Gold 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 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,…
Continue ReadingIt was a slow-paced session, with broader markets remaining stable. In the last two days, equities have risen slightly, but Treasury yields have also risen. 10-year rates have risen somewhat but remain just below 1.30 % for the time being.…
Continue ReadingGold prices fell during Thursday's trading, with economic data expected to monitor inflationary pressures, in addition to the strength of the US dollar near its highest level in 11 months. This came as investors received various signals from Federal Reserve…
Continue ReadingGold prices rebounded today, Wednesday, after the decline of yesterday's session. The dollar index fell from a two-month peak against its rivals; Which lowers the cost of gold to holders of other currencies. A White House official said that testimony…
Continue Reading
