Jul 2, 2023

Here's why gold price is above $1,900 despite two looming rate hikes

Here's why gold price is above $1,900 despite two looming rate hikes: Here's why gold price is above $1,900 despite two looming rate hikes After testing $1,900 an ounce, gold has come out on top, saving itself from a more significant selloff if prices dropped below this...

Mar 22, 2023

Gold prices decline after reaching $2000 yesterday as banking fears ease

Gold prices decline after reaching $2000 yesterday as banking fears ease: Gold prices decline after reaching $2000 yesterday as banking fears ease Yesterday gold futures surged to the highest value of 2023, however after trading to a high of $2014 gold basis is most active ...

Dec 11, 2022

Hawkish Fed surprise could knock down gold price next week

Hawkish Fed surprise could knock down gold price next week: Hawkish Fed surprise could knock down gold price next week Even though gold is looking to end the week above $1,800 an ounce, there is a high chance for a move lower as the Federal Reserve can still s...

Aug 15, 2022

Stronger dollar set for weekly loss as traders adjust rate hike bets

Stronger dollar set for weekly loss as traders adjust rate hike bets: Stronger dollar set for weekly loss as traders adjust rate hike bets The dollar rallied on Friday but was set for a weekly drop as traders weighed improving U.S. inflation data against comments from F...

May 5, 2022

Gold sees modest rally following mildly dovish FOMC statement

Gold sees modest rally following mildly dovish FOMC statement: Gold sees modest rally following mildly dovish FOMC statement Gold prices are steady to firmer in early afternoon U.S. dealings Wednesday, supported by the conclusion of the U.S. central bank meeting ...

Jan 23, 2022

Is Fed about to make a mistake? Here's what gold is saying

Is Fed about to make a mistake? Here's what gold is saying: Is Fed about to make a mistake? Here's what gold is saying Gold and silver hit two-mon...

Oct 13, 2021

Gold price sees double-digit jump as IMF cuts global growth outlook, cites 'dangerous divergence in economic prospects'

Gold price sees double-digit jump as IMF cuts global growth outlook, cites 'dangerous divergence in economic prospects': Gold price sees double-digit jump as IMF cuts global growth outlook, cites 'dangerous divergence in economic prospects' The International Monetary Fund trimmed its global growth forecast, citing risin...