Gold price slips as US Dollar ignores Fed rate cut
Gold declines as Trumps win reduces political risk; focus on potential inflationary policies. US Dollar recovery pressures Bullion despite lower Treasury yields. Powell signals gradual rate adjustments, leaving Feds future path open amid ec...
Gold price slides back below $2,700 mark amid modest USD str
Gold price met with a fresh supply and eroded a part of the overnight recovery gains. The Trump trade optimism revives the USD demand and weighs on the precious metal. Retreating US bond yields and bets for additional Fed rate cuts could he...
Gold steadies after three percent decline on Trump victory
Gold finds a floor on Thursday after experiencing a 3.0% fall on Wednesday following the news of Donald Trumps victory in the presidential race. A stronger US Dollar, capital pivoting into riskier assets, and potential unwinding of geopolit...
Gold is the new bitcoin – TDS
Gold is trading like bitcoin now, but a comprehensive flows-based approach doesnt corroborate the last leg of this rally, TDS Senior Commodity Strategist Daniel Ghali notes. Downside momentum likely to accelerate below $2580 The momentum br...
Gold rises amid US election uncertainty, lower US Treasury y
Gold gains as investors seek refuge amid election-related uncertainty and global tension. US Treasury yields steady; rising real yields slightly cap Golds advance. Analysts warn prolonged election result could further boost Gold prices in t...
Temporary increase in demand for Gold in India due to festiv
Gold demand in India rose last week due to the festivals of Dhanteras (29 October) and Diwali (31 October), Commerzbanks commodity analyst Carsten Fritsch notes. Gold demand weakens again However, due to the record high prices, the increase...