Tag: yellow metal
Gold Price Forecast: US Dollar, Treasury Yields Diverge and Drive Trend
Gold prices may trade range-bound as XAU/USD echoes the divergence between Treasury yields and the US Dollar. What could be a downside risk for the yellow metal?
Read More »Gold Price News and Forecast: XAU/USD prices bounce off $1,945.20
Gold picks up the bids near $1,950 during the pre-Tokyo open Asian trading on Friday. The yellow metal recently took a U-turn from $1,945.20 despite …
Read More »Gold, a beneficiary of low interest rates, may struggle if inflation rises – Citi
Gold, a zero-yielding safe haven, is a beneficiary of the low interest rate environment and the rally in the yellow metal may stall or run out of stea
Read More »Gold Market Update: XAU/USD braces for another stellar weeek
Gold had a stellar Friday after a slow trading activity during the week. The yellow metal gained over 1.5% in a single day, while August Comex gold fu
Read More »Gold Price Forecast: XAU/USD below key ascending channel, downward target at 1,720
Gold lost some ground against the dollar on Friday. Before the retracement, the yellow metal had made a majestic step above the key hurdle at 1,740. E
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