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 remains depressed amid modest USD strength; bullish potential seems intact
Gold price struggles to capitalize on the previous day’s modest gains amid mixed cues. A modest USD uptick weighs on…
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Gold prices shake off disappointing ADP report, Trump lashes out at the Fed for being “Too Late”
Gold stabilises despite disappointing job numbers for the US private sector. ADP data misses expectations, with the May report showing…
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Gold price trades with positive bias above $3,350, remains close to multi-week top
Gold price regains positive traction following the overnight pullback from a multi-week peak. Fed rate cut bets and US fiscal…
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Gold prices retreat after US JOLTS data hints at a resilient US labour market
Gold prices extend losses as US Dollar gains on upbeat labour data. The US Dollar rebounds as the Fed digests…
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Trade of The Day – Gold
Facts:Gold price bounced off the key support near 3330Gold has been trading in an upward move from 29th of May…
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Gold: Long market plumbing – TDS
Markets continue to expect large-scale CTA buying activity in Gold markets, tallying up to a massive +20% of max size into this…
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XAU/USD retreats from multi-week top as a recovering USD prompts mild profit-taking
Gold price attracts some intraday sellers amid a modest USD rebound from a multi-week low. Fed rate cut bets and…
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Gold Gains 2% Amid Safe Haven Demand
Gold found renewed favour in the first trading session of June as investors sought refuge in safe-haven assets. The price…
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XAU/USD resumes its uptrend, heading to $3,365 and $3,415
Gold rallies with trade uncertainty, US debt woes hurting the US Dollar. Investors await the US ISM Manufacturing PMI data…
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Chart of The Day – XAU/USD – Gold
Gold rebounds 1.8% amid strong return of risk aversion, approaching key resistance near $3,365 per ounce. The exchange of accusations between…
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