Gold
Gold is unique for its durability (it doesn’t rust or corrode), malleability, and ability to conduct both heat and electricity. It has some industrial applications in dentistry and electronics, but we know it principally as a base for jewelry and as a form of currency.
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XAU price steadies below $2,700 as traders seem reluctant ahead of US inflation data
Gold price witnessed good two-way price moves amid some repositioning ahead of the US CPI report. Bets for a less…
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Gold steadies near two-week highs on optimism about China
Gold rally maintains its positive momentum intact fuelled by buying from China and safe-haven flows. The US Dollar’s moderate recovery…
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XAU price surrenders major part of intraday gains
Gold price climbs back closer to a two-week high and draws support from a combination of factors. Geopolitical risks continue…
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XAU maintains upward pressure above $2,660, focus on China
The increasing uncertainty in the Middle East and China’s purchases support Gold’s recovery. The US Dollar hesitates as strong US…
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Gold price stands firm near $2,650 hurdle
Gold price ticks higher on Monday amid bets for another Fed rate cut in December. Geopolitical tensions and trade war…
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XAU price stalls intraday recovery as traders await US NFP report for Fed rate cut cues
Gold price stages a goodish recovery from over a one-week low touched earlier this Friday. A softer risk tone, geopolitical…
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Gold price retreats as US yields rise, ahead of Nonfarm Payrolls
Gold price drops amid rising US Treasury yields diminish its appeal amidst uncertain Fed actions. Mixed US jobless claims data…
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XAU price struggles for a firm near-term direction as traders keenly await US NFP report
Gold price extends its consolidative price move amid mixed fundamental cues. Geopolitical risks and trade war fears offer support to…
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XAU price edges higher as ADP falls shorts of expectations
Gold prices see slight increase, stabilizing at around $2,650 following subpar US ADP employment data. November’s ADP report shows a…
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Gold edges higher after Fed speakers talk up Christmas interest-rate cut
Gold pushes higher on Tuesday after some Fed speakers indicated they might be leaning towards possibly cutting interest rates in…
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