Global Central Banks Slowed Gold Purchases in February - WGC The latest data from the World Gold Council (WGC) showed that the global central banks, barring the Chinese and Russian, slowed their gold purchases in February...
Brexit Blues Taking its Toll on UK Pound - Rabobank Stefan Koopman, Market Economist at Rabobank, notes that the Pound sterling briefly fell to an almost two-year low of 0.81 against the euro. Key Quotes “Also on a tradeweighted basis, the currency hit levels last seen in November 2013...
Gold lost more than 1% as a surge in assets caused by Federal Reserve Chair Janet Yellen's dovish remarks implied higher risk, prodding some investors to capitalize on previous gains...
XAU/USD: Risks for Economic Growth in the USA Yesterday’s speech by the head of the US fed Janet Yellen obviously disappointed market participants, as it indicated that chances of the interest rate increase in the USA in April are low...
Gold Hits Fresh Monthly Lows on Rising Fed Hike Bets Gold futures on Comex reversed a brief relief rally and resumed the recent downward trajectory as the US dollar continued to remain on a firm footing in a quiet Asian session. Gold drops to test $ 1210 Currently, gold sinks -0.89% to 1212...
Gold Recovers Losses, but Hawkish Fed Speak Caps Gains Gold managed to recovery losses, but is having a hard time turning positive on the day as Fed’s Bullard joined “rate hike could happen sooner” bandwagon. Hovers around $1220/Oz Prices recovered from the one-month low of $1212...
Gold Drops Near $1220 Ahead Of Durable Goods Gold futures continued to turn lower Thursday morning as a stronger U.S. dollar hurt most commodities. Traders will be keeping an eye on a flurry of US economic data in hopes of clarity on whether the Federal Reserve will soon raise interest rates...
Gold Recovers From Fresh One-Month Low Set in Asia Gold prices clocked a fresh one-month low of $1214.73 in Asia before trimming losses to trade around $1219/Oz levels with investors eyeing key data releases in the US...
Gold drops below hourly 100-MA Gold prices failed to sustain above 10-DMA and fell below hourly 100-MA level of 1247.84 levels despite drop in the US treasury yields. Drops to $1240 Prices printed a session low of $1240/Oz in early Europe and now continue to trade around $1242 levels...
Gold Recovers from 5-DMA Support Gold found support at 5-DMA level of $1247.87, but remains weak on the day around $1252.45 levels amid minor recovery in the USD index and moderate gains in the US stocks. Is Gold unimpressed by dovish Fed...
Gold Jumps Near $1270 As Fed Turns Skittish Gold prices surged Thursday morning after yesterday's surprisingly dovish Federal Reserve statement. Nervous about the global economy, the Fed predicted two rate hikes in 2016 instead of four...
Gold Trades Comatose in Asia as Investors Await Fed Gold traded on a flat note as investors consider the possibility of Fed indicating a possibility of rate hike this year...
Gold Sits Near 2-Week Lows Around $ 1230, Fed in focus Gold futures on Comex extend the sell-off for the third consecutive day this Tuesday, and hovers near the lowest levels since March 2, as all eyes remain on the upcoming central banks’’ events globally...
Gold: Weaker Heading into the FOMC Week Gold futures on Comex is seen making minor recovery attempts so far this session, kicking-off the week on a bearish note as the bulls remains cautious ahead of the key FOMC decision. Gold back above $ 1250 Currently, gold trades -0.20% to 1256...
Gold: Bulls Unstoppable, $ 1280 Back on Sight Gold futures on Comex prolong their upwards trajectory into fifth-day today on no Fed rate-hike chatter next week and on robust fund inflows. Gold bounces-off a dip near hourly 50-SMA Currently, gold rises 0.76% to 1273...
Gold Holds 13-Month Highs Gold futures were flat Monday morning, holding strong recent gains ahead of what is expected to be a quiet week in most major markets...
Gold Specs Added to Longs and Trimmed Shorts - TDS Research Team at TDS, lists down the CFTC Commitment of Traders Report for the Week Ending March 1st, 2016...
Content courtesy of Tallinex Limited (https://www.tallinex.com) GOLD (XAUUSD) Dominant bias: Bullish Gold has been moving upwards since the beginning of this year - the first 7 trading days of February being especially significant. Price topped at 1263...
Gold Falls Back to Monthly 100-MA Ahead of Non-Farm Payrolls Report Investors are scaling back their positions in Gold ahead of the US non-farm payrolls release, pushing the metal back to around monthly 100-MA at $1263 levels...
