Gold Prices Remain Steady Awaiting Central Bank
The prices of gold remained firm on the trading day of Tuesday, July 30, 2019,…
Gold
Gold Prices Remain Steady Ahead of the FOMC Meeting
Gold prices barely moved on Monday, July 29, 2019, as investors wait for clues on…
Gold Prices Consolidate Ahead of Central Bank Week
With several central bank meetings this week, the markets are poised to show some volatility. The Fed meeting will be the important one as the US bank is largely expected to complete their tightening cycle by cutting rates on Wednesday.
Gold Gains on Weak Financial Markets and Middle East Tensions
Gold prices recovered from a major drop in the previous session and increased slightly on…
Gold Prices Fell as the Dollar Rises
The prices of gold suffered a minor decline on July 9, 2019 as the U.S….
Gold Price Drop Below $1400 as Trade Truce Optimism Dominates
The price of gold is seen declining in the early week after news over the weekend of a trade truce between the US and China.
Gold Prices Pull Back on Not so Dovish Fed Rhetoric
A set of Fed speeches triggered a bounce in the dollar yesterday and a bit of selling pressure in gold.
Next Area of Resistance for Gold: $1486
Gold prices are set to print a sixth consecutive weekly gain. The next area of resistance to watch out for falls at $1486.
Is the Fed Behind the Curve?
The futures markets have been aggressively pricing in rate cuts but the Fed has only signaled for 30 basis points in cuts next year… so far.
Gold Prices Soar Higher Overnight on Dovish Fed
The Fed meeting on Wednesday provided the catalyst gold needed to make a significant break that sees the yellow metal trading at levels not seen in around half a decade.