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 price recovers modest Asian session losses; climbs back above $3,300 mark
Gold price attracts some dip-buyers following a modest Asian session slide to the $3,275-3,275 area. The optimism over the US-UK…
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XAU/USD surrenders major part of intraday gains; downside potential seems limited
Gold price struggles to capitalize on its intraday move higher beyond the $3,400 mark. The Fed’s hawkish pause underpins the…
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Gold price sticks to intraday gains near $3,400 amid trade-related uncertainties
Gold price regains positive traction as trade-related uncertainties boost safe-haven assets. The USD struggles to attract any follow-through buying despite…
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Lack Lustre Gold Ahead of Fed Decision
Today’s Federal Reserve decision is widely anticipated to deliver no surprises, with interest rates expected to remain on hold. The…
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Gold Falls as progress in US-China trade talks offsets India-Pakistan conflict
Gold drops over 1% as China and the US announced that top officials are set to meet in Switzerland this…
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Chart of The Day – XAU – Gold
Gold prices retreated 1.12% to $3,391.56 an ounce on Wednesday, snapping a two-day advance as news of upcoming U.S.-China trade…
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Gold price sticks to intraday losses; lacks follow-through amid geopolitical risks, ahead of FOMC
Gold price struggles to capitalize on its weekly gains registered over the past two days. The optimism over US-China trade…
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Commodities – Oil, Natgas, Gold And Cocoa
Oil OPEC+ has agreed to another substantial production increase for June, once again by 411,000 barrels per day, mirroring the…
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XAU/USD eases from two-week high; bullish bias remains amid rising geopolitical risks
Gold price continues to attract safe-haven flows amid rising geopolitical tensions. The intraday move up seems unaffected by the emergence…
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Gold rallies 2% at start of week with renewed geopolitical tensions
Gold price rallies more than 2% on Monday with nervousness towards the Fed interest-rate decision. Geopolitical risks coming from Trump…
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