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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Trade of The Day – Gold – XAU/USD
Facts The U.S. and China reached a preliminary agreement during the weekend meeting on trade terms. Gold has formed a…
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Gold price weakens further below $3,250 as US-China trade deal boosts USD and global risk sentiment
Gold price kicks off the new week on a weaker note in reaction to the optimism over the US-China trade…
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XAU/USD struggles near one-week low; US-China joint statement awaited
Gold price kicks off the new week on a weaker note in reaction to the optimism over the US-China trade…
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Gold price recovers modest Asian session losses; climbs back above $3,300 mark
Gold price attracts some dip-buyers following a modest Asian session slide to the $3,275-3,275 area. The optimism over the US-UK…
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XAU/USD surrenders major part of intraday gains; downside potential seems limited
Gold price struggles to capitalize on its intraday move higher beyond the $3,400 mark. The Fed’s hawkish pause underpins the…
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Gold price sticks to intraday gains near $3,400 amid trade-related uncertainties
Gold price regains positive traction as trade-related uncertainties boost safe-haven assets. The USD struggles to attract any follow-through buying despite…
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Lack Lustre Gold Ahead of Fed Decision
Today’s Federal Reserve decision is widely anticipated to deliver no surprises, with interest rates expected to remain on hold. The…
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Gold Falls as progress in US-China trade talks offsets India-Pakistan conflict
Gold drops over 1% as China and the US announced that top officials are set to meet in Switzerland this…
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Chart of The Day – XAU – Gold
Gold prices retreated 1.12% to $3,391.56 an ounce on Wednesday, snapping a two-day advance as news of upcoming U.S.-China trade…
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Gold price sticks to intraday losses; lacks follow-through amid geopolitical risks, ahead of FOMC
Gold price struggles to capitalize on its weekly gains registered over the past two days. The optimism over US-China trade…
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