# XAUUSD

#XAUUSD

Gold

Gold lower despite Trump tax plan worries

Precious metals traded in the red on Thursday with gold edging down, mostly led by decreasing global geopolitical risks. However, market watchers remained concerned regarding the US President Donald Trump’s tax plan...
Gold

XAU/USD – Gold Moves Close to $1300 as North Korean Crisis Continues

Gold has posted gains on Tuesday, erasing most of the losses which marked the Monday session. In North American trade, gold is trading at $1289.78 per ounce. On the release front, US...
Gold

Gold, silver hit five-month highs

Gold and silver traded at five-month highs on Wednesday as worries over geopolitical tensions boosted safe haven demand. Investors were attracted to less risky assets as concerns loomed over US military action...

Gold becomes more attractive

It seems almost surreal that another war might be on the horizon for the United states, but that could be very much be the case in the near future. Markets are responding...

Gold catches traders eyes

Markets have been very interesting as of late, and one the most interesting movers in the market thus far has been gold. The hedge of risk is once again taken a major...

Gold’s Consolidation Phase Poised to Continue

Gold is fast approaching a critical resistance level which could mean we have a few torrid weeks ahead of us. Specifically, on the one hand, the metal’s underlying bullish sentiment remains...
Gold

Gold Prices Aren’t Behaving in Practice as They Should in Theory

The Federal Reserve’s decision to raise interest rates on December 14 should have been the death bell for gold, a commodity that is highly sensitive to monetary policy. But something very...

Gold below $1,250 on Fed rate hike hints

Precious metals traded in the red on Wednesday as investors grew more confident of another US Federal Reserve interest rate hike later in the year. The US dollar strengthened and stocks rose...

Gold Prices Look to Fed Commentary for Direction Cues

Gold prices continued to rise as front-end US Treasury yields declined, touching the lowest level in a month. Not surprisingly, this bolstered the relative appeal of non-interest-bearing assets including the yellow metal....
Gold

Gold Pullback Could Be Temporary

The precious metal is under pressure but not for long as the fundamentals are still supporting the upward bias. SPDR gold trust ETF holding has dropped further yesterday from 834 metric tons...

Gold Prices Could Have a Rough Few Weeks Ahead

Despite a slowing rate of decline, gold could have further downsides on offer moving ahead. Specifically, the shift in the metal’s technical bias should see it back at around the 1180.00...
Gold

Gold bears continue to dominate

Gold continues to be right in the cross hairs of the bears in the market, as US economic data continues to show a large amount of hope and as Trumps 1...
Gold

Gold extends losses; All eyes on US jobs report

The dollar remains relatively strong, posting gains against most major counterparts with the exception of the euro which was helped in the aftermath of yesterday’s ECB meeting and subsequent press conference...
Gold

Gold enters into bearish trend; SGX proposes lunch break

US equity indices continued to consolidate last night as the market tried to price in a 96% chance of a rate hike in March. Traders might want to strike the right balance...

Gold Prices Pull Back Toward February Low On Fed Hopes

Crude oil prices remain trapped in the consolidation of 2017 that followed the dramatic rise over the majority of 2016 after falling as low as $26/bbl in February. On Monday, the fundamentals of...
Gold

Is it Time for Gold to Resume its Rally?

Sentiment should be returning to the gold markets this week as the metal looks as though it’s ready to begin tracking higher once more. Specifically, we seem to have reached another turning...
Gold

Gold Prices Narrowly Avoid Breakdown As Fed Rate Hike Bets Swell

Gold prices rebounded from session lows put in amid the return of the “Trump trade” as the PCE gauge of US inflation – the Fed’s favored price growth measure – undershot expectations. The on-year rate registered at 1.9...

Is Gold Facing a Reversal Back Towards $1200?

Gold has seen a resurgence over the past few months as the metal has seemingly rallied from the December $1122.75 low as it clawed its way back above the key $1200...
Gold

Gold at 3-month highs on softer dollar after Mnuchin comments

Gold consolidated gains at a 3-month high as the US dollar was on track to end the week with losses. The greenback touched a 2-week low against the yen on Thursday...

Gold higher on weaker Dollar

Precious metals traded in the green on Thursday as the dollar declined from its one-month high after a series of positive economic data releases in the United States yesterday. Gold traded higher, continuing...
Gold

Gold under pressure as dollar firms on Trump tax pledge; China trade surplus widens

The strength of the dollar followed through from yesterday’s US session on President Donald Trump’s tax pledge. Meanwhile, upbeat trade data out of China showed signs of stability in the world’s...

January Gold Rush: Bullion Rallies to Ten-Week Highs on Falling Dollar, Trump Rhetoric

After a stellar month of January, gold prices surged to two-and-a-half month highs last week, as a tumbling U.S. dollar and geopolitical risks boosted demand for haven commodities. Spot gold (XAU/USD) settled...
Gold

Gold Gains Could Continue, Eyes Remains on Trump

Gold has been one of the big winners of the past few weeks and, much to the enjoyment of the gold bulls out there, its resurgence could be only partially complete....
Gold

Rising political worries sends gold to two month highs

European markets got off to a poor start to the week yesterday, slipping to seven week lows, with investors once again reluctant to try their luck against a backdrop of rising...

Market turmoil boosts gold prices

Britain’s referendum and their vote to leave the European Union, together with the United States elections which led to the victory of now president Donald Trump, pushed investors towards investing in...
Gold

Dollar weakness continues to support Gold

Gold continues the upward trend on Thursday, rising over $1,220 for the first time since November, as the United States dollar fell close to its 11-month low. The greenback started losing steam following...

Gold Presents some Downside Risk Moving Ahead

Selling pressure could return to the gold market with a vengeance this week as the next leg of a corrective wave takes place. If we do have an ABCD wave in...
Gold

Gold gains on lower US yields, softer US dollar

Gold has traded higher over 14 of the 16 last sessions. The precious metal extended gains to $1213 in Asia. Trend and momentum indicators are supportive of further upside correction. The...

Gold rises to 7-week high

Gold has has soared to a 7-week high continuing its steady streak of increase after US President-elect Donald Trump gave his remarks during his first official press conference yesterday. The lack of fiscal...

Gold soars as dollar falls

Gold soared on Thursday hitting $1,178.74, its highest level since December 7 when it stood at $1,180.30 per ounce. Other precious metals also recorded significant gains as the dollar index slid off its...

LATEST

ECB to Reduce QE- Euro Vulnerable to Dovish Draghi

Mario Draghi
The European Central Bank (ECB) is widely expected to retain the zero-interest rate policy (ZIRP) as it...

EUR: Trading The ECB – Views From Major Banks

Mario Draghi
The following are brief expectations for the ECB April meeting statement as compiled from the related research reports of 7 major...

Dollar holds gains; Canadian dollar, Mexican peso surge on NAFTA relief

Canadian Dollar
The dollar only held its gains against the Japanese yen on Thursday after U.S. President Donald Trump's...

French stocks hit nine-month high as earnings power European shares

DAX
French blue chips hit a fresh 9-year high on Wednesday, helped by a surge in the shares...

Gold lower despite Trump tax plan worries

Gold
Precious metals traded in the red on Thursday with gold edging down, mostly led by decreasing global...
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