Gold

Gold is unique for its durability (it doesn’t rust or corrode), malleability, and ability to conduct both heat and electricity. It has some industrial applications in dentistry and electronics, but we know it principally as a base for jewelry and as a form of currency.

Gold drops on profit-taking, traders await US PCE release

Gold price declines in Friday’s early European session.  Profit-taking and a firmer US Dollar undermine the Gold price, but rising…

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Gold Holds Close to Five-Week High

Gold hovered around $3,410 per ounce on Friday, near its highest level in over a month, and is on track…

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Gold tumbles amid profit-taking, US GDP data in focus

Gold price edges lower in Thursday’s early European session. Worries over the Fed’s independence might limit the downside for the…

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Gold Dips, Eyes on PCE Data

Gold dipped to around $3,380 per ounce on Thursday, but hovering close to a two-week high as investors awaited fresh…

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Gold loses momentum on US Dollar rebound

Gold price drifts lower in Wednesday’s Asian session.  Worries over the Fed’s independence might support the Gold price. Traders await…

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Gold attracts some buyers to near two-week high amid concerns over Fed’s independence

Gold price gains ground in Tuesday’s early European session. Concerns over Fed’s independence and potential US Fed rate cut support…

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Gold Rises to 2-Week High

Gold prices rose above $3,370 per ounce on Tuesday, reaching its highest level in two weeks amid heightened political uncertainty…

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Gold declines on renewed US Dollar demand, Powell’s dovish signal might cap its downside

Gold price edges lower in Monday’s early European session.  Fed rate cut hopes and rising Russia-Ukraine tensions could lift the…

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Gold attracts some sellers on US Dollar strength

Gold price faces some selling pressure in Monday’s Asian session.  Fed rate cut hopes and rising Russia-Ukraine tensions could lift…

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Gold keeps the red as USD strength persists ahead of Powell’s address

Gold drifts lower for the second straight day as reduced Fed rate cut bets underpin the USD. The cautious market…

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