Gold

  • Photo of Gold edges up to at least one-week excessive as US-China trade worries persist

    Gold edges up to at least one-week excessive as US-China trade worries persist

    Gold hit a multiple-week top on May 27 as change tensions between the United States and China lifted urge for food for assets seen as a haven from threat, whilst susceptible US financial statistics boosted hopes for a rate cut from the Federal Reserve. Spot gold inched up zero.1% to $1,285.Fifty six per ounce via 1147 GMT. The metallic touched…

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  • Photo of Gold hits 1-week excessive on simmering US-China change spat

    Gold hits 1-week excessive on simmering US-China change spat

    Gold fees touched a couple of of-week high on Monday as fears of a protracted US-China change conflict hurt threat sentiment, at the same time as terrible financial data from the United States reinforced bets of a US Federal Reserve fee cut. Spot gold edged zero.1 in line with cent better to $1,286.21 in keeping with ounce as of 0714…

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  • Photo of This Week Could Indicate a Key Reversal in Gold

    This Week Could Indicate a Key Reversal in Gold

    Gold’s first-rate gains on Thursday took per week that changed into headed for a decrease near, to last fractionally higher for the week. Gold traded to a low of $1269, that is bucks above the double bottom which passed off in April. It additionally traded to an excessive at precisely $1287 that’s a Fibonacci retracement of .38%. This retracement level…

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  • Photo of Sentiment Speaks: Gold Is In A Precarious Spot

    Sentiment Speaks: Gold Is In A Precarious Spot

    My mom instructed me that if I did no longer have something satisfactory to say, I have to no longer say something at all. Well, this is why you have not heard from me about GLD for quite some time. When I wrote approximately it last, many had been sure it became going to break out again, but I suspected…

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  • Photo of Gold Price Chart: Topside Breakout Mirrors Collapsing Yields

    Gold Price Chart: Topside Breakout Mirrors Collapsing Yields

    XAUUSD caught bid and broke above bearish downtrend resistance Spot gold appears to extend its current strengthen as investor sentiment worsens Gold expenses should climb higher at the side of US Treasuries, however, CNY weak point ought to pose a headwind Gold soared over 1 percentage at some stage in Monday’s buying and selling consultation as markets reacted to the…

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  • Photo of The Great Gold Trap

    The Great Gold Trap

    Precious metals and specifically gold have determined itself in a difficult position each essentially and technically. The yellow metal over the second week of May has been taking advantage of a stalling change settlement between the U.S. And China, therefore, derailing the rally in equities and sparking secure haven shopping for in treasuries and gold. Depending on how long this…

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  • Photo of Chart Posture Quickly Brightens For Gold

    Chart Posture Quickly Brightens For Gold

    Comex gold futures prices today are posting solid profits which have speedy and markedly stepped forward the technical posture in gold, to additionally now advocate a near-term marketplace backside is in the vicinity and that prices can now fashion at the least sideways, of no longer sideways to better, inside the near time period. An almost three-month-vintage downtrend line on…

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  • Photo of Gold Prices Up From Overnight Lows As U.S. Stocks Sharply Down

    Gold Prices Up From Overnight Lows As U.S. Stocks Sharply Down

    Get stuck up in minutes with our rapid summary of ultra-modern should-study news stories and expert opinions that moved the treasured metals and economic markets. Sign up right here! (Kitco News) – Gold expenses are trading close to consistent stages in early-morning U.S. Buying and selling Monday. Prices are close to everyday highs and feature erased modest in a single…

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  • Photo of Gold Sees Good Safe-Haven Demand As U.S. Stock Market Melts Down

    Gold Sees Good Safe-Haven Demand As U.S. Stock Market Melts Down

    Gold fees are protecting stable gains in midday U.S. Buying and selling Monday. Prices are near day by day highs and hit a 4-week excessive above the key $1,300.00 degree on secure-Gold expenses are retaining solid gains in midday U.S. Trading Monday. Prices are near day by day highs and hit a four-week excessive above the key $1,300.00 stage on…

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  • Photo of Trump Tariffs And Retaliation By The Chinese Take Gold Higher

    Trump Tariffs And Retaliation By The Chinese Take Gold Higher

    On Thursday and Friday of remaining week change representatives from both America and China commenced and ended negotiations dismally without conducting any development. If whatever, the connection concerning trade among these two superpowers worsened. Add to that truth that on midnight of final Friday Trump made correct on his hazard and raised tariffs on $two hundred billion really worth of…

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