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 sticks to losses as Iran peace deal doubts revive USD demand amid hawkish Fed bets
Gold meets with a fresh supply on Friday as the Iran peace deal uncertainty lifts the USD. Hawkish Fed expectations…
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Chart of the day: GOLD catches breath amid shaky risk appetite recovery
Gold halted its streak of sharp declines today, which had dragged the commodity’s price down by 8.8% this week. Futures…
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Gold steadies above YTD low on softer USD; bearish bias remains amid Fed hike bets
Gold recovers slightly after touching a fresh year-to-date low during the Asian session on Thursday. Mostly in-line US CPI report…
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Gold hits fresh low since March as inflation fears lift hawkish rate bets ahead of US CPI
Gold attracts heavy follow-through selling on Wednesday amid renewed US-Iran tensions. Inflation fears fuel bets for more hawkish central banks…
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Gold draws support from weaker USD; bulls seem hesitant amid Fed hike bets
Gold steadies following the overnight bounce from its lowest level since March 23. Israel and Iran halt hostilities, undermining the…
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Gold steadies after hitting two-and-a-half-month low, hawkish Fed outlook caps gains
Gold stages a rebound on Monday but remains near 11-week lows. Higher-for-longer interest rate expectations continue to weigh on non-yielding…
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Gold seems vulnerable near March low as geopolitics and Fed hike bets support USD
Gold adds to Friday’s upbeat US NFP-inspired losses and drops to a fresh low since March. Persistent geopolitical uncertainties continue…
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Gold rebounds from one-week low as Israel-Lebanon truce pressures safe-haven USD
Gold rebounds from a one-week low as the Israel-Lebanon truce undermines the safe-haven USD. The US-Iran standoff keeps geopolitical risk…
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Gold struggles below $4,500 as Oil-driven inflation fears reaffirm Fed hike bets
Gold meets with a fresh supply on Wednesday amid fears that rates would stay higher for longer. Rising Oil prices…
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Trade of The Day: GOLD – XAU/USD
Facts: The MACD moving average is generating a bullish signal by crossing above the signal line from below. RSI (14)…
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