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 extends rally as markets await US PCE and Warsh’s Jackson Hole speech
Gold extends last week’s strong rally and climbs to its highest level since May 15. Traders await US PCE inflation…
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Gold gains momentum above $4,600 on US Treasury buyback plans
Gold price edges higher to near $4,625 in Monday’s early Asian session. Bessent said he may increase the government’s repurchases…
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Gold Advances to Over 3-Month High
Gold climbed to over $4,600 an ounce on Friday, its highest level since mid-May, and extended weekly gains to around…
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Gold advances to fresh high since June amid renewed USD selling, fading Fed hike bets
Gold regains positive traction as the USD hangs near a three-month low amid receding Fed rate-hike bets. Inflation risks stemming…
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Gold struggles to capitalize on recovery from weekly low as traders await FOMC Minutes
Gold stages a modest recovery from a fresh weekly low amid the emergence of some USD selling. Oil-driven inflation risks…
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Commodity Wrap – Copper, Oil, Gold, Natgas
Market Situation During today’s session on the commodities market, the agriculture and food sector is performing best, where orange juice…
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XAU/USD drifts lower as oil-driven inflation risks and US-Iran tensions bolster USD
Gold struggles to capitalize on a two-day uptrend amid the emergence of some USD buying. Rising oil prices keep inflation…
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Gold gains and returns to $4,400. Are precious metals betting on a dovish Fed?
Gold prices opened the week higher on global markets, with gold rising 0.5% to around $4,400 and extending Friday’s gains,…
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XAU/USD sticks to modest gains around $4,400 amid weaker USD; remains below June 5 high
Gold attracts some follow-through buyers on Monday, though it lacks bullish conviction. Receding Fed rate hike bets continue to undermine…
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Gold Extends Gains for 2nd Week
Gold rose above $4,380 an ounce on Friday, recovering from earlier losses and securing a second consecutive weekly gain as…
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