News

U.S. Treasuries held on to gains after data on jobless claims and GDP were released.

Citi: Gold selling pressure is likely to remain strong in the short term due to uncertainty about the situation in the Middle East.

Citigroup: Maintains unchanged gold price target, with a 0-3 month target of $4,300 and a 6-12 month target of $5,000.

The initial value of the U.S. GDP price index for the first quarter was 3.6%, expected to be 3.8%, and the previous value was 3.70%.

Canada's GDP in February was at an annual rate of 1%, compared with the previous value of 0.60%.

The initial quarterly rate of actual personal consumption expenditures in the United States in the first quarter was 1.6%, compared with the previous value of 1.90%.

The initial annualized quarterly rate of final U.S. sales in the first quarter was 1.6%, compared with the previous value of 0.3%.

The initial annualized quarterly rate of the U.S. core PCE price index in the first quarter was 4.3%, expected to be 4.1%, and the previous value was 2.70%.

U.S. personal spending recorded a monthly rate of 0.9% in March, the largest increase since December 2024.

The annual rate of the core PCE price index in the United States in March was 3.2%, expected to be 3.20%, and the previous value was 3.00%.

The annual rate of the PCE price index in the United States in March was 3.5%, expected to be 3.50%, and the previous value was 2.80%.

The number of people filing for unemployment benefits in the United States in the week to April 25th was 189,000, the lowest since the week of September 24, 2022.

The actual monthly rate of personal consumption expenditures in the United States in March was 0.2%, and the previous value was revised to 0.3% from 0.10%.

The U.S. PCE price index in March showed a monthly rate of 0.7%, which was expected to be 0.7% and the previous value was 0.40%.

The monthly rate of personal income in the United States in March was 0.6%, which was expected to be 0.30%. The previous value was revised from -0.10% to 0%.

The U.S. core PCE price index in March showed a monthly rate of 0.3%, expected to be 0.30%, and the previous value was 0.40%.

The monthly rate of personal expenditures in the United States in March was 0.9%, which was expected to be 0.9%. The previous value was revised from 0.50% to 0.6%.

The initial annualized quarterly rate of the PCE price index in the United States in the first quarter was 4.5%, which was expected to be 3.8% and the previous value was 2.9%.

The initial annualized quarterly rate of real GDP in the United States in the first quarter was 2%, expected to be 2.3%, and the previous value was 0.50%.

The U.S. labor employment benefit rate in the first quarter was 1.2%, and the previous value was revised from 0.7% to 0.8%.