Gold
Gold is unique for its durability (it doesn’t rust or corrode), malleability, and ability to conduct both heat and electricity. It has some industrial applications in dentistry and electronics, but we know it principally as a base for jewelry and as a form of currency.
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Gold Price – XAU/USD recovery, likely to be challenged around $4,470
XAU/USD reaches session highs at $4,440 after bouncing from $4,380 on Wednesday. US Dollar gives away gains as ADP jobs…
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Gold bounces off four-week low; remains vulnerable near $4,300 amid Fed hike bets
Gold attracts some follow-through selling as oil-driven inflation risks reaffirm Fed hike bets. Escalating US-Iran tensions benefit the safe-haven USD,…
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Gold Drops 1.5% – Are Precious Metals Heading Lower Again?
The rise in oil prices is putting pressure on the precious metals market today, with gold down nearly 1.5% and…
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Gold Pressured by Fed Rate Hike Bets
Gold traded below $4,450 an ounce on Tuesday, hovering near two-week lows as rising oil prices and hawkish remarks from…
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Gold pares intraday losses to sub-$4,400 levels on softer USD; not out of the woods yet
Gold attracts some follow-through selling on Monday amid rising September Fed rate hike bets. US-Iran tensions lift crude oil prices…
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XAU/USD drifts lower below $4,450 as hawkish Warsh remarks lift Fed hike bets
Gold price declines to around $4,445 in Monday’s early Asian session. Fed’s Warsh warned the central bank still has ‘work…
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Gold Extends Fall on Fed Rate Hike Bets
Gold fell below $4,450 an ounce on Monday, extending a sharp drop in the previous session as hawkish remarks from…
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Hawkish Fed Chair Warsh Boosts the Dollar and Sinks Gold
The dollar index (DXY00) rallied to a 2-week high on Friday and finished up by +0.61%. The dollar jumped on…
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Gold Price Forecast: XAU/USD holds above $4.600 with all eyes on Fed Warsh’s speech
XAU/USD flatlines at $4.600 after rejection at $4,700 earlier this week. Investors bide their time on Friday, awaiting Fed Warsh’s…
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Gold Price – XAU/USD holds gains above $4,600 as bullish bias prevails
Gold may find the primary resistance at the three-month high of $4,697.07. The 14-day Relative Strength Index at 67 shows…
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