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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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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XAG/USD holds above $69.00 as traders assess Fed stance
Market participants closely await Fed Chair Kevin Warsh’s upcoming speech at the annual Jackson Hole symposium. July’s PCE price index…
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Gold scales higher on softer US yields as traders await Fed Chair Warsh’s speech
Gold regains positive traction as the US Treasury’s buyback strategy keeps US bond yields depressed. The US inflation data fuels…
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Gold remains depressed below $4,650 on firmer USD; looks to US PCE for Fed rate outlook
Gold is seen consolidating in a range as bulls keenly await the release of the US PCE data. Fading Fed…
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Copper Hits Fresh Record High
Copper futures climbed above $6.7 per pound on Wednesday, reaching a new all-time high as supply-side risks persisted despite a…
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Commodity Wrap – Natgas, Cocoa, Gold, Oil
Market Situation During today’s session on the commodities market, slight declines prevail, with the average decrease amounting to -0.26% and…
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Iron Ore Gains on China Demand Hopes
Iron ore futures rose toward CNY 720 per ton, moving further away from 14-month lows on hopes for stronger demand…
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