Browsing Category

Silver

Safe Haven Flows Boost Gold

Gold 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…

Is Gold At A Major Turning Point?

Gold 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…

USD Sell-Off Reverses Gold Losses

Gold 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…

Trade Hopes Weigh on Gold

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…

Precious Metals Soar On Poor Data

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…

Silver Explodes on China Trade Hopes

Gold Following an initial break higher on the week, gold prices reversed lower to the end the week in the red. Gold this week has largely been moving along with the changes in US-China relations. We kicked off the week with China …

Metals Stall Against USD Strength

Gold It was a lackluster week for the yellow metal this week. Sellers stepped in to take price lower from the 1522.75 level.  Gold was weighed on over the week by the rise in USD which was lifted by the July FOMC minutes. The release was…