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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Chart of the Day: GOLD drops 4% and paves the way to $4,000
Gold prices fell by more than 4% on Monday, breaking through key support levels and dropping below the $4,200-per-ounce mark…
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Gold tumbles to near $4,200 as hawkish Fed signals and stronger US Dollar pressure bullion
Gold price falls to near $4,215 in Monday’s early Asian session. Fed’s Hammack worried inflation expectations could deteriorate. Hawkish Fed…
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Gold Under Pressure as Oil and Fed Expectations Reshape the Market
Gold is trading around $4,250 an ounce, extending its recent decline and approaching its lowest level in seven weeks. The…
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Gold Heads for Weekly Drop
Gold traded around $4,270 an ounce on Friday and was on track to decline more than 2% for the week,…
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Gold flat lines below $4,300 as Fed hike bets cap upside ahead of Trump-Xi meet
Gold remains depressed near a one-week low, touched earlier this Thursday. Fed rate hike bets and elevated US bond yields…
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Trade of the day – GOLD
Facts As of 11:20 a.m. on September 23, GOLD is down 0.94%, retreating to around $4,320 per ounce. The rebound…
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Gold Price Under Pressure Below $4,350 as Fed Hawkishness Challenges Record Investment Demand
Gold is currently trading below $4,350 an ounce, with the precious metal remaining under pressure as a more hawkish Federal…
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Gold Price Forecast: Gold Falls Toward $4,350 as Hawkish Fed Comments Lift Rate Hike Expectations
Gold prices traded near $4,350 an ounce on Tuesday, extending the previous session’s decline as hawkish comments from Federal Reserve…
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Gold Price Forecast: Gold Holds Above $4,350 as Falling Oil Prices Ease Inflation Concerns
Gold held above $4,350 an ounce on Monday after advancing for a second consecutive session, as falling oil prices eased…
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Gold Price Outlook: XAU/USD Recovers Toward $4,400 as Dollar Rally Loses Momentum
Gold prices are heading into Monday trading with renewed upside momentum after XAU/USD rebounded 0.89% on Friday and climbed back…
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