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Precious Metals

Weekly Metals Wrap

Gold The correlation between the US Dollar and gold broke down this week with the yellow metal posting its third consecutive weekly gain despite the rally in USD. Much of this dynamic is explained through the continued slide in equity… Read More

Weekly Metals Wrap

Gold The yellow metal was able to post a minor recovery this week, fuelled by a rise in safe haven demand seen in response to equity market weakness. The US Dollar fell lower this week, despite supportive commentary from Fed officials… Read More

Weekly Metals Wrap

Gold Gold prices were shunted lower this week as the US Dollar surged to fresh highs in response to the September FOMC and latest US data. At its September meeting, the Fed raised rates by a further 0.25% as expected while revising higher… Read More

Weekly Metals Wrap

Gold With the US Dollar having weakened over the course of the week, gold prices were able to post a small recovery, rallying up off last week’s lows to close green on the week. Gauging the USD reaction to the latest trade war headlines… Read More