Gold ETFs post net outflows in November – Commerzbank
On Thursday, the World Gold Council (WGC) published data on changes in gold ETFs in November. For the first time since April, there were net outflows again, amounting to 28.6 tons. The vast majority, namely 26 tons, occurred in ETFs listed...
Gold: 2024 is Gold's year – TDS
Golds price performance was exceptionally strong, with scarce historical analogies available for such a strong performance outside of a USD bear market and with a concurrently strong year in equity markets, TDS Senior Commodity Strategist D...
Gold price edges higher as ADP falls shorts of expectations
Gold prices see slight increase, stabilizing at around $2,650 following subpar US ADP employment data. Novembers ADP report shows a hiring slowdown, with only 146,000 jobs added versus the 150,000 expected. Fed officials maintain cautious s...
Gold: Sizable liquidations over the coming week are possible
Precious metalshave remained locked in a tight range, but recent flows have been interesting, TDS Senior Commodity Strategist Daniel Ghali notes. Precious metals remain locked in a tight range Firstly, our advanced positioning analytics sug...
Gold price consolidates in a range around $2,640 area
Gold price lacks a firm direction and is influenced by a combination of diverging forces. Bets for a less dovish Fed underpin the USD and act as a headwind for the XAU/USD. Trade war fears, geopolitical risks and depressed US bond yields le...
Gold price remains heavily offered amid renewed USD buying i
Gold price meets with heavy supply on Monday and snaps a four-day winning streak. Rebounding US bond yields help revive the USD demand and weigh on the commodity. Trade war concerns and geopolitical risks do little to lend support to the XA...