Tag Archives: gold prices

Gold has dived in the negative direction for the day after a reversal from near $1800. The Gold Index peaked at $1799 during the US trading session and then turned to the downside falling around $1785.Thursday’s data showed the Producer Price Index in the US dropped by 0.5% in July, …

Gold prices fell on Thursday from their highest levels in more than a month, as comments from Federal Reserve officials pointed to further interest rate hikes despite signs of easing inflation in the world’s largest economy. Gold is highly affected by rising US interest rates, because they increase the opportunity …

Gold price is advancing towards $1,800.00 after a healthy correction. The precious metal trades at 1,792 at the time of writing amid a risk-on market sentiment that has infused fresh blood into the gold bulls.Cooler than expected US CPI has trimmed extremely hawkish Fed bets. Gold price has picked bids …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments in the financial markets: US Jobs Data The US jobs data came on the positive side as the US economy added …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments in the financial markets: Despite the Federal Reserve raising interest rates by 75 basis points, the US markets are performing positively; …

Financial markets witnessed another volatile trading session on Thursday. Most markets were literally struggling for obvious direction. The US dollar was under pressure during Asian trading hours, resurged during the European session and was put again under pressure in the American afternoon.Safe-haven assets were the best performers against the US …

Recession-linked fears have put the US dollar on the bullish path throughout the first half of the day, although cooling expectations of a 100 bps rate hike in the US triggered a corrective slide. The EUR/USD pair plunged to 0.9951 but finished the day at around 1.0020.CME FedWatch is now …

At $1,807.17, gold price is slightly retreating in the midday US session as markets are on holiday. Bond markets are closed on the occasion of the US Independence Day, but the US dollar has seen two-way price action which has both supported and sunk gold at the start of the …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments of the financial markets: First: Stock marketThe equity market has tried to recover as markets observed during last week in the …

Gold reversed from two-day highs and is back near weekly lows as the US dollar surges after comments by key central bankers in their speeches before the ECB Forum from Portugal.Gold prices dropped sharply during the US trading session, erasing daily gains. XAU/USD peaked at $1833, the highest level in …