Tag: precious metal
Gold Technical Analysis: The focus turns to the Fed as US-China drama ends
Fundamental Overview After the big selloff, gold got stuck in a consolidation since last Tuesday despite a more hawkish than expected Fed Chair Powell. It might be a sign of…
Read More »Gold Price Forecast: XAU/USD climbs to near $3,450 amid Israel-Iran conflict
The Gold price (XAU/USD) attracts some buyers to near $3,445 during the early Asian session on Monday. The precious metal rises to over a one-month high due to escalating Middle East…
Read More »Gold ends week higher despite Powell’s pushback, trade uncertainty lingers
Gold prices are set to end the week on a positive note, up by over 2.79% as the precious metal enjoyed a $90 US Dollar rally due to the latter…
Read More »ICYMI – China’s life insurers could unleash powerful new gold demand
TD Securities notes that the Shanghai Gold Exchange has admitted four major Chinese life insurance companies as members under a new pilot program, potentially paving the way for a significant…
Read More »Gold (XAU/USD) – Recent Sell-off May Open Up Opportunities
Gold is trading back around the $2,400/oz. level after posting a fresh multi-decade high earlier this week. The backdrop for the precious metal still remains positive.
Read More »May 12: Starlink crushes $6 Billion Revenue, Solar Storm lights up world, Coffee prices explode (Recap ep277)
In today’s Recap, Marcello talks about Elon Musk’s Starlink, the satellite internet venture, that has stunned analysts with a projected revenue surge to $6.6 billion by 2024, showcasing its meteoric…
Read More »Gold Q2 Fundamental Forecast: In Neutral Waters – Neither Bullish nor Bearish
This article provides an in-depth analysis of the fundamental outlook for gold prices in the second quarter, examining critical market themes and key drivers that could play a pivotal role…
Read More »Gold Price Jumps Hurdles Ahead of Fed and Despite a USD Rally. Higher XAU/USD?
The gold price steadied to start the week after climbing to a five-month peak last Friday. The precious metal has overcome higher Treasury yields and a solid US Dollar.
Read More »Market Update – October 19 – Stock markets pressured, as bond yields rise
Stock markets have remained underwater through the Asian part of the session, and European as well as US futures are in the red, as markets eye developments in the Middle…
Read More »Market Update – October 12 – The key US Inflation
Stock markets moved higher across Asia, with the Hang Seng outperforming again as tech stocks strengthen. China stimulus hopes are also helping, and the CSI300 lifted 0.9%. The JPN225 bounced…
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