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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XAU maintains upward pressure above $2,660, focus on China
The increasing uncertainty in the Middle East and China’s purchases support Gold’s recovery. The US Dollar hesitates as strong US…
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Gold price stands firm near $2,650 hurdle
Gold price ticks higher on Monday amid bets for another Fed rate cut in December. Geopolitical tensions and trade war…
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XAU price stalls intraday recovery as traders await US NFP report for Fed rate cut cues
Gold price stages a goodish recovery from over a one-week low touched earlier this Friday. A softer risk tone, geopolitical…
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Gold price retreats as US yields rise, ahead of Nonfarm Payrolls
Gold price drops amid rising US Treasury yields diminish its appeal amidst uncertain Fed actions. Mixed US jobless claims data…
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XAU price struggles for a firm near-term direction as traders keenly await US NFP report
Gold price extends its consolidative price move amid mixed fundamental cues. Geopolitical risks and trade war fears offer support to…
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XAU price edges higher as ADP falls shorts of expectations
Gold prices see slight increase, stabilizing at around $2,650 following subpar US ADP employment data. November’s ADP report shows a…
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Gold edges higher after Fed speakers talk up Christmas interest-rate cut
Gold pushes higher on Tuesday after some Fed speakers indicated they might be leaning towards possibly cutting interest rates in…
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Gold price surrenders intraday gains to $2,650
Gold price gains some positive traction on Tuesday, albeit the upside remains limited. Trade war fears, geopolitical risks and depressed…
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Gold price consolidates rising US bond yields and stronger USD-inspired losses
Gold price meets with heavy supply on Monday and snaps a four-day winning streak. Rebounding US bond yields help revive…
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Gold price languishes near daily low on stronger USD
Gold price meets with heavy supply on Monday and snaps a four-day winning streak. Rebounding US bond yields help revive…
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