$XAU#Gold #Price #Commodities #Trading #Inflation The price of gold may rise further amid uncertainty over rising inflation and mass buy-ups by the world’s large gold funds. Gold futures on Thursday extended a record rally to a fifth straight day, with a muted U.S. dollar and lackluster moves in equities supporting bullion’s ascent to near $2,100. […]
$XAU #Gold #FX #Trading #Commodities #Markets Gold and silver prices are again sharply higher in midday U.S. trading Wednesday. Gold prices have pushed to an almost nine-year high, while silver is strongly up again today and hit a 6.5-year high. The feature in the global marketplace at mid-week is the gold and silver markets. Gold […]
$XAU #Gold #FX #Commodities #Markets #Trading The rally in the gold price regained momentum on Monday as investors continue to pile into hard assets amid a flood of easy money on financial markets in the developed world and expectations of a prolonged period of ultra-low interest rates and currency debasement. Gold for delivery in August, […]
$XAU #Gold #FX #Commodities #Currencies #Markets #Trading Gold futures rebounded from early session weakness on Friday to close higher for the session. The two-sided price action was generated as fears over business disruptions due to another record-breaking rise in COVID-19 cases at home drove up the possibility of additional fiscal and monetary stimulus. Traders were […]
$XAU #Gold #Markets #Commodities Gold prices moved higher on Wednesday and closed at fresh 8-years highs, despite a better than expected United States industrial production report. The dollar moved lower but settled off session lows which paved the way for higher gold prices. United States yields were mixed, as the curve flattened with the 2-year […]
$XAU #Gold #Trading #PerfectTiming #ShayneHeffernan A “perfect storm” of surging government debt levels, plunging real bond yields, rising coronavirus cases and deteriorating economic forecasts pushed the value of gold to an eight-year high last week, and Shayne Heffernan, Founder and CEO of HEFFX currently project the metal to top its all-time high within the following […]
Gold 1 OZ (XAU=X) Accumulate on Dips The gold market is seeing some stability at the start of the new trading week as prices attempt to recover from Friday’s roughly 3% selloff. August gold futures last traded at $1,689.50 an oz, up 0.39% on the day. The precious metal took a big hit Friday. It […]
Gold 1 OZ (XAU=X) Capped by Increasing Demand For Riskier Assets Gold futures finished slightly lower last week with gains probably capped by increasing demand for risky assets. serving to to underpin the precious metal was a weaker U.S. Dollar. I saw no evidence of “safe-haven” demand which is an illusion anyway. The direction of […]
European shares close to 11-week high U.S. stock futures clear 3,000 level U.S. consumer confidence data due at 1400 GMT Gold prices edged lower on Tuesday as hopes of economic recovery lifted share markets with several countries easing coronavirus-driven lockdowns, although Sino-U.S. tensions over Hong Kong limited bullion’s losses. Spot gold XAU= slipped 0.1% to […]
Gold 1 OZ (XAU=X) A Likely Slower Grind Higher The current gold bull market started in December 2018 and hit its growth spurt a year ago, in May 2019. Spot and futures prices have rallied 30-35% since that time, to the ~US$1,700/oz range, as the COVID-19 shock brought forward constructive gold market themes that were already […]