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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$4,100: Gold fails near a key hurdle as Mideast tensions and Fed hike bets support USD
Gold struggles to find acceptance above $4,100 amid a bearish fundamental backdrop. Escalating US-Iran tensions and Fed hike bets support…
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Gold tests $4000 ahead of the Fed decision
Today at 20:00 CET, the Fed will make a decision on interest rates. We are facing one of the most…
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Gold consolidates near two-week low, holds above $4,000 as traders await FOMC decision
Gold remains on the defensive as traders move to the sidelines ahead of the FOMC decision. A modest USD downtick…
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$4,000 – Gold’s key support faces a crucial Fed test
Gold falls as a firmer US Dollar outweighs support from declining Oil prices. Traders await the Fed interest rate decision…
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Commodity Talk – Oil, Natgas, Gold, Cocoa
Market Situation Bearish sentiment dominates the commodity market today, reflected by a negative average daily change of -0.41% with only…
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Gold sticks to intraday losses below $4,050 as focus remains on FOMC meeting
Gold slides below $4,050 during the Asian session on Tuesday, filling the weekly bullish gap. Geopolitical risks remain in play,…
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Gold struggles below $4,100 as US Dollar rebounds, Fed decision looms
Gold opens with a bullish gap but trims gains as the US Dollar rebounds and Oil prices stabilize. Traders await…
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Gold edges higher as US-Iran diplomacy and weak oil weigh on USD ahead of FOMC meeting
Gold kicks off the new week on a positive note as US-Iran diplomacy hopes undermine the US Dollar. Falling oil…
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Gold gains despite firm US Dollar
Falling Treasury yields support Gold’s recovery. Oil pullback eases inflation fears despite weekly crude gains. Fed decision, GDP and PCE…
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Gold climbs above $4,050 on retreating USD; upside seems limited amid Fed hike bets
Gold recovers from the daily low amid a modest USD pullback, though it lacks follow-through. Elevated crude oil prices fuel…
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