Yield and Dollar Dynamics Despite a slight decrease in U.S. Treasury yields, the price of gold has not been able to gain traction. The recent rebound of the dollar, coupled with a...
Gold prices remained steady at $2038/oz ahead of US Personal Consumption Expenditures (PCE) data, with expectations of a monthly loss due to a strong dollar and high Treasury yields. The market is...
Gold (XAU/USD) is currently trading in a narrow range as traders await the release of fresh US inflation data - Core PCE. This data is expected to provide clues on when the...
Gold prices in India experienced an increase on Thursday, as reported by India's Multi Commodity Exchange (MCX). The price of gold reached 62,095 Indian Rupees (INR) per 10 grams, rising by INR...
In the Asian trading session on Thursday, the gold price (XAU/USD) saw a slight uptick to $2035. This increase comes as no surprise given the current market conditions and geopolitical unrest. Gold...
Gold prices are receiving support from a softer risk tone and a slight decline in the US Dollar. However, the upside is limited due to the Federal Reserve's expectation of higher interest...
The current state of the gold market is showing signs of struggle as the price of gold remains stagnant below the $2,050 an-ounce threshold. Despite a pause in US economic data, the...
Strategists at Commerzbank, a German banking giant, have adjusted their gold price outlook for 2024 slightly downward to $2,100 from their previous estimate of $2,150. This revision comes amidst shifting expectations surrounding...
MarsBars Gold mining stocks, as represented by the VanEck Gold Miners ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ), have been facing challenges recently, with a nearly 20% decline over the...
