Rising Yields, Weaker Crude Sink Gold
The gold market is getting the week started off on the wrong foot as prices are moderately weaker at lunchtime Monday. Spot
read moreCorrective Pullback As Expected
The gold market is lower today in mid-morning action as longs book some profits following recent strong gains. Despite being down by
read moreGold Higher As Crude Climbs
The gold market is on the offensive today as crude oil prices continue their recent ascent. Crude prices are up by nearly
read moreBears Trying Hard
The gold market is lower in early action today as recent commentary from Fed Chairman Jerome Powell is being viewed as more
read moreBulls Buy The Dip
The gold market is higher in early afternoon trade as the earlier dip was scooped up by bargain-hunting bulls. Spot prices are
read moreGold Rebounds On Bargain Hunting And Short Covering
Following consecutive days of losses, the gold market saw a sharp rebound today. Spot prices rose by some $12.90 in mid-afternoon trade.
read moreFed A Non-Event?
The conclusion of the latest FOMC policy meeting has now come and gone. As expected, the central bank raised its Fed Funds
read moreDownside Momentum Building
The gold market is lower again today as the bears see some momentum building. While gold is well above the lows of
read moreDoes Another Big Down Day Signify Trouble?
After getting hammered late last week, the gold market is sharply lower again today to begin the new trading week. Spot gold
read moreStill Under Pressure
Despite some seemingly bullish data released this morning, the gold market remains on the defensive following yesterday’s large sell-off. Spot prices are
read moreWhat Goes Up Often Comes Down
After hitting fresh all-time highs for a brief period yesterday, the gold bulls appear to be booking some profits today following the
read moreWas Only A Matter Of Time
The gold market hit a new all-time high today as risk aversion remains strong. News of a ban on Russian oil imports
read moreBulls Gaining Momentum As Uncertain Weekend Looms
The gold market is sharply higher in early action Friday as the war in Europe intensifies. The markets have also seen the
read moreGold Flat As Risk Aversion Remains Elevated
The gold market had gotten the day off to a strong start, rising by several dollars per ounce. That initial strength quickly
read moreBulls Showing Force
The gold market is sharply higher at lunchtime Tuesday as keener risk aversion and anxiety continue to plague markets. The gold bulls
read moreGold Rises As Anxieties Increase
The gold market is showing some strong upside in early action Monday as the new trading week gets underway. The general sense
read moreWill Russia Negotiate?
The war in Ukraine has had a profound effect on global markets. Yesterday’s full-on assault by Russian troops opened the door to
read moreGold Lower As War Under Way
Its official-Russia has launched a full-scale invasion of Ukraine. After stationing troops along the border for weeks, Russia has now given the
read moreBulls Still In Firm Control
The gold market is higher today as markets digest the Russian invasion of Ukraine. Against a backdrop of bullish fundamentals and technicals,
read moreThe War Watch Continues
The gold market is trading slightly higher around lunchtime Tuesday as things heat up further between Russia and Ukraine. Gold traded up
read moreGold Sees Mild Pullback To End Exciting Week
After some exciting upside that saw gold reach $1900 per ounce late this week, the yellow metal pulled back slightly Friday as
read moreGold Hits $1900
The gold market is having a strong upside day as prices have hit the $1900 level before taking a breather. The eight-month
read moreGold Down As Inflation Up
The gold market is seeing some moderate selling today as geopolitical tensions have eased-at least for now. The yellow metal is down
read moreProspects of War
The gold bulls are out in force Monday as spot prices have risen above key resistance. Gold is now sitting around $1865
read moreWill Inflation Expectations Push Gold Higher?
The worries over inflation have not abated in recent months. These concerns, rather, have increased significantly in recent weeks. Yesterday’s CPI reading
read moreBulls Gaining Some Ground
As the new trading week gets underway, the gold bulls are seeing some further bullish momentum. Spot gold prices are up $12.80
read moreGold Holding Above $1800
The gold market Has seen some reversals today as overnight gains were wiped out following the surprisingly strong jobs data for January.
read moreMay More Forecasts Be Lowered?
The gold market is seeing some shifts in expectations for the year ahead. Rising inflation, an increasingly aggressive Fed and other factors
read morePrice gains for Gold on short covering
The gold market is getting the new trading week off to a decent start. Some short covering and bargain hunting has lifted
read moreGold Declines As Inflation Fears Take Hold
The gold market is not having a good day Thursday as spot prices are declining by some $25 per ounce. The selling
read moreSome Nerves Ahead Of The Fed
The gold market is seeing some moderate selling pressure today as investors await the conclusion of the Federal Reserve Policy meeting. Although
read moreTensions on the Border
The gold market is off to a strong start this week as risk aversion drives equity markets sharply lower Monday. The benchmark
read moreBulls Gaining Momentum
The gold bulls appear to be gaining momentum today, as spot prices are sharply higher in early morning action. Gold is up
read moreHigher Dollar and Yields Fueling Gold Decline
The gold market is lower today as traders return from the long holiday weekend. As the benchmark Dow Jones Industrial Average craters
read moreGold In No Man’s Land
The gold market is slightly lower in mid-morning trade Friday. The yellow metal is not showing much of a reaction to changing
read moreFed Flexibility To Lead Gold Higher
The gold market saw some relief yesterday as Fed Chairman Jerome Powell testified regarding his nomination to retain his seat as Fed
read morePressure Remains Following Hawkish FOMC Minutes
The gold market is under significant selling pressure again today as investors react to Wednesday’s release of the latest FOMC meeting minutes.
read morePhysical Demand Remains Strong
The U.S. Mint recently announced that demand for physical gold hit its highest level since 2009. The mint said sales of its
read moreGold Bouncing Back
The gold market is seeing some buying Tuesday as the metal bounces back from the significant sell-off seen on Monday. After a
read moreGold Holding Ground Near $1800
The gold market has certainly seen some ups and downs in recent months. Worries over inflation, dollar weakness and uncertainty over central
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