Share: Investors face fresh uncertainties. Heightened geopolitical risks underline the merits of diversification, economists at UBS report. Oil and Gold assets will also be supported by market fundamentals Gold closed at a one-month high of $1,981 an ounce on 20 October, and is up around 8.7% over the past two weeks. Brent rose
GOLD, XAU/USD, US Dollar, 10-Year Treasury Yield, Ackman, Gross, BTC – Talking Points Gold has struggled despite a softening in the US Dollar Treasury yields might have peaked if the big guns are to be believed If gold can’t rally on a weaker USD, will it mean revert? Recommended by Daniel McCarthy Get Your Free
Gold (XAU/USD) Analysis, Prices, and Charts US bond yields hit fresh multi-year highs. Gold readying for another shot at $2k. Learn How to Trade Gold with our Free Guide Recommended by Nick Cawley How to Trade Gold DailyFX Economic Calendar The precious metal made an attempt to break $2,000/oz. late Friday but was unable to
China to hold its financial conference focused on economy, debt risks Goldman Sachs says FX outflows from China in September hit US$75 bln, biggest since 2016 Australian PM Albanese confirms he will meet with Communist Party Chair Xi in China in Nov Chinese police raided the Shanghai offices of a London-based firm, detained an executive
Gold, XAU/USD, US Dollar, Treasury Yields, iShares High Yield ETF, GVZ Index – Talking Points The gold price has backed away from the psychological US$ 2,000 mark While robust Treasury yields remain, US companies are facing a debt squeeze Implied and historical volatility is on the rise. Will XAU/USD break higher? Recommended by Daniel McCarthy
Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast Global equity markets fell sharply in the week on escalating tensions in the Middle East and the surging US Treasury yields after the US Federal Reserve Chair Jerome Powell left open the door for further tightening. The MSCI All Country World index dropped 2.4%,
The price of gold last Friday moved up to test its 100/200-day moving average (blue and green lines on the chart below). Sellers leaned against those levels and the price on Monday/Tuesday tried to keep a lid at those moving averages. However, on Wednesday, the price broke higher and it’s been trending to the upside
Share: Gold price extends upside as Israel prepares to attack Hamas group. Fed Chair Powell supported neutral interest rates amid higher US bond yields. 10-year US Treasury yields jump above 4.9% amid unsustainable Congress budget deficits. Gold price (XAU/USD) rose sharply as Middle East tensions kept escalating and the Federal Reserve (Fed) Chair
Share: XAU/USD trades at $1971.15, marking a 1.24% gain. Fed Chair Jerome Powell’s comments at the Economic Club of New York led to expectations of no further rate hikes by the Fed. Powell states that policy is restrictive and emphasizes the need for careful policy setting. Gold price (XAU/USD) extended its gains to