Tag: Yellow metal

Finance Tech, Liquidity

Gold hits record high – could it soar higher next year?

December 5, 2023

Via: MoneyWeek

Gold has hit a new all-time high, thanks to a weakening US dollar and expectations that interest rates will be cut next year. The yellow metal reached a record high on 4 December) at the start of Asian trading, touching […]

Finance Tech, Liquidity

Gold Prices Remain Vulnerable Amid Hawkish Fedspeak and Further Hike Odds

February 17, 2023

Via: DailyFX

Gold prices were little changed by the end of Thursday’s trading session, but the yellow metal extend its recent losing streak during Friday’s Asia-Pacific trading session. The anti-fiat yellow metal is now on course to sink over 2 percent this […]

Finance Tech, Liquidity

Gold Price Outlook Now Turns to CPI Data as XAU/USD Flirts With Wedge Breakout

December 13, 2022

Via: DailyFX

Gold prices fell 0.94% on Monday, the worst single-day performance in one week. A closer at the past 24 hours shows that XAU/USD succumbed to a combination of a rising US Dollar and Treasury yields. The anti-fiat yellow metal can […]

Finance Tech, Liquidity

Gold Price Outlook Looks Grim as the Weekend Nears, Eyes on Fed’s Williams and Evans

October 21, 2022

Via: DailyFX

Gold prices were lead a wild ride on Thursday as the yellow metal evaporated all its intraday gains to wrap up the trading session. Once again, XAU/USD succumbed to rising Treasury yields and a turnaround in the US Dollar. The […]

Finance Tech, Liquidity

Gold Price Forecast: Gold Threatens Larger Break, 1854 Support in Sight

May 9, 2022

Via: DailyFX

Gold prices started off the week with another aggressive sell-off. Last Monday marked the May open for Gold and the yellow metal slid down for a fresh two-month-low before finding some support at prior resistance, taken from the swing at […]

Finance Tech, Liquidity

Gold Price Outlook: Fed Hiking Cycle Impact on Gold

December 29, 2021

Via: DailyFX

In a year where inflation has hit over three-decade highs, gold has struggled throughout much of the year, with the yellow metal down over 4% YTD. This comes amid sticky and not so transitory inflation pressures forcing the Federal Reserve […]

Finance Tech, Trading

Gold prices on track for seventh straight decline

March 5, 2019

Via: Market Watch

Gold futures headed lower again on Tuesday, setting the bruised market up for a seventh straight loss as its latest tumble has already marked the longest streak of daily declines in about two years. “The key reason for gold price […]