Gold: Stays bid on the day – OCBC
Gold surge pushes on as markets continue to factor in US election risk premium as we inch closer to election day. In the de-centralised betting markets (poly market as a reference), Trump-over-Harris spread continued to widen sharply in fav...
High Gold price slows Gold demand in China – Commerzbank
The Gold price is approaching its all-time high of $2,758 per troy ounce again, Commerzbanks commodity analyst Carsten Fritsch notes, Commerzbanks commodity analyst Carsten Fritsch notes. Near all-time high again There is further evidence t...
Gold falls after report shows decline in Chinese jewelry buy
Gold weakens after the China Gold Association highlights a drop in the consumption of Gold for jewelry. The rising price of Gold is posited as the main reason behind the reduction in demand. XAU/USD remains within the confines of a mini ran...
Gold remains elevated amid renewed Middle East hostilities
US election uncertainty adds to golds appeal, with polls showing a tight race between Trump and Biden in key swing states. Rising US Treasury yields and a rebounding Dollar cap gains, with DXY up 0.29% and limiting further upside for the ye...
Gold trades sideways, underpinned by continued safe-haven fl
Gold trades in a $50 range, below the recent $2,758 record high, as it remains underpinnedby haven flows. Relentless bombing by Israel and increased uncertainty over who will win the US presidential election are driving the flows. XAU/USD f...
Gold is breaking record after record – Commerzbank
On the gold market, the rally could at least lose momentum. This is because the quarterly report on gold demand will probably show that, while investment demand is strong, physical demand is weakening due to high demand, Commerzbanks Commod...