This Week\u2019s Trend?"},"content":{"rendered":"<p><img class=\"Sirv\" data-src=\"https:\/\/chartakelay.sirv.com\/Images\/1%2010\/m.jpg\" alt=\"\"><br \/>\n<script src=\"https:\/\/scripts.sirv.com\/sirvjs\/v3\/sirv.js\"><\/script><\/p>\n<p><img class=\"Sirv\" data-src=\"https:\/\/chartakelay.sirv.com\/Images\/5.jpg\" alt=\"\"><br \/>\n<script src=\"https:\/\/scripts.sirv.com\/sirvjs\/v3\/sirv.js\"><\/script><\/p>\n<p><img class=\"Sirv\" data-src=\"https:\/\/chartakelay.sirv.com\/Images\/IMG_20240623_122812_510-8.jpg\" alt=\"\"><br \/>\n<script src=\"https:\/\/scripts.sirv.com\/sirvjs\/v3\/sirv.js\"><\/script><br \/>\nGold prices fell over 2% last week as traders weighed Fed caution, mixed inflation signals, and renewed tariff uncertainties. With Fed Chair Powell\u2019s testimony and the U.S. Non-Farm Payrolls (NFP) report ahead, will gold recover or extend losses?<\/p>\n<p>Key Factors Impacting Gold Prices This Week<br \/>\n1. Fed Rate Cut Expectations Fade Despite Cooling Inflation<br \/>\nCore PCE inflation eased to 2.1% YoY in April, slightly below forecasts (2.2%).<\/p>\n<p>Powell maintains cautious stance, signaling no rush to cut rates despite softening price pressures.<\/p>\n<p>September rate cut odds slip as strong economic data reduces urgency for Fed easing.<\/p>\n<p>2. Strong U.S. Dollar &#038; High Yields Weigh on Gold Demand<br \/>\nDollar Index (DXY) up 0.3% last week, pressuring gold\u2019s appeal for foreign buyers.<\/p>\n<p>10-year Treasury yields near 4.42%, reducing gold\u2019s attractiveness as a non-yielding asset.<\/p>\n<p>3. Tariff Uncertainty Adds Volatility<br \/>\nTrump\u2019s proposed tariffs face legal battles, creating market uncertainty.<\/p>\n<p>Potential 15% tariffs under 1974 Trade Act could reignite safe-haven gold demand if implemented.<\/p>\n<p>4. Mixed Physical Gold Demand Trends<br \/>\nIndian demand slows as wedding season ends and local prices stay elevated.<\/p>\n<p>Swiss gold imports surge (63 metric tons in April), signaling strong European interest.<\/p>\n<p>Chinese &#038; Indian imports lag behind last year\u2019s levels.<\/p>\n<p>Gold Price Forecast: Cautiously Bullish Outlook<br \/>\nTechnical Levels to Watch<br \/>\nSupport: $3,166 (short-term), $3,018 (intermediate)<\/p>\n<p>Resistance: Record high at $3,500<\/p>\n<p>Long-term trend remains bullish, with the 52-week MA holding at $2,745.<\/p>\n<p>Upcoming Catalysts<br \/>\nFed Chair Powell\u2019s testimony (Market impact: High)<\/p>\n<p>U.S. Non-Farm Payrolls (NFP) report (Friday)<\/p>\n<p>Any new tariff developments<\/p>\n<p>Final Thoughts<br \/>\nWhile gold faces near-term pressure from a strong dollar and Fed hesitation, long-term bullish factors remain:<br \/>\n\u2714\ufe0f Geopolitical risks &#038; tariff uncertainty<br \/>\n\u2714\ufe0f High U.S. debt levels<br \/>\n\u2714\ufe0f Potential Fed rate cuts later in 2024<br \/>\n<img class=\"Sirv\" data-src=\"https:\/\/chartakelay.sirv.com\/Images\/1%2010\/m.jpg\" alt=\"\"><br \/>\n<script src=\"https:\/\/scripts.sirv.com\/sirvjs\/v3\/sirv.js\"><\/script><\/p>\n<p><img class=\"Sirv\" data-src=\"https:\/\/chartakelay.sirv.com\/Images\/1%2010\/m3.jpg\" alt=\"\"><br \/>\n<script src=\"https:\/\/scripts.sirv.com\/sirvjs\/v3\/sirv.js\"><\/script><\/p>\n<p><img class=\"Sirv\" data-src=\"https:\/\/chartakelay.sirv.com\/Images\/1%2010\/m1.jpg\" alt=\"\"><br \/>\n<script src=\"https:\/\/scripts.sirv.com\/sirvjs\/v3\/sirv.js\"><\/script><\/p>\n<p><img class=\"Sirv\" data-src=\"https:\/\/chartakelay.sirv.com\/Images\/1%2010\/m2.jpg\" alt=\"\"><br \/>\n<script src=\"https:\/\/scripts.sirv.com\/sirvjs\/v3\/sirv.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell over 2% last week as traders weighed Fed caution, mixed inflation signals, and renewed tariff uncertainties. With &#8230;<\/p>\n","protected":false},"author":1,"featured_media":16845,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"rank_math_title":"","rank_math_description":"","rank_math_focus_keyword":"","rank_math_keywords":"","footnotes":""},"class_list":["post-16844","page","type-page","status-publish","has-post-thumbnail","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/pages\/16844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16844"}],"version-history":[{"count":1,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/pages\/16844\/revisions"}],"predecessor-version":[{"id":16846,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/pages\/16844\/revisions\/16846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=\/wp\/v2\/media\/16845"}],"wp:attachment":[{"href":"https:\/\/lotayamedia.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}