Gold futures climbed on Friday, finding support following a September reading on U.S. consumer sentiment, but prices marked their fourth weekly loss in five weeks. A survey of consumer sentiment from the University of Michigan showed a rise to 59.5 in September. It also revealed that inflation has slowed a bit in the past few months. Gold prices had a terrible week, but saw a “small relief rally” on Friday as the economic numbers “confirmed that the Fed can’t be extra hawkish as that will completely kill the [economic] recovery,” said Naeem Aslam, chief market analyst at AvaTrade. The gold market also saw “some bargain hunters stepping into the market as prices are way too cheap.” December gold GCZ22,
US 30 analysis: after reaching an all-time high, the index still has the potential for further growth
The US 30 stock index reached another all-time high and will likely be poised for further growth, supported by investor confidence in anticipated US Federal