Monetary policy
Gold prices receives support from a survey suggesting more purchases by central banks
Gold prices continue to extend gains following an impressive 27% gain, marking the strongest annual performance since 2010.The precious metal Gold receives support as the US Dollar Index retreats from
Gold prices rise on weaker dollar, geopolitical tensions on holiday week
As markets resumed trading after the Christmas holiday, gold prices rose in Asian trade on Thursday thanks to a slightly weaker dollar. However, investors remained cautious following the U.S. Federal
Gold price sticks to positive bias amid pre-holiday subdued trading action
Gold price edges higher on Tuesday, albeit lacking strong follow-through buying.Geopolitical tensions and trade war fears lend support to the safe-haven XAU/USD.The Fed’s hawkish shift acts as a tailwind for
Gold price sticks to positive bias amid pre-holiday subdued trading action
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
WTI posts modest gains to near $69.50 as US crude stocks fall
WTI trades with mild gains near $69.50 in Thursday’s Asian session.A cautionary tone by the Fed and Chinese sluggish demand concerns undermine the WTI price.US crude oil stocks fell less
Gold price struggles to build on recovery gains amid rising US bond yields
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
Gold extends losses on higher US yields and a strong Dollar
Gold fails at $2,665 and resumes its near-term bearish trend as the US Dollar picks up.Investors’ concerns about a “hawkish cut” by the Fed on Wednesday are buoying US Treasury
XAU/USD Forecast: Gold price struggle to sustain key level $2,650 extends losses ahead of US Retail Sales data
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