Browsing Category

Silver

US-Iran Fears Send Gold Soaring

Gold The yellow metal has had a strong start to the first week of 2020. Prices broke out above the 1522.75 level for the first time since September 2019. The move came on the back of a slide lower in both USD and US equities in response…

Metals Hold Up Despite Trade Deal

Gold Its been an unusually quiet week for gold prices following the large move over the prior week in response to news of the US-China trade deal. With the two sides agreeing on the phase-one trade deal, risk sentiment has been much…

Metals Reverse on Trade Deal Reports

Gold The yellow metal was initially higher over the week on continuing market jitters ahead of a potential US-China trade deal. This combined with a weakened US dollar to help lift price. Into the middle of the week, traders still had…

Gold & Silver Fall on Trade Deal Hopes

Gold The yellow metal has been lower over the course of this week’s trading as better risk sentiment has seen diminished safe-haven flows. Gold prices have been trending lower for a few weeks now as expectations of a US/China trade deal…

Trade Jitters Boosting Gold & Silver

Gold The yellow metal has been able to post a small recovery this week on the back of a softening in risk appetite. This has seen equities markets retracing from recent highs. Traders were a little dismayed earlier in the week as…

US Rate Cut Boosts Gold & Silver

Gold 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…

Fed Rate Cut Expectations Boost Metals

Gold 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…