Tag Archives: Gold

Gold changed course after hitting a multi-month high of $1,974.40 a troy ounce and plummeted to $1,877.96, now bouncing modestly from the latter up to $1,889.80.Gold began shedding ground heading into the US opening, accelerating its slide afterwards. A recovery in Wall Street put the final nail on gold’s coffin …

A typically dark day for Europe witnessed extraordinary shock across financial markets. This report sums up some of the signals that world economy received during the first hours of the assault. Dow Jones plunges as Russian assault against Ukraine roils global markets, oil prices soared to record highs after Russia …

The US session closed with investors expressing very pale optimism about Eastern Europe developments, despite this weak optimism the market’s sentiment deteriorated during US trading hours, resulting in the stronger USD against most of its major rivals.Ukraine declared the State of Emergency starting February 24 and for 30 days amid …

The day started with investors optimistic about Eastern Europe developments, but the market sentiment deteriorated during the US trading session’s hours, resulting in the stronger USD against most of major global counterparts.Ukraine has declared the State of Emergency starting 24 February for 30 days amid reports from US intelligence indicating …

Gold has been on the front foot in recent trading hours, pushing towards $1910 and eyeing weekly highs just above it. Following US warnings to Ukraine that a Russian invasion could come within 48 hours, market anxiety is elevated.The Gold Index (XAU/USD) has been rallying from earlier session lows in …

Gold is subdued on a choppy trading session, clinging to the $1,900 mark amongst an overall upbeat market mood, following a series of sanctions imposed by the US to Russia, which appeared to be measured, an excuse for investors to seek riskier assets. XAU/USD is trading at $1,907 at the …

Gold fell on Wednesday as risk-related assets rose, as investors in the precious metal awaited more developments in the Ukraine crisis while preparing for major central banks to raise interest rates soon. By 1035 GMT, spot gold fell 0.2 percent to $1,894.82 an ounce, retreating from a nearly nine-month high …

The yellow metal prices faced a pivotal resistance level of 1916, clarifying that the price behavior should be monitored around this level in the medium term, forcing the pair to trade negatively to retest the strong demand area published in the previous report at 1892. On the technical side today, …

Gold: US Bliken’s Remarks Impact market sentiment Gold prices were trapped in a range as sellers emerge to sell the news on Russia. Fed is moving back into focus as the Russian risk premium starts to decay. Traders watching for further deployment of Russian troops in expanded borders of Donetsk …

The price of gold retreated from its highest level since June on Tuesday, but the escalation of tension in eastern Europe could keep the demand for it driven as a safe haven. And gold fell in spot transactions 0.5% to $ 1895.76 an ounce, after hitting its highest level since …