XAU/USD: Recovery May Extend Further on Fading US Rate Hike Prospects
Gold price is holding within a narrow consolidation on Wednesday, following 0.9% acceleration on Tuesday. […]
Gold Probably Ending a Short-term Bounce
Gold’s rally appears to be running out of steam after a 2% rally since the […]
European Currencies Hit New Lows, Precious Metals on the Rise
European currencies, along with the yen and commodity currencies, came under pressure again last week. […]
Euro Underperforms Amid Weak German Consumer Sentiment; Gold Gains Momentum
Euro is trading lower across the board today, additionally dragged down by weaker-than-expected consumer sentiment […]
Gold Reclaims 200-day SMA After Bouncing Off 5-month Low
Gold had been experiencing a strong pullback following its recent peak at 1,987, with the price […]
XAU/USD: Gold Price Climbs to Two-Week High
Recovery leg from $1884 (Aug 17/21 double-bottom) extends into fourth straight day and hit two-week […]
Rate Expectations Pared Back as PMIs Point to Recession
European stocks have given back the bulk of their gains this morning as flash PMI […]
Is Gold Destined to Lose More of Its Shine?
With US Treasury yields and the dollar marching north, gold has come under selling interest, […]
Gold Price Signals Bearish Breakdown, PMI’s Next
Key Highlights Gold price is moving lower below the $1,900 zone. A major bearish trend […]
Silver extending rebound, can it take Gold higher?
Silver’s rebound from 22.21 extended higher overnight and the development should confirm short term bottoming […]
Gold Price Updates Minimum of the Year Against the Background of Rising Yields of US Govt Bonds
Treasury yields are rising, especially for long-term periods. For example, the yield on 10-year bonds […]
Silver accelerates up, taking Gold higher
Silver’s impressive rally intensified yesterday, pulling Gold upwards in its wake. This surge seems to […]