Tag - commodity

Gold surges a bit
Gold surges a bit

On Tuesday, gold managed to gain a bit due to the fact that the first dive in factory gate inflation for four months backed the argument that the major US bank should suspend monetary policy tightening and traders looked ahead to a bunch of remarks from…

Gold stands still
Gold stands still

On Thursday, gold was intact due to the fact that market participants waited for comments from Fed Chair Jerome Powell in the face of hopes that the head of the US key financial institution is going to reaffirm a pause in the US monetary policy…

Gold heads north, concluding at $1,300
Gold heads north, concluding at $1,300

On Monday, the yellow metal surged, concluding at the psychologically crucial $1,300 level due to the fact that the evergreen buck was impacted by hopes that the key US financial institution would stop its rate-lifting cycle for the year, thus raising…

Gold reaches 6-month maximum
Gold reaches 6-month maximum

The yellow metal’s objective for $1,300 is still intact, although gold bugs don’t seem to hurry to get there, expecting equity markets to dive for the next big move up…

Gold reaches new 6-month maximum
Gold reaches new 6-month maximum

On Wednesday, the yellow metal hit a new six-month maximum because recent risk-off sentiment attracted traders to the safe haven commodity, while American leader held fast in his insistence for border financing to reopen the US cabinet…

Turkish equities slump at close of trade
Turkish equities slump at close of trade

On Tuesday, Turkish equities went down after the settlement due to the fact that losses in the Leasing & Factoring, Wholesale & Retail Trade, and Tourism sectors suppressed the country’s shares…

Gold sinks on day
Gold sinks on day

On Friday, the yellow metal declined, taking a breather having capitalized on the key US bank and worrying the stock markets earlier in the week…

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