Gold
Gold is unique for its durability (it doesn’t rust or corrode), malleability, and ability to conduct both heat and electricity. It has some industrial applications in dentistry and electronics, but we know it principally as a base for jewelry and as a form of currency.
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Gold bulls seem hesitant ahead of Fed decision on Wednesday; downside seems cushioned
Gold regains positive traction on Monday as Fed rate cut bets continue to undermine the USD. Geopolitical risks further benefit…
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Gold Gains Ahead of Fed Meeting
Gold prices rose above $4,200 per ounce on Monday after a weekly decline, as traders awaited the Federal Reserve’s final…
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Gold Dips Ahead of US PCE Data
Gold prices fell below $4,200 per ounce on Friday as investors awaited key US data ahead of next week’s FOMC…
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Gold edges lower as USD rebounds from over one-month low; downside seems limited
Gold edges lower on Thursday amid a positive risk tone and a modest USD recovery. Rising December Fed rate cut…
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Gold retreats to the lower end of its daily range, holds above $4,200 amid mixed cues
Gold attracts fresh sellers following an intraday uptick amid receding safe-haven demand. Rising Fed rate cut bets keep the USD…
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Gold retreats from six-week highs with Fed cut bets limiting downside
Gold slips as traders book profits after Monday’s surge to six-week highs. Fed rate-cut expectations remain supportive, with markets pricing…
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Trade of The Day – GOLD
Facts: GOLD price bounced off the mid-term support at 4202.70 Main trend remains upward ftom 21 of November Recommendation: Trade: Long…
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XAU/USD edges higher above $4,200 on US rate cut expectations
Gold price drifts higher to around $4,230 in Tuesday’s early Asian session. Growing expectations for US monetary easing support the…
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XAU/USD extends the rally above $4,200 as Fed rate cut bets grow
Gold price drifts higher to around $4,230 in Monday’s early Asian session. Rising Fed rate cut bets support the Gold…
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