Gold gets lift as media revives debate over Fed rate cuts
Gold is hitting record highs on Friday as markets debate anew whether the Fed will cut by 50 or 25 basis points in September. The revival of the possibility of a jumbo 0.50% cut fuels another rally in Gold. Golds broad uptrend resumes altho...
Gold price slips as US inflation fuels small Fed rate cut
Gold retreats from a daily high of $2,529 after US inflation data boosts odds of a 25 bps Fed rate cut. Rising US Treasury yields and a stronger US Dollar weigh on the non-yielding metal with the 10-year T-note climbing to 3.655%. CME FedWa...
Gold cycles up towards all-time-highs
Gold trades close to its $2,531 all-time-high amid expectations of the Fed cutting interest rates and a weak US Dollar. The size of the Feds cut at its September meeting will impact Gold. US CPI data on Wednesday could influence the Feds de...
Gold: A break below $2,490 could catalyze selling spree – T
WhileGoldcontinues to hover near all-time highs, price action is actually weakening uptrend signals strength, and thereby lowering the bar for CTA trend followers to liquidate their length, TDS Senior Commodity Strategist Daniel Ghali notes...
CTAs are on the bid in precious metals, Gold positioning rem
The cross-section of overnight precious metals returns is directly correlated to expectations for algorithmic buying activity for this session, TDS Senior Commodity Strategist Daniel Ghali notes. Shanghai traders are selling Gold positions...
Gold retreats from near record high as Fed rate cut speculat
Gold tumbles after failing to break $2,531 resistance, closing at $2,493 as Fed rate cut speculation intensifies. US Nonfarm Payrolls missed estimates, but improved figures and rising hourly earnings fueled uncertainty over a 25 or 50 bps c...