Browsing Tag

metals

Fresh 2020 Highs in Gold

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…

Metals Recover Losses, End Week Higher

Gold The yellow metal has had a much quieter week in terms of volatility and has recovered from earlier weakness to end the week in the green. The ongoing coronavirus spread has seen residual safe-haven demand for gold despite equities…

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…