A softer tone around the USD helps gold gain some traction on Monday. Speculation of further easing by the Fed benefits the yellow metal even more. The prevailing sentiment of risk appetite appears to be the only factor limiting the big gains. The gold has returned a portion of its initial earnings to the highest […]
Tag: NOTE
XAU / USD Stable Near $ 1,950 After Fed Decision
Gold is stable at seven-week highs at $ 1,950 following the Fed’s decision. The Federal Reserve keeps rates unchanged and is committed to an accommodative policy Gold futures they are stable at seven-week highs at $ 1,950 after the Federal Reserve published its monetary policy decision. The yellow metal rallied on Thursday amid strong appetite […]
XAU / USD jumps to $ 1,950 for the first time since mid-September
Gold has the best day in months, up 3%. The US dollar falls as Wall Street rises before the FOMC, NFP, but looking at the elections. Driven by a fall in the US dollar across the board, the XAU / USD jumped to $ 1,952, reaching the highest level since September 21. It then fell […]
XAU / USD recovers to 3-week highs, looking for a move above the $ 1,930-32 offer zone
The strongly offered tone surrounding the USD helped gold gain strong traction on Thursday. Technical buying above the $ 1,920 resistance provided additional momentum to the precious metal. Investors look forward to the FOMC’s policy decision in search of significant business opportunities. The gold It continued to gain height during the early North American session […]
Gold rises to new two-week highs near $ 1,920 level
The prevailing selling bias in the USD helps gold regain positive traction on Thursday. Optimistic market sentiment could limit the rise before the FOMC monetary policy update. The gold has moved higher during the European session on Thursday and has risen to fresh two-week highs, around the $ 1,919 region in the last hour. Following […]
XAU / USD moves sideways around $ 1,900 pending US election result
The XAU / USD remains sideways around $ 1,900 amid the uncertainty of the US elections. Gold’s upward attempts fail as hopes for an American stimulus fade. Gold futures They moved back and forth between $ 1,880 and $ 1,910 on Wednesday, before consolidating near $ 1,900 with all eyes on the latest developments in […]
XAU / USD regains initial lost ground, flat around $ 1,908-10
A new USD sell bias helped gold regain traction and move above $ 1,900. The latest update showed that Trump’s lead has shrunk in Michigan and has hit the dollar. A modest rally in equity markets could undermine capitalization gains and safe-haven gold. The gold managed to regain ground initially lost in the $ 1,882-81 […]
XAU / USD remains vulnerable near $ 1,890 level amid resurgent USD demand
A sharp pickup in demand for the US dollar triggers new sales in gold on Wednesday. The political uncertainty in the United States forces investors to hedge their positions and benefits the USD. The gold It has seen fresh selling at the start of the European session on Wednesday and could now head towards the […]
Gold recovers after plummeting to $ 1,880 as US election uncertainty grows.
Gold falls $ 35 from two-week highs and returns to the $ 1900 zone. Volatility in the markets, but no clear direction given the start of the vote count in key states. Gold fell as low as $ 1880, after having been trading at the highest level since October 22 at $ 1915. The price […]
Gold stabilizes near $ 1,910 while risk rally remains intact
XAU / USD is rising for the third day in a row on Tuesday. The major Wall Street indices are posting impressive gains. The USD is struggling to find demand as the focus shifts to the US elections. The pair XAU / USD it gained nearly 1% on Monday and continued to rise Tuesday with […]
