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/USD retreats from nearly two-week top; downside seems cushioned ahead of FOMC meeting
Gold price struggles to capitalize on the Asian session uptick to a two-month high. A positive risk tone undermines the…
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XAU/USD climbs to near $3,450 amid Israel-Iran conflict
Gold price gains momentum to around $3,445 in Monday’s early Asian session. Fears of a broader conflict in the Middle…
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Gold price drops to $3,300 neighborhood amid modest USD strength
Gold price struggles to capitalize on the previous day’s bounce from a one-week trough. The emergence of some USD buying…
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XAU/USD recovers further from one-week trough amid a broadly weaker USD
Gold price reverses an intraday slide to sub-$3,300 levels amid a weaker USD. Rising geopolitical risks lend additional support to…
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XAU/USD price shows resilience below $3,300 and rebounds from one-week low
Gold price attracts sellers for the third straight day, though it lacks follow-through. Friday’s US NFP report tempered Fed rate…
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XAU/USD slides as USD regains confidence post NFP
US NFP labor report eases expectations of a Fed rate cut, pushing XAU/USD prices lower. USD receives a boost from…
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Gold sinks on solid US jobs report but clings to weekly gains
XAU/USD falls after strong NFP data cuts rate cut hopes, but holds weekly gain above 1.30%. US adds 139K jobs…
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Gold price trades with positive bias below $3,400, multi-week top ahead of US NFP
Gold price regains positive traction following Thursday’s late pullback from a multi-week high. The US-China trade talks optimism might hold…
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Gold prices steady after ECB cuts rates, US Jobless Claims rise
Gold prices remain supported by rising trade tensions and weakening economic growth prospects which continue to support the demand safe-haven…
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XAU/USD Technical Analysis – Eyes on the NFP report
Gold got stuck in another consolidation as traders await the NFP report due tomorrow Fundamental Overview Gold got stuck in…
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