After closing lower for five consecutive sessions, the price of gold moved back to the upside during trading on Monday.Gold for April delivery climbed $7.80 or 0.9 percent to $1,824.90 an ounce, bouncing off its lowest closing level in two months.The rebound by the price of gold came as the value of the U.S. dollar gave back ground following recent strength.After reaching its best intraday levels ...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.