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 benefits from weak USD; eyes $4,450 as focus remains on US CPI data
Gold regains some positive traction on Tuesday as the USD extends its JPY-led decline. Fed rate hike bets and geopolitical…
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XAU/USD falls below $4,400 as strong US jobs data raise the prospects for Fed rate hike
Gold price slumps to around $4,395 in Monday’s early Asian session. US NFP rose by 162K in August, stronger than…
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Gold drops sharply following strong NFP
Highest employment growth since March renews expectations for a Fed rate hike in September The price of gold dropped by…
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XAU/USD consolidates below $4,500 as bulls look to US NFP for Fed rate cues
Gold bulls turn cautious as the USD recovers slightly ahead of the crucial US NFP report. Energy-driven inflation fears underpin…
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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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