The prices of gold remained firm on the trading day of Tuesday, July 30, 2019,…
Gold prices barely moved on Monday, July 29, 2019, as investors wait for clues on…
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 prices recovered from a major drop in the previous session and increased slightly on…
The prices of gold suffered a minor decline on July 9, 2019 as the U.S….
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.
A set of Fed speeches triggered a bounce in the dollar yesterday and a bit of selling pressure in gold.
Gold prices are set to print a sixth consecutive weekly gain. The next area of resistance to watch out for falls at $1486.
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.
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.