metals

Gold Gold prices have been broadly higher over the week with price advancing further off the 1700 handle. However, the market gave back some of those gains on Thursday following the March FOMC meeting on Wednesday. The Fed struck a…

Gold Gold prices have been higher across the week, benefitting from the pullback in the greenback. Following the rally over the prior week, the dollar declined as inflation data came in below expectations. While headline CPI for…

Gold It's been a fairly uneventful week for gold traders. The market drifted gradually lower, but failed to find any real momentum. The resilience of the US dollar is having a dampening impact on gold, with traders keeping the greenback…

Gold The yellow metal surged higher over the last 24 hours in response to the swearing-in of the 46th president of the United States, Joe Biden. With Biden’s inauguration comes the expectation of a big shift in US policy towards more…

Gold Despite some initial highs seen earlier in the week, buying pressure has reversed in the yellow metal for the week. This caused the safe-haven to go negative on the week following a large sell-off on Wednesday. The sales seen…

Gold The yellow metal broke out to new 2020 highs this week as swelling concerns around the prospect of a second wave drove safe-haven inflows. The rally in gold this week comes despite fairly resilient moves in equities markets, which…

Gold The gold market has seen better buying this week, leading to a breakout to fresh 2020 highs, amidst a weakening in risk appetite. Concerns this week regarding the prospect of a fresh outbreak of COVID-19 have weighed on risk…

Gold Gold prices have moved lower with little conviction over a week of rather subdued action. The main story this week has been the resilience in risk assets. Equities and commodities prices recovered from losses suffered last week on…

Gold Gold prices have ended the week higher as the US dollar extended its bearish move in response to the latest message from the Fed. Speaking at the June FOMC meeting, Fed Chairman Powell delivered a stark warning to traders.…