Gold strengthens as Russia changes nuclear doctrine
Gold price recovers further to nearly $2,635 on the fresh escalation in the war between Russia and Ukraine. Vladimir Putin has signed a decree to update the countrys nuclear doctrine. Fed officials refrain from forecasting the impact of Tru...
Gold Price Forecast: XAU/USD recovers above $2,550
The Gold price attracts some buyers to around $2,570 in Mondays early Asian session. Traders wind back expectations for a Fed rate cut in December, weighing on the yellow metal. Geopolitical risks could boost the Gold price, a traditional s...
Gold marks sixth-day of losses on Powell’s slightly hawkish
Gold price dips below $2,570 head for an over 4% weekly decline. Jerome Powell indicates the Fed is cautious about cutting rates despite positive US economic indicators. Investors adjust expectations for a December rate cut, with likelihood...
Gold: Strong US dollar causes losses – Commerzbank
There are times when the development of the US Dollar (USD) is of secondary importance for commodity prices denominated in dollars, and there are times when the US dollar is the driving force, Commerzbanks commodity analyst Barbara Lambrech...
Gold stabilizes after bouncing off 100-day moving average
Gold bounces off technical support aided by the US Dollar, which peaks and rolls over. The precious metal faces headwinds from the outlook for US interest rates and Trumponomics. The US economy is in remarkably good shape, according to Fed...
Gold falls 7.0% in November so far
Gold trades substantially lower due to pressure from US political factors. It has weakened nearly 7.0% in November so far as a result of Donald Trump and the Republicans political gains. XAU/USD breaks through a major trendline and declines...