Tuesday, April 30, 2024

Gold Futures Tumble Below $2,300 as Traders Brace for Fed's Hawkish Pivot

Gold Futures Tumble Below $2,300 as Traders Brace for Fed's Hawkish Pivot: Gold Futures Tumble Below $2,300 as Traders Brace for Fed's Hawkish Pivot Gold Futures Tumble Below $2,300 as Traders Brace for Fed's Hawkish Pivot teaser image Gold futures prices plummeted on Tuesda...

Wednesday, November 29, 2023

Gold, silver posting modest gains amid bullish technicals

Gold, silver posting modest gains amid bullish technicals: Gold, silver posting modest gains amid bullish technicals Gold and silver prices are firmer near midday Wednesday. February gold futures hit a six-month high overnight, while March silver notched a th...

Friday, August 25, 2023

Powell leans hawkish, as expected; markets show no significant reactions

Powell leans hawkish, as expected; markets show no significant reactions: Powell leans hawkish, as expected; markets show no significant reactions The highly anticipated speech by Federal Reserve Chairman Jerome Powel at the annual Jackson Hole, Wyoming Fed symposium has so...

Saturday, May 13, 2023

Gold price troubled by U.S. dollar's moves as Fed's rate expectations diverge

Gold price troubled by U.S. dollar's moves as Fed's rate expectations diverge: Gold price troubled by U.S. dollar's moves as Fed's rate expectations diverge After hitting a high of $2,055 an ounce this week, a move higher in the U.S. dollar weighed on the gold market, forcing th...

Sunday, February 5, 2023

Gold's massive $50 daily drop is just a 'speed bump' in the 2023 outlook but be aware of more profit-taking next week - analysts

Gold's massive $50 daily drop is just a 'speed bump' in the 2023 outlook but be aware of more profit-taking next week - analysts: Gold's massive $50 daily drop is just a 'speed bump' in the 2023 outlook but be aware of more profit-taking next week - analysts The gold market saw significant losses Friday as the precious metal dro...

Monday, October 10, 2022

Strong USDX, rising U.S. Treasury yields, stingy Fed punish gold, silver prices

Strong USDX, rising U.S. Treasury yields, stingy Fed punish gold, silver prices: Strong USDX, rising U.S. Treasury yields, stingy Fed punish gold, silver prices Gold and silver prices are sharply lower near midday Monday. The safe-haven metals are being hit hard by a higher U.S. d...

Wednesday, June 22, 2022

Gold holds above key support, and the tug-of-war continues

Gold holds above key support, and the tug-of-war continues: Gold holds above key support, and the tug-of-war continues Whether you describe the underlying cause of recent changes in financial assets as a tug-of-war, double-edged sword, or battle of opposing fo...