Gold (XAU/USD) is showing strong rebound strength from today’s low of $1,692 and is attempting to scale the $1,710 resistance hurdle while investors are scurrying for safety as the growing Australia and China tensions take center focus. At press time, Spot Gold is trading at $1,708, up 0.6% in the European trading session. Gold has […]
Gold (XAU/USD) has inched higher at the close of the European session on Monday, recovering from a sharp drop after a surprising US employment data. At press time, Spot Gold is trading at $1,699 about 1.7% up from last week’s 3% drop. This drop was the sharpest one-day drop in 9 weeks and it came […]
Gold (XAU/USD) climbed higher in the early European session and is currently trading at the strong $1,700-$1,695 pivot level. The yellow metal has gotten some bullish support from the $1,670 region and is moving back to retest the 50-day moving average resistance. This uptick lacks any fundamental backing and is believed to be mainly as […]
Gold’s safe-haven appeal was renewed yesterday after the weekly US Jobless Claims persisted close to the two million levels, indicating that the economic consequences from the COVID-19 pandemic will not be alleviated easily. US gold for August delivery rose by 1.3% to record $1,724.40/oz on New York’s Comex following the Labor Department’s report that an […]
Gold (XAU/USD) climbed back above the $1,700 psychological line in the early hours of Thursday after suffering a sharp decline to four-week lows. The recovery comes on the heels of the worsening US-China ties. As a retaliation to the suspension of American carriers from re-entering China, the US government has placed a ban on Chinese […]
Ari (XAU/USD) pësoi një rikthim të mprehtë në zonën e kuqe në sesionin e djeshëm evropian, duke arritur në 1,704 dollarë në orët e para të tregtimit të sotëm. Në kohën e shtypit, spoti i arit po tregtohet me 1,724 dollarë, një rënie prej 1% nga niveli i lartë i djeshëm. Ky rikthim u stimulua kryesisht nga rritja e fundit e rrezikut në tregjet globale të aksioneve. Rritja […]
A strong reversal in today’s risk sentiment in the European session gave Gold futures a positive outlook as the markets appeared to be unaffected by the social unrest in the US and placed its focus instead on news that China will continue buying soybeans from the US. As noted by analysts, the only factor that […]
Gold (XAU/USD) took advantage of its recent uptick to record a new one-week high in the early Asian session today. The yellow metal opened the week on a positive (bullish) note and is supported by a collection of factors. The USD suffered a sharp drop due to the pressure coming from widespread protests across the […]
Çmimi i arit (XAU/USD) mbetet i qëndrueshëm mbi nivelet 1,730-35 dollarë, me një nivel të lartë brenda ditës prej 1,744.69 dollarë në seancën aziatike. Shufra e shufrave po përfiton nga ndjenja aktuale e investitorëve ndaj rrezikut ndërsa tensioni përshkallëzohet midis Shteteve të Bashkuara dhe Kinës. Metali i verdhë po përfiton gjithashtu nga protestat në rritje në të gjithë SHBA. Pavarësisht […]
