Browsing Tag

metals wrap

Gold Rallies on Weak USD

Gold The yellow metal enjoyed another positive session this week. Gold extended the shallow recovery from last week as the US Dollar continued its sell-off. The greenback was shunted lower this week in response to the latest inflation data… Read More

Weekly Metals Wrap

Gold The yellow metal saw volatile trading this week. After initially trading up to its highest level since April 2018, gold prices then catapulted back lower. This came following the release of the FOMC meeting minutes which saw traders… Read More

Weekly Metals Wrap

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… Read More

Weekly Metals Wrap

Gold The yellow metal posted a third consecutive winning week as softness in the US Dollar kept price supported. USD has been left reeling in the wake of last week’s comments by Fed chairman Powell where Powell said the Fed will be… Read More