Gold prices rose above the $1800 level, during trading on Friday, ahead of Federal Reserve Chairman Jerome Powell's comments. The yellow metal also benefited from the hawkish comments of the President of the US Central Bank in Dallas, Robert Kaplan,…
Continue ReadingDespite the recent volatility, Gold's prognosis is brighter than ever. The future could be just as good as gold. Many investors have been drawn in by the recent price movement of the precious metal. Following two flash crashes, could the…
Continue ReadingGold steady after high volatility in starting of the week Commodities in focus this week After a wild start to the week, Xauusd (Gold) has found support. Trading in the early Asian session on Monday and shattering the crucial support…
Continue ReadingEuropean Forex news roundup: The dollar remains pretty stable, but oil continues to fall. Forex market news for the European trade session on August 9, 2021 For the most part, the dollar remained steady in European morning trade, while major…
Continue ReadingGold fails to hold its July high Even though rates fell another 3 basis points today, the $1834 resistance level and some mild US dollar purchasing signaled difficulties for gold today. Technically, that's a basic setup,…
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