Gold has been declining sharply since the start of trading this week, continuing the downward trend it has followed since last Friday. This decline has been exacerbated by news that has dominated headlines on Monday about a potential ceasefire in Lebanon, which has had a negative impact on the precious …
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US stock index futures continued to decline for the second day in a row, as US stock indices declined significantly ahead of Wednesday’s trading session, affected by the latest negative escalations in the ongoing conflict between Russia and Ukraine. Where the futures contracts for the Dow Jones decreased to 34,411.00 …
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Gold is oscillating in a range of $1,915.78-1,949.86 from the last three trading sessions amid positive market sentiment. The digestion of worst-case scenarios amid Russia’s invasion of Ukraine by the market participants has kept the tone of the market favorable. The precious metal is trading lackluster and is looking for …
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US stocks rose on Tuesday, with the Dow and S&P notching their fourth straight session of gains, on optimism some progress was being made toward a deal to resolve the conflict between Russia and Ukraine.Russia pledged to cut down on military operations around Kyiv and in northern Ukraine, while Ukraine …
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USD/CAD reached a new daily high after the US central bank raised the benchmark interest rate by 25 basis points, as widely estimated, the first hike since December of 2018. As Fed’s Chair Powell speaks, the USD/]CAD is trading at 1.2716. The Canadian dollar weakened severely, reacting upwards and printing …
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Gold prices fell on Wednesday after approaching a record level, with the dollar holding near its highest level in 21 months and investors taking some profits, while the price of palladium rose after the Ukrainian crisis raised fears of a lack of supplies from Russia, its largest producer. And the …
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Gold overnight hit a YTD high at $2002.67, but afterwards, retreated to January’s 2021 resistance level-turned-support around $1959.40. Just now, the XAU/USD Index is trading at $1996.21, reflecting the risk-aversion of the financial markets.The conflict between Russia-Ukraine has not eased amid the third round of ceasefire talks. Sanctions on Russia …
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