Gold prices approach the psychologically imposing 1,800 level as Treasury yields and the US Dollar move lower with markets beginning to capitulate to a possible transitory inflation theme. Read more: dailyfx.com
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Gold prices retreated from an eight-week high as India reported a record daily increase of Covid-19 cases, dampening the outlook for demand. US jobless claims fell to a fresh pandemic low. Read more: dailyfx.com
Read More »Gold and crude oil prices may fall into the weekend if a higher-than-expected US PPI report follows similaroutcomes from China. Markets saw cautious risk aversion during Asia trade. Read more: dailyfx.com
Read More »Crude oil prices were weighed by a surging US Dollar amid concerns about Europe’s vaccine campaign, while gold prices were underpinned by falling real yields. Fed Chair Powell downplayed inflation … Read more: dailyfx.com
Read More »Gold prices are susceptible to another pullback after bouncing from a nine-month low on Tuesday. Resurgence in longer-term Treasury yields and the US Dollar may weigh on bullion. Read more: dailyfx.com
Read More »Gold prices bounced off a key support level after the passing of a major US stimulus package. Crude oil prices surged to a fresh 12-month high as Saudi Arabia’s oil facility was attacked. Read more:…
Read More »Gold prices continue to move lower despite rising inflation bets. Investors have been friendlier towards silver over the same period, however. Why is there a disconnect? Read more: dailyfx.com
Read More »Gold prices extended lower as the US Dollar gained alongside Treasury yields. Crude oil prices retreated from a 12-month high despite output disruptions in Texas as a cold blast swept the region. Read more: dailyfx.com
Read More »Crude oil and gold prices are at the mercy of risk trends following the worst day on Wall Street in about 3 months. Will fourth-quarter US GDP data bring back calm into the markets? Read…
Read More »Gold and crude oil prices retreated slightly ahead of a busy week: the FOMC meeting, US 4Q GDP and core PCE inflation data may lead to heightened volatility in commodity prices. Read more: dailyfx.com
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