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 struggles to lure buyers amid bullish USD; eye US NFP for Fed rate cues
Gold remains confined in a range as traders opt to wait for the release of the US NFP report. The…
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Gold bulls seem hesitant as resilient US Dollar and yields cap upside
Gold reverses a modest Asian session dip, though any meaningful appreciation seems elusive. The USD buying remains unabated as oil-driven…
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Gold edges lower as Fed hike bets and Middle East jitters underpin USD
Gold bulls remain on the sidelines amid bets for at least one Fed rate hike by the end of this…
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Gold Holds Near $4,100 as Higher Oil Prices and Fed Rate Risks Pressure Bullion
Gold is trading near $4,100 per ounce after suffering a sharp decline, with higher oil prices, rising Treasury yields and…
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Chart of the Day: GOLD drops 4% and paves the way to $4,000
Gold prices fell by more than 4% on Monday, breaking through key support levels and dropping below the $4,200-per-ounce mark…
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Gold tumbles to near $4,200 as hawkish Fed signals and stronger US Dollar pressure bullion
Gold price falls to near $4,215 in Monday’s early Asian session. Fed’s Hammack worried inflation expectations could deteriorate. Hawkish Fed…
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Gold Under Pressure as Oil and Fed Expectations Reshape the Market
Gold is trading around $4,250 an ounce, extending its recent decline and approaching its lowest level in seven weeks. The…
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Gold Heads for Weekly Drop
Gold traded around $4,270 an ounce on Friday and was on track to decline more than 2% for the week,…
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Gold flat lines below $4,300 as Fed hike bets cap upside ahead of Trump-Xi meet
Gold remains depressed near a one-week low, touched earlier this Thursday. Fed rate hike bets and elevated US bond yields…
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Trade of the day – GOLD
Facts As of 11:20 a.m. on September 23, GOLD is down 0.94%, retreating to around $4,320 per ounce. The rebound…
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