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 – GOLD. XAU/USD lands on EMA200 as sell-off intensifies
The gold sell-off extends further (GOLD: -1.5%), bringing the precious metal futures down to its 200-days exponential moving average for…
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Breaking: $4,400 key support broken as Gold drops to two-month low on fresh Iran escalation
Gold attracts sellers for the third straight day as fresh escalation in the Iran conflict boosts the USD. Inflation fears…
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Gold drops to one-week low, seems vulnerable below $4,500 on hawkish central banks
Gold remains on the back foot as the USD continues to benefit from persistent geopolitical uncertainties. Inflation fears lift hawkish…
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XAU/USD – Gold drops 1%
Gold and silver prices are falling on Tuesday despite lower U.S. Treasury yields. Gold is trading near $4,500 per ounce,…
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Commodity Wrap – Gold, Oil, Natgas, Coffee
Key takeaways Gold: Prices remain under pressure from persistent inflation and high US yields, but continuous purchases by central banks…
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XAU/USD strengthens on Fed hike bets and Iran peace uncertainty
Gold attracts fresh sellers on Tuesday and is pressured by reviving US Dollar demand. Mixed signals surrounding a US-Iran peace…
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Chart of The Day: GOLD
Gold is up 1.21% today, approaching the $4,560 per ounce mark. The move is primarily driven by a weakening US…
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Gold sticks to gains as Iran diplomacy hopes weigh on USD; upside potential seems limited
Gold kicks off the new week on a positive note as US-Iran peace deal hopes undermine the USD. The US…
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XAU/USD weakens as hawkish Fed outlook and Iran tensions support US Dollar
Gold meets with a fresh supply as geopolitical risks and hawkish Fed bets underpin the USD. Iran’s uranium enrichment and…
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Gold attracts some sellers on Thursday amid the underlying bullish sentiment surrounding the USD. Hawkish FOMC Minutes reaffirm rate hike…
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