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InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

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Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.

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InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

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2021.09.0610:36:00UTC+00Gold Edges Lower As Dollar Rebounds

Gold prices edged lower on Monday as the U.S. dollar recovered some ground after having fallen at the end of last week to a one-month low on disappointing jobs data.

Spot gold slipped 0.2 percent to $1,823.61 per ounce, while U.S. gold futures were down 0.4 percent at $1,825.55.

Gold is seeing some consolidation around $1,800 levels after disappointing jobs and services sector data sparked questions about the economic recovery from the pandemic.

U.S. non-farm payroll employment rose by 235,000 jobs in August after soaring by an upwardly revised 1.053 million jobs in July, official data showed. Economists had expected employment to jump by about 750,000 jobs.

Despite the much weaker than expected job growth, the unemployment rate fell to 5.2 percent in August from 5.4 percent in July, matching economist estimates. Another report showed U.S. service sector growth slowed from a record pace in August.

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