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...
An acute risk of a widespread deleveraging event – TDS
Gold does not hedge against deleveraging or liquidity dynamics. Theres an acute risk of a widespread deleveraging event that could counterintuitively weigh on Gold prices. Markets suspect that recent selling activity has still been limited...
Gold demand in India expected to be 750 tonnes in 2024 on th
Demand for gold in India, which was down 5% annually to 149.7 tonnes during the April-June quarter (Q2, CY24) is expected to recover strongly in the second half of the calendar year. The duty cut announced in last weeks annual budget is lik...
Gold beats Nifty 50 in the first half; will the shine last?
Domestic spot gold prices rose nearly 14 per cent in the first half of the current calendar year, while the equity benchmark Nifty 50 rose nearly 11 per cent. The first half of 2024 (H1CY24) has been fairly positive for both gold and equiti...
Litepips Introduces AI-Driven Trading for Gold on MT4
Litepips new trading system is designed to provide traders with a sophisticated tool that employs a comprehensive analysis of market impulses and trends. By integrating technical and mathematical evaluations, the platform can execute precis...