Metals
Precious metals offer unique inflationary protection. They have intrinsic value, carry no credit risk, and cannot be inflated. That means you can’t print more of them. They also offer genuine upheaval insurance against financial or political/military upheavals.
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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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Steel Hits 2-½-Month Highs
Steel rebar futures jumped above CNY 3,140 per ton, reaching their highest levels since mid-June as investors anticipated a recovery…
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Iron Ore Hits 1-Month High
Iron ore futures climbed above CNY 720 per ton, reaching a one-month high as investors anticipated a recovery in demand…
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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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Copper Edges Lower as Dollar Strengthens
Copper futures eased to around $6.55 per pound on Monday, falling for a fourth straight session as the dollar strengthened…
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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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XAG/USD falls to near $66.00 amid Fed Chair Warsh’s hawkish tone
Silver falls following hawkish Jackson Hole remarks from Fed Chair Kevin Warsh signaling potential further rate hikes. CME FedWatch tool…
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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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