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 Sets a Lower Tone Ahead of FED Meeting
First Weekly Decline Since August Gold is trading lower at the start of this week. Last week marked the first…
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Gold Drops Amid Progress on US-China Trade Talks
Gold prices fell 1% to around $4,070 per ounce on Monday, extending Friday’s decline, as progress in US–China trade talks…
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Gold rebounds after softer US CPI data reinforces Fed cut bets
XAU/USD climbs 0.10% to $4,127 after earlier dip to $4,043. US CPI broadly in line but soft enough to cement…
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Chart of The Day – Gold
Precious metals extend their deepest correction in months. As of publication time today, gold is down another 1.00% to $4,085, silver falls 1.26% to $48.20, platinum declines 0.55% to $1,609,…
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XAU/USD support at $4,000 remains dangerously close
Gold recovery found sellers at $4,160 before retreating to the $4,120 area. Easing trade war fears and a firm US…
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Chart of The Day – Gold
Gold futures extended their record decline by approx. 0.3%, slipping to around $4,090-4,110/oz, as today’s dip buyers struggled to counter…
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Gold stalls Friday’s pullback from record peak on trade tensions, Fed rate cut bets
Gold attracts some dip-buying on Monday amid a combination of supporting factors. Trade uncertainties and geopolitical tensions act as a…
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Gold Gains, US-China Talks in Focus
Gold prices rose to $4,260 per ounce on Monday after a sharp decline on Friday, with investors closely monitoring upcoming…
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Chart of The Day – Gold
Gold is gaining 1.10% today and breaking above $3,800 per ounce. December futures are also rising to $3,840. The main reason…
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Gold climbs to record high above $3,800 as US inflation data fuels Fed rate cut hopes
Gold price drifts higher to a fresh all-time high in Monday’s Asian session. The US PCE price index rose 2.7%…
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