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Gold
Gold to Hit $1,800 Mark as Inflation-Hedge Assets Gains Appeal: TD Strategists Declare
Jul 01 2020 @ 02:07
Gold remains range-bound around the $1,770 level for the better part of the European session and even now as we approach the close of the session. Meanwhile, strategists at TD Securities have opined that the yellow metal will likely surpass the $1,800 mark as inflation-hedge assets gain popularity. According to the strategists, gold is on […]
Favorable Conditions Surrounding Gold Could Send It to $1,765 in the Near-Term
Jun 18 2020 @ 09:47
Gold (XAU/USD) remains in a consolidation range around $1,724-30 as we head into the early hours of the European session. The yellow metal has recovered well from an intraday low on the back of fresh US-China tensions. Apart from the US-China disagreements, fears over a second wave of the Covid-19 outbreak are heavily influencing the […]
Gold soars 36% in 12 months as panicked world seeks safe havens
May 21 2020 @ 10:48
The extraordinary 12-month gold-price bull run shows no sign of ending. Despite predictions of a bubble set to burst, the yellow metal has risen by 36% during the past 12 months. There was a slight slip this morning as the price lost 1.23% in early trading to stand at $1,735.25 an ounce. But the pattern of recent […]
AngloGold Ashanti reports 231 per cent increase in cash flow despite production loss
May 11 2020 @ 12:40
Global gold mining company AngloGold Ashanti has reported an improved first-quarter cash flow from operating activities as key mines delivered solid performances, despite it losing 11,000 ounces of production due to coronavirus affecting its operations. With operations in Brazil, Argentina and South Africa coming to a halt, total production fell to 716,000 ounces in the […]
How much will Brexit impact commodities in the UK and Europe?
Mar 11 2020 @ 12:27
Commodity trading is the oldest form of trading there is. It has been around for centuries, and it is rooted in agricultural trading, such as the buying, selling and exchanging of grain and animals. Other commodities include precious metals or natural resources such as silver, copper, cotton and aluminium. Those wanting to invest in commodities […]
Gold Prices at my Target, Watch This Level For the Next Bull-Leg
Feb 24 2020 @ 04:40
Gold prices have had a terrific week, and from the weekly low, the price was at one point up by 70.46 dollars per contract. Since the summer of 2019, I have been bullish, and I said back then that the price could reach $1700 following the triggering of a large inverse head and shoulders pattern. […]
Gold Is Trapped In A Narrowing Price Band Lacking In Directional Bias
Feb 16 2020 @ 13:30
XAUUSD Price Analysis – February 14 Gold did not have a strong directional inclination and traded in a limited exchanging band around the $ 1,575 level during the early European session on Friday. The blend of separating powers couldn’t give any new catalyst or support the valuable metal to build up a positive shift of […]
XAUUSD Bulls Attempt A Run At The 1575 Level Barrier
Feb 07 2020 @ 21:34
XAUUSD Price Analysis – February 7 The increasing tension in the Coronavirus crisis could push gold upward, trying to reach the $ 1,575 level. The yellow metal strengthened despite stock market growth following the publication of economic data that exceeded expectations. However, the mood for assets at risk improved significantly as fears of coronavirus eased […]
Gold Stays Constricted In A Restricted Trading Range Around $1550 Level
Jan 10 2020 @ 20:03
XAUUSD Price Analysis – January 10 Gold rose in price in response to the grim release of NFP in the US, although it lacked a strong follow-up from buyers and stayed within the trading range of the previous session. Over the past 24 hours, the yellow metal has been trading in a limited trading range […]
It's Gap Galore Around Middle East Tensions | Gold, SPX, WTI
Jan 06 2020 @ 03:53
Middle East tensions continued to flare over the weekend, resulting in some impressive gaps to further underscore the risk-off start to 2020. In response to the US airstrike which killed two senior pro-Iranian officials, the Iraqi parliament voted to dispel foreign troops, in a move which would make US presence in Iraq an occupation (an invasion). There […]
