WTI price moves little as trading activity remains subdued before the Christmas holiday.Oil prices received some support after recent data indicated that the US economy remained strong heading into the
Gold price edges higher on Tuesday, albeit lacking strong follow-through buyingGeopolitical tensions and trade war fears lend support to the safe-haven XAU/USDThe Fed’s hawkish shift acts as a tailwind for
Gold price attracts some haven flows amid the post-FOMC sell-off in the equity markets. The Fed’s hawkish outlook continues to lift the US bond yields and caps the XAU/USD. Traders
WTI price declines to near $69.70 in Wednesday’s early Asian sessionChinese economic data stoked concerns about demand, weighing on the WTI price US crude inventories fell by about 4.7M barrels last
Gold price clings to the previous rebound above $2,650 ahead of US Retail Sales data.The US Dollar stays defensive with Treasury bond yields despite hopes of a hawkish Fed in
Gold price enters a bearish consolidation phase near a one-week trough touched on Monday.Geopolitical tensions, softer US bond yields and USD offer some support to the XAU/USD.Bets for a less
The gold price maintains its intraday gains, but it lacks bullish conviction in the face of elevated US bond yieldsA portion of Thursday’s retracement decline is reversed as a result