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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Chart of The Day – XAU/USD
Gold prices surged to new record highs on Friday, with spot gold jumping more than 1% to $3,207.20 an ounce…
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XAU/USD surges to record high above $3,200 on US-China tariff war
Gold price jumps to around $3,215 in Friday’s Asian session, adding 1.27% on the day. An escalation of the US-China…
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XAU/USD reaches records amid escalating US-China trade war
Escalating tensions between the United States and China put markets in risk-off mode. Wall Street resumed its bearish route with…
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Gold price sees US session push Bullion to $3,125
Gold price sprints higher, out of the sub-$3,000 region to $3,125 on Thursday. President Trump announced a 90-day pause on…
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Chart of The Day – Gold – XAU/USD
Gold has rebounded nearly 5.5% from Monday’s low. Although the GOLD futures contract bounced off the 78.6% Fibonacci retracement level,…
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XAU/USD climbs to $3,017, closer to Tuesday’s swing high amid heightened safe-haven demand
Gold price catches fresh bids on rising global trade tensions and recession fears. Bets for multiple Fed rate cuts weigh…
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XAU/USD moves away from multi-week low set on Monday; looks to the $3,000 mark
Gold price attracts some dip-buyers as worries over US tariffs revive safe-haven demand. Bets for more aggressive Fed rate cuts…
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Trade of The Day – XAU/USD
Facts: The search for liquidity in the market during the recent sell-off also contributed to an increase in supply in…
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Gold price slides as Powell warns on tariff-driven inflation
XAU/USD is pressured by the Fed’s hawkish tone and a liquidity crunch. Powell signals tariffs could reaccelerate inflation, cooling rate…
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XAU/USD hovers near $3,100; bullish bias remains ahead of US NFP report
Gold price meets with a fresh supply on Friday, though the downside potential seems limited. Trump’s tariffs-inspired risk-off mood might…
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