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Tag Archives: Gold

Gold on Its Way to Maintain Week-High And Beyond

The precious metal returned to the positive steps found a strong support floor around our target, which it reached during this week’s trading at 1909 and pushed it to rebound higher. On the technical side, the current moves are witnessing stability above the 1934 resistance at 50.0% Fib retracement with …

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Gold Falling, Dollar Rise And Eyes on Banks

Gold prices fell on Wednesday, September 9th, as the dollar’s rally overshadowed the support caused by the decline in global stocks, while investors awaited monetary policy strategies from central banks this week. Spot gold fell 0.3% to 1925.97 dollars an ounce by 06:16 GMT. And gold in US futures fell …

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Dubai TV Interview, September 7, 2020

The main remarks by Mohamed Hashad, Director of Research and Development at Noor Capital, to Dubai TV on Monday, September 7, 2020. Wall Street Recent remarks by the Federal Reserve at the Jackson Hall annual conference and the review of its policy, allowing inflation to go above the long-term target …

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Gold Rises as Stocks Decline

Gold prices rose, as US Treasury bond yields and global stocks declined, which boosted demand for the precious metal, which is considered a safe haven ahead of job data in the non-agricultural sectors in the United States, but the strong dollar puts gold on a weekly decline path. In spot …

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Gold Futures Down $6.90 at Close

Gold prices closed lower on Thursday, falling to their lowest level in about a week. The yellow metal futures for December delivery settled lower by $6.90, or 0.4%, at $1,937.80 per ounce. This is the lowest closing level for gold futures since Thursday August 27. Meanwhile, silver futures for December …

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