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Tag: gold

Sideways XAU/USD, unable to break above $1,935

Sideways XAU/USD, unable to break above $1,935 Sideways XAU/USD, unable to break above ,935

Gold is trading in negative territory, showing less volatility. XAU/USD unable to assert itself above $1,930, with support at $1,915. The gold is falling modestly on Thursday, the last day of March, after failing to break above $1,935. In Asian hours, XAU/USD extended lows to $1918, then bounced back. It is trading around $1925. The […]

Gains for gold after three days of losses

Gains for gold after three days of losses Gains for gold after three days of losses

Gold traded higher on Wednesday, after three declining sessions, as yesterday’s optimism for a diplomatic solution to the Ukraine war today gave way again to skepticism, reaffirming support for “safe havens” such as precious metal. The reason is the “ice” that today put in the hopes for progress in the talks between the two sides […]

XAU/USD gains momentum and heads higher

XAU/USD gains momentum and heads higher XAU/USD gains momentum and heads higher

Rebound in the price of gold that began on Tuesday continues apace. XAU/USD breaks above $1,925 and enables further rallies. Falling yields and dollar weakness contribute to gold’s rise. Commodities are rising on Wednesday and gold is no exception. The precious metal is up 0.70% and trading at two-day highs above $1,930. After the start […]

XAU/USD extends recovery from two-month lows, upside looks limited

XAU/USD extends recovery from two-month lows, upside looks limited XAU/USD extends recovery from two-month lows, upside looks limited

Gold gains some positive traction on Wednesday, although it lacks continuation buying. The dollar weakens near a one-week low amid a pullback in US bond yields. Hopes for peace in Ukraine continue to support risk appetite and should cap gold price gains. The price of Gold (XAU/USD) Extends Strong Rebound the previous day from the […]

Forex Today – Asian Session: Dollar Slumps With New Hopes

Forex Today – Asian Session: Dollar Slumps With New Hopes Forex Today – Asian Session: Dollar Slumps With New Hopes

What you should know on Wednesday, March 30: The dollar tumbled along with other safe-haven assets amid renewed hopes for a diplomatic solution to the conflict between Russia and Ukraine. Risk appetite increased following headlines indicating a reduction in Russian attacks around Kyiv and Chernihiv, Russian mediator Vladimir Medinsky announced. Ukraine has suggested a new […]

XAU/USD volatile, bounces off monthly lows at $1,890, back above $1,910

XAU/USD volatile, bounces off monthly lows at $1,890, back above $1,910 XAU/USD volatile, bounces off monthly lows at ,890, back above ,910

Gold drops to $1,890 and then bounces back over $20. Volatility will remain high amid news from Ukraine and sharp moves in the Treasury market. Bearish bias prevails for XUA/USD, further losses seen on consolidation below $1,900. The XAU gold is having another volatile session on Tuesday. The price fell sharply to $1,890 after positive […]

XAU/USD trims losses after falling to one-month lows at $1890

XAU/USD trims losses after falling to one-month lows at $1890 XAU/USD trims losses after falling to one-month lows at 90

Gold plunges then bounces on advance in talks. Optimism weighs on metals, drop in yields offers metal support. High volatility is expected to persist in markets, including gold. Gold fell to $1,890, the lowest level since February 25, after reports indicated progress in talks between Russia and Ukraine. Positive expectations generated an extension in the […]

XAU/USD Hits Nearly Two-Week Lows Below $1,910

XAU/USD Hits Nearly Two-Week Lows Below $1,910 Sideways XAU/USD, unable to break above ,935

Gold pullback puts $1910 support at risk. The bearish tone continues to dominate given the rise in Treasury bond yields. The mixed dollar, DXY falls after four days with increases. Gold is falling for the second day in a row on Tuesday continuing the move that started on Friday, from levels above $1960. XAU/USD in […]

Forex Today – Asian Session: Global turmoil benefits the dollar

Forex Today – Asian Session: Global turmoil benefits the dollar Forex Today – Asian Session: Global turmoil benefits the dollar

What you should know on Tuesday, March 29: The market mood was sour, helping the US dollar end the day with gains against most major rivals. The initial catalyst came from the Bank of Japan. The central bank announced that it would buy an unlimited amount of 10-year JGBs at 0.25% in a bid to […]

Second consecutive falling session for gold

Second consecutive falling session for gold Second consecutive falling session for gold

The price of gold fell slightly for the second consecutive session, as the signs of some convergence points between Moscow and Kyiv have strengthened the risk-taking mood of investors. In particular, the April contract of gold completed its trades with a small drop of 0.7% or 14.4 dollars and fell to 1,939.8 ounces. It is […]