Significantly lower Swiss Gold exports to India – Commerzba
The record high price level is having a dampening effect on demand for Gold in Asia, as shown by data on Switzerlands Gold exports for September published yesterday by the Swiss Federal Customs Authority, Commerzbank commodity analyst Carst...
Gold price surges as US yields drop, eyes $2,700 mark
XAU/USD climbs as falling US Treasury yields boost demand for non-yielding assets. Traders anticipate rate cuts from major central banks as inflation cools with the ECB expected to act on October 17. Geopolitical uncertainty and upcoming US...
Gold breaks to new high as interest rates set to fall global
Gold touches a new all-time high above the previous September 26 high. The precious metal is helped by lower interest rate projections globally as inflation ducks. XAU/USD confirms its uptrending bias but risks pull back before extension. G...
Gold closes in on $2,685 record high
Gold rallies ever closer to its previous all-time high at $2,685. A decline in manufacturing activity in the state of New York triggered the latest bout of buying. A break above would signal a new all-time high and an extension of the domin...
Gold recovers as broader uptrend resumes
Gold is rising as bulls push the price higher again following a temporary consolidation. The yellow metal weakened initially on Tuesday after the news that Israel will show restraint when it strikes Iran. Gold faces a headwind from a contin...
Gold holds gains on China saber-rattling, stimulus expectati
Gold rises on haven demand after Chinese military drills in the strait of Taiwan create an international incident. Chinas fiscal stimulus also supports Gold as the country is the largest market for the yellow metal. Technically, XAU/USD rea...