Iron Ore

Gold The Yellow metal was down again over trading this week as a resurgent US Dollar weighed on price. Gold is now posting its second bearish week as a spate of recent data strength in the US has fuelled an uptick in demand. The sell-off…

Gold Following an impressive run over recent weeks, gold prices retreated this week as the US Dollar rebounded from initial lows. Despite a heavy tone to the week initially, the USD was buoyed by the release of the 2018 4Q GDP on Thursday.…

Gold The yellow metals conceded some of its recent gains this week, falling back despite a renewal in concerns around the health of the ongoing trade talks between the US and China. President Trump announced this week that he will not…

Gold The yellow metal posted a mildly bullish week with recent momentum hampered by selling kicking in, as the US Dollar strengthened. Despite the delay in data due to the ongoing US shutdown, readings have been largely positive, and USD…

Gold Gold prices have been slightly softer this week due mainly to a rebound in the US Dollar. Despite heavily delayed US news flow, due to the ongoing US government shutdown (now the longest in history), USD has managed to claim higher…

Australia's trade balance data is one of the five monthly events that routinely pushes the currency, but lately, it has been developing into the trendsetter. Data for the month of December is expected to be released at 19:30 EST (or 01:30…

Gold The yellow metal had another bumper session this week, trading up to levels not seen since mid-2018, as the US Dollar weakened further. Despite the Fed having raised rates for a fourth time in 2018 at its last meeting in December,…

Gold The yellow metal surged higher this week, despite initial weakness in response to the latest US interest rate increase. Following the initial reaction to the decision, the US Dollar softened as the market digested the lower revision…

Gold After breaking out above the 1235 resistance level last week which has capped price over the past six months, gold prices retreated lower this week as the US Dollar pushed back up toward recent highs. US Dollar has come back into…

Gold The yellow metal rallied this week, benefiting from weakness in the US Dollar to trade back to its highest levels since Q1 of the year. The weakness in the US Dollar was seen in response to Fed chairman Powell comments at the Economic…