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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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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The Week Ahead – silver and gold sell off deepens
Risk aversion grips markets at the start of February Risk aversion is gripping financial markets this morning, as the gold…
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Gold.XAU tumbles to three-week low on Fed chair nomination
Gold faces some selling pressure in Monday’s early European session. Reports that Kevin Warsh would be nominated as the next…
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USD Gain Amid a Historic Day For Precious Metals
We are closing a turbulent week on the financial markets. Gold and silver are experiencing unprecedented declines, closing the most…
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Percious Metals – Gold And Silver Plunge, Has The Metals Bubble Burst?
Gold and silver are experiencing unprecedented declines, closing the most difficult day in their modern trading history. Gold has already…
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Warsh weighs on the gold and silver as dollar debasement trade on pause
Donald Trump announced that Kevin Warsh would be his pick to replace Jerome Powell as Fed chair. He was one…
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Gold Plunges 5% – Precious Metals Slide Into Correction
Mass profit-taking and mounting pressure on leveraged long positions are weighing on precious metals today. Gold is down nearly 5%, and…
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Metals- Gold Weighed Down on Averted Government Shutdown And Trump’s Fed Pick
As we reach the end of a long trading week, European futures are pointing higher, while S&P 500 futures suggest…
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Gold pares intraday losses, keeps the red as bulls seem hesitant amid modest USD strength
Gold attracts fresh sellers on Friday on news of a deal to avoid a US government shutdown. The USD regains…
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