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 faces rejection near $4,900 as bets for less dovish Fed counter supporting factors
Gold attracts strong dip buyers on Friday following an Asian session decline to a four-day low. A turnaround in the…
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Gold sticks to negative bias on firmer USD; holds comfortably above daily low and $4,900
Gold meets with a fresh supply during the Asian session amid some follow-through USD buying. Dovish Fed bets support the…
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Gold Drops on Fed Caution
Gold dropped more than 2% to around $4,840 per ounce on Thursday, trimming gains from a two-day recovery, pressured by…
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Metals – XAU/USD Surges 2.5%
Gold is performing exceptionally well today, up nearly 3% and continuing its climb toward record levels. Prices recently posted their…
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Metals – Gold.XAU rallies further beyond $5,050 amid flight to safety, dovish Fed expectations
Gold scales higher for the second straight day as renewed US-Iran tensions boost safe-haven demand. Fed rate cut bets keep…
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Gold and Silver Recovery Continues While Equities Sink
The risk recovery is on pause as we move through Tuesday. After signs that a recovery in precious metals could…
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Metals – Gold And Silver Surge, Have The Bulls Returned?
Metal prices have quickly returned to gains after a historic crash, with “dip buyers” stepping back into the market. Gold is…
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Stocks Make Record Highs While Gold and Silver Stage a Comeback
The main news this morning is the big recovery in precious metals. Gold is higher by more than 5% so…
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Metals – XAU/USD bounces towards $4,800, remains bearish on the day
XAU/USD reaches levels near $4,800 after bouncing from $4,404 lows. Kevin Warsh’s nomination as the Next Fed Chief triggered a…
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XAU – Gold Pares Losses
Gold is currently trading down just over 3%, recovering from an intraday plunge of 9% and a peak-to-trough decline exceeding…
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