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 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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Gold finds some support ahead of $4,300 as USD remains depressed on receding Fed hike bets
Gold attracts some follow-through selling for the second consecutive day on Friday. Geopolitical risks act as a tailwind for the…
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Gold weakens further below $4,400 as USD sticks to gains amid Fed bets, Iran tensions
Gold struggles to capitalize on Asian session gains to the highest level since June 5. Inflation fears stemming from volatile…
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Gold gains 1.5%
Precious metals rise following U.S. CPI data Gold prices are up more than 1.5% and remain close to their highest…
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XAU has seen the fastest gains since the start of the year
Gold is once again attracting investors’ attention, reaching its highest levels in 10 weeks ahead of today’s key US inflation…
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