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 pares intraday losses to sub-$4,400 levels on softer USD; not out of the woods yet
Gold attracts some follow-through selling on Monday amid rising September Fed rate hike bets. US-Iran tensions lift crude oil prices…
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XAU/USD drifts lower below $4,450 as hawkish Warsh remarks lift Fed hike bets
Gold price declines to around $4,445 in Monday’s early Asian session. Fed’s Warsh warned the central bank still has ‘work…
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Gold Extends Fall on Fed Rate Hike Bets
Gold fell below $4,450 an ounce on Monday, extending a sharp drop in the previous session as hawkish remarks from…
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Hawkish Fed Chair Warsh Boosts the Dollar and Sinks Gold
The dollar index (DXY00) rallied to a 2-week high on Friday and finished up by +0.61%. The dollar jumped on…
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Gold Price Forecast: XAU/USD holds above $4.600 with all eyes on Fed Warsh’s speech
XAU/USD flatlines at $4.600 after rejection at $4,700 earlier this week. Investors bide their time on Friday, awaiting Fed Warsh’s…
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Gold Price – XAU/USD holds gains above $4,600 as bullish bias prevails
Gold may find the primary resistance at the three-month high of $4,697.07. The 14-day Relative Strength Index at 67 shows…
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Gold scales higher on softer US yields as traders await Fed Chair Warsh’s speech
Gold regains positive traction as the US Treasury’s buyback strategy keeps US bond yields depressed. The US inflation data fuels…
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Gold remains depressed below $4,650 on firmer USD; looks to US PCE for Fed rate outlook
Gold is seen consolidating in a range as bulls keenly await the release of the US PCE data. Fading Fed…
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Commodity Wrap – Natgas, Cocoa, Gold, Oil
Market Situation During today’s session on the commodities market, slight declines prevail, with the average decrease amounting to -0.26% and…
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Gold moves away from multi‑month top as Fed rate fears and Middle East jitters support USD
Gold attracts some sellers following an intraday rise to a fresh multi-month high on Tuesday. Fed rate-hike bets amid inflation…
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