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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Technical Analysis – Gold gains 1.5% amid weakening US dollar
Aweaker US dollar and lower Treasury yields are supporting a rebound in gold prices, which are attempting to break their…
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XAU/USD holds in tight range as Iran tensions and mixed Fed signals curb upside
Gold lacks any follow-through buying as bulls seem hesitant amid mixed fundamental cues. Iran tensions underpin the USD, though reviving…
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XAU/USD clings to gains above $4,550 level; not out of the woods yet amid bullish USD
Gold attracts some buyers on Thursday as the USD is seen consolidating the post-FOMC gains. Elevated Crude Oil prices continue…
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Gold steadies around $4,600; bears have the upper hand ahead of Fed decision
Gold struggles to gain any meaningful traction as traders seem hesitant ahead of the Fed decision. The US-Iran stalemate underpins…
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Gold drops 1.5% as rising oil pressures precious metals
A nearly 3% increase in oil futures today is putting pressure on precious metals prices and supporting ongoing profit-taking after…
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Gold struggles below $4,700 as US-Iran tensions support USD ahead of FOMC meeting
Gold remains depressed for the second straight day as US-Iran peace talks uncertainty underpins the USD. The Hormuz standoff keeps…
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Gold – XAU/USD scales higher as US-Iran peace hopes and easing inflationary concerns undermine USD
Gold regains positive traction as hopes for US-Iran peace talks exert some pressure on the USD. Softer Oil prices ease…
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Three markets to watch next week: all eyes on the Fed
ensions in the Middle East remain elevated, with Brent crude once again trading above $100 per barrel. At the same…
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Gold – XAU/USD bears retain control near two-week low as USD firms on Iran jitters, inflation fears
Gold retains its negative bias on Friday as rising US-Iran tensions continue to underpin the US Dollar. Inflation fears temper…
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XAU seems vulnerable near two-week low as US-Iran standoff and inflation fears lift USD
Gold retains its negative bias on Friday as rising US-Iran tensions continue to underpin the US Dollar. Inflation fears temper…
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