Gold price trims part of overnight gains amid risk-on mood
Gold price pulls back from the vicinity of the monthly peak retested earlier this Tuesday. Bulls opt to lighten their bets amid a positive risk tone and ahead of the US inflation data. Geopolitical risks and bets for a 50-bps rate cut by th...
Gold rises on geopolitics and Fed rate cut expectations
Gold continues to edge higher as fears of an escalation of the Gaza conflict and falling interest-rate expectations support the metal. US inflation data out this week could color expectations of the trajectory for interest rates. The precio...
Gold price consolidates in a range, bullish potential intact
Gold price lacks firm intraday direction on Monday amid a combination of diverging forces. A positive risk tone caps gains, though geopolitical risks and Fed rate cut bets lend support. Traders also seem reluctant ahead of the key US inflat...
Gold: New record highs – Commerzbank
Following the slump at the beginning of the week, the price of Gold has risen again to almost $2,430 per troy ounce, Commerzbanks commodity strategist Barbara Lambrecht notes. Gold is set to remain in demand The Gold price was unable to ben...
Gold price steadies on firm Fed rate-cut prospects
Golds price hovers near $2,400 as the US Dollar and bond yields correct. The Fed is expected to cut interest rates by more than 100 bps this year. Investors await the US weekly jobless claims data. Golds price (XAU/USD) slightly recovers fr...
Gold: CTAs return to the offer in Gold markets – TDS
Commodity Trading Advisors (CTAs) are finally returning to the offer in Gold markets, TDS senior commodity strategist Daniel Ghali notes. Asia remains on a buyers strike We expect systematic trend followers to shed up to -15% of their max s...