The yellow metal has been firmly lower this week as a resurgent US dollar has taken the shine out of gold demand.
Earlier in the week, the USD saw renewed buying as the latest ISM Non-Manufacturing reading showed a recovery in the… Read More
The yellow metal is ending the week firmly in the green, as of writing.
Weakness in USD has created further demand for gold. Prices had been subdued earlier in the week due to improved risk sentiment in response to encouraging… Read More
The yellow metal has been higher again this week. Gold posted its second consecutive positive week as of writing.
The main driver behind the move is the expectation that the Fed will cut rates again when it meets next week. Since… Read More
The yellow metal has been higher over the week as a combination of factors has seen renewed demand for it. This has helped gold recover from recent losses to trade back up above the 1500 mark.
The key driver over the week has been… Read More
The yellow metal ended the week lower as a resurgent US dollar weighed on price.
Gold had initially been stronger in the week thanks to concerns over President Trump facing impeachment weighing on risk sentiment. Speaker of the… Read More
Gold prices were initially down for a fourth consecutive week this week as improved risk appetite across the week dampened demand for the yellow metal. However, a weaker US dollar over the course of the week’s trading helped stem the… Read More
Despite some two way action, gold prices are ending the week in the red, as of writing. Earlier in the week, gold prices were weighed down by a firm recover in risk sentiment. It had improved in response to better relations between the US… Read More
Both gold and silver are continuing to soar this week. Today's losses are owed partially to profit-taking, and partially to headlines that the US and China are going to meet for further talks in October.
Safe-haven demand for precious… Read More