Gold

Gold prices were seen giving back the gains from earlier on Monday. Price action slipped to lows of 1854.90 before recovering slightly higher. The volatility in gold comes following the news of the new stimulus bill that was widely…
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Gold prices have bumped up higher on Monday's open. The gains come amid a modest risk-off sentiment in the market. Gold prices, alongside the US dollar, are currently gaining ground. The precious metal, having already firmly…
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The precious metal is breaking out from its recent range following the conclusion of the FOMC meeting on Wednesday. Price action has been broadly consolidating near the 1850 levels over the past few sessions. However, from late Wednesday…
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Gold The fundamental battle being fought out in the gold market shifted this week. Recently, the optimism around COVID vaccines and the adjoining rally in risk assets had weighed on gold. In turn, this sent prices lower as the equities…
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The precious metal is trading flat as prices pulled back after briefly rising above the 1850 handle. For the moment, the precious metal is hugging the 1850 level of support. As long as this support holds, gold prices have further room to…
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The precious metal is trading over 1% on Tuesday. The gains come amid fresh talks in the US Congress about a new proposed coronavirus stimulus bill. If this bill is passed, this would put an end to the weeks of speculation in the…
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Gold is trading soft with price action comfortably settled above the 1817.80 level for now. As long as this level holds, the precious metal could continue to hold on to its sideways range. The upside threshold is seen near the 1850…
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The precious metal continues to trade flat for the second consecutive session. As a result, price action is trading within a tight band of the 1850 and the 1825 levels in the near term. The Stochastics oscillator remains biased to the…
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Gold Gold prices have been lower over the week following a strong sell-off on Wednesday. The market shed 2.4% in response to the move higher in the dollar midweek. The risk sentiment backdrop has generally remained against gold this…
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