Tag: GOLD
Commodity Review: 18 – 22 December 2023
Gold and Silver prices ended slightly lower on Friday (15/12). Friday's strengthening US Dollar weighed on metal prices. In addition, hawkish comments from New...
Market Recap: Dollar slumped; Gold & Oil supported on rising Fed rate cut bets
Economic Indicators & Central Banks :
US consumer confidence improved better than expected, but it follows big downward revisions to October. The consumer confidence...
Increased Geopolitical Risks May Trigger Risk-off in Gold’s Favour
In Monday's trading , the USDIndex was little changed. The dollar on Monday received support from safe-haven demand, after Israel declared war on Hamas,...
XAUUSD: Nearing Yearly Lows Ahead of US Labour Data
Last week's decline in gold prices accelerated after the break of the current downtrend channel support. The last time Gold traded at such a...
GOLD: Weekly Review 25-29 September 2023
Gold prices stayed below $1,930 per ounce as investors were concerned about the Fed's hawkish policy, the future of global economic expansion and dismal...
Gold Returns to Bearish Area
Gold is under renewed selling pressure, having risen to 1,952 on the first trading day of September, breaking out of the ascending channel on...
