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 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...
Gold trades like the new Bitcoin – TDS
The cards were set well before election night, with evidence overwhelmingly suggesting the melt-up in Gold was underscored by a liquidity vacuum, with the US election being the focal point, TDS Senior Commodity Strategist Daniel Ghali notes...
Gold bounces off major trendline, US inflation data incoming
Gold has found support from a major trendline and paused its short-term downtrend. Gold had been selling off in November amid expectations of interest rates staying elevated in the US. US CPI inflation data for October could impact interest...
Gold falls to major trendline as strong USD weighs
Gold falls to key support from a major trendline for the long-term uptrend at $2,600. A strong US Dollar is reducing the price of Gold, whilst competition from Bitcoin and stocks is also bearish. Expectations for the Federal Reserve slowing...
Gold price remains close to multi-week trough
Gold price drifts lower for the second straight day and is pressured by a combination of factors. The Trump trade optimism continues to underpin the USD and weighs on the precious metal. A positive risk tone also undermines the safe-haven X...