Tag - commodity

Gold reaches 2-week maximums
Gold reaches 2-week maximums

The yellow metal is currently at an inflection point due to the fact that market participants are mulling over what's bigger to the financial market, an everlasting US-China trade clash, which could potentially knock bullion off its $1,300 perch or…

Gold declines on dismal US data
Gold declines on dismal US data

On Thursday, gold inched down and then recovered because downbeat American economic data compensated optimism over trade negotiations between America and China…

Gold inches down
Gold inches down

On Monday, gold went down in Asia due to the fact that the evergreen buck managed to ascend…

Gold is intact
Gold is intact

The postponed US-China summit as well as weaker estimates for the EU are playing into a decelerating global surge narrative, which could potentially brighten gold bugs' expectations…

Gold heads south ahead of Fed Chair’s remarks
Gold heads south ahead of Fed Chair’s remarks

On Wednesday, gold dived due to the fact that traders looked ahead to remarks from Fed Chair Jerome Powell for further clues about the outlook for US monetary policy for the near future…

Yellow metal tops $1,300
Yellow metal tops $1,300

On Friday, gold futures managed to shot up above $1,300 an ounce, thus finding themselves on track for a weekly leap because the evergreen buck rebounded and market participants closely watched geopolitical turmoil as well as global surge fears…

Gold dives on a firmer greenback
Gold dives on a firmer greenback

On Thursday, the yellow metal concluded down, with the number one precious commodity’s short-term prospects linked to a strengthening greenback, although traders closely watch the impact of the partial shutdown of the American cabinet as well as…

Gold futures stand still
Gold futures stand still

On Wednesday, gold was nearly intact in Asia notwithstanding an uptick in uncertainty surrounding the China-US trade negotiations…

Gold goes down to 2019 minimum
Gold goes down to 2019 minimum

On Monday, gold headed south to its lowest value of the year due to the fact that investor appetite for risk was still firm notwithstanding data disclosing that China's 2018 economic surge speeded down to a near three-decade minimum…

Gold approaches $1,300 once again
Gold approaches $1,300 once again

Britain’s economic and political issues along with a no-confidence vote on Prime Minister Theresa May following her unsuccessful Brexit deal vote gave gold traders a hope of getting back to maximums of above $1,300 an ounce…

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