Tag Archives: gold prices

On Wednesday, gold was expected to reach new lows, testing $1,950. Investor hopes for a dovish Fed ease are pushing back precious metals. Gold is trading at $1,947.96 per ounce at the time of writing.US Treasuries are still quite low; they recently eased back to 4.5% from 4.615%. Gold is …

The 10-year yield increased to 4.66%, while the 2-year yield rose from 4.85% to 4.93%, providing support for the Dollar and averting further losses. Thus far, the dollar’s recovery seems corrective, and fundamental reasons continue to give the currency vital support.The US Dollar Index fell to its lowest point since …

Place Gold is retreating from $1,990 as the yield on US Treasury notes increases slightly. Early on Tuesday, the market is becoming more nervous as the RBA is expected to hike interest rates by 25 basis points. China data will also be discussed during Tuesday’s early trading session.As of this …

Gold fell on Monday as risk appetite increased, while traders awaited a speech by Federal Reserve Chairman Jerome Powell and statements from a group of Federal Reserve members scheduled for this week for further clues on the path related to monetary policy. By 1152 GMT, gold in spot transactions fell …

The gold market has been seeing some two-way price action of late. After hitting close to $2,000 last month on geopolitical worries, Gold is poised for its first weekly loss in nearly a month as safe-haven demand cools ahead of today’s key US jobs data. Gold edged higher intraday but …

Gold price clings to gains prompted by paused monetary policy from the Fed. Weak US private payrolls and factory data have diminished the appeal of the US dollar. The release of the US NFP would guide further action on the precious metal.As of this writing, gold is trading at $1983.50. …

Gold price rallies to $2007.75 per troy ounce, bouncing back from daily lows of $1976.97. Escalating Middle East conflict and Israel military expanding its operations in Gaza.Gold price finally broke the $2000 troy ounce barrier on Friday amidst increasing geopolitical risks, as the conflict between Israel and Hamas is at …

Crude oil prices declined on Monday. The WTI barrel dropped to its lowest level in a week, reaching $85.66.Gold pulled back despite the sharp slide in US yields; XAU/USD found support above $1,970. Meanwhile, Silver experienced losses and dropped below $23.00.Remarkable DevelopmentsThe Treasury market was the center of attention on …

Despite higher bond yields, the Gold price gained to around $1,980 this week – its highest level in three months. Economists at Commerzbank analyze the yellow metal’s outlook.The Gold Index (XAU/USD) upside potential is likely exhausted, but gold price could probably chalk up some additional gains if the Middle East …

In an interview on Dubai TV, Mohammed Hashad, Director of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented on the performance of global markets in light of the current geopolitical developments in the Middle East.First of all; Hashad commented on oil prices …