Gold remains under pressure on rising Treasury yields. XAU/USD quickly erases the bounce to $1946 and approaches $1930. Gold is falling on Monday and validates losses, after the rebound from lows in days, lost steam before reaching $1950. Yields soar, XAU under pressure Therise in the US 10-year bond rate, which climbed to 2.55%, the […]
Tag: gold
XAU/USD drops to multi-day lows below $1,930
-637840527352936784.png "XAU/USD drops to multi-day lows below ,930")
Gold witnesses strong selling on Monday and reverses recent gains to a near two-week high. Hopes for a diplomatic solution to end the war in Ukraine weigh on safe haven XAU/USD. Aggressive expectations from the Fed, rising US bond yields and a stronger dollar add to the intraday selling bias. The Gold was met with […]
Fall on Friday, but gains of 1.3% per week for gold
Gold traded lower on Friday, but the precious metal ended the week with significant gains, with investors turning their attention to the war in Ukraine and the increasingly aggressive rhetoric of the Federal Reserve. “The danger is that the Russia-Ukraine war will develop [σε 3ο Παγκόσμιο Πόλεμο] “It is limited at the moment and the […]
XAU/USD hovers between $1,945 and $1,965 poised for solid weekly gains despite rising yields
Gold saw two-way volatility on Friday and is currently trading sideways at the $1,950 zone. Gold prices are forecast to end the week more than 2.0% higher despite a sharp rise in US yields. Geopolitical/inflationary risk premiums keep the precious metal propped up and Russia-Ukraine peace talks show no signs of progress. Gold prices (XAU/USD) […]
XAU/USD extends rally, how high can it go?
The price of gold resumes its advance amid growing tensions in Eastern Europe. Mixed US data had no impact on the bright metal as the focus remains on sentiment. XAU/USD is breaking out of solid static resistance around $1960 with a short-term bullish stance.$ The price of gold rallied after the open on Wall Street […]
Gold closed at two weeks high – Nickel at limit up (+ 15%)
Gold closed at its highest level since March 11 as the United States announced new sanctions against Russia for its invasion of Ukraine and investors watched the increasingly hawkish monetary policy statements of the Federal Reserve, which show will to raise interest rates. “Yellow metal prices have clearly moved higher, as investment risk aversion remains […]
Bullish breakout hints at further gains
The price of gold resumes its advance amid growing tensions in Eastern Europe. Mixed US data had no impact on the bright metal as the focus remains on sentiment. XAU/USD is breaking out of solid static resistance around $1,960 with a short-term bullish stance. the price of gold It continues to advance and is trading […]
G7 and EU countries will prevent Moscow from using its gold reserves
LAST UPDATE: 16:21 The G7 countries and the European Union will impose sanctions on any transaction involving Russia’s gold reserves to prevent Moscow from circumventing Russia’s financial isolation, the White House said. “It is clear that any transaction involving gold in connection with Russia’s central bank is covered by the sanctions,” the White House said […]
XAU/SD Hits One-Week Highs Above $1,950
Gold hits one-week highs above $1,950 on Thursday, the focus remains on geopolitical risk. Now the focus shifts to whether XAU/USD can follow the rally towards $2,000, ahead of the US Fed and PMI speeches. The prices of Gold (XAU/USD) have made new highs for more than a week above the $1,950 level, despite a […]
Britain: Pressure may mount on Putin’s gold reserves
Britain and its Western allies will increase economic pressure on Russia to see if more can be done to prevent Russian President Vladimir Putin from gaining access to gold reserves, British Prime Minister Boris Johnson said today. Western sanctions have froze much of the Russian Central Bank’s $ 640 billion’s resources, excluded some banks from […]