Gold (XAU/USD) climbed modestly in the early European session and was last spotted trading at $1812. The yellow metal found strong support at the $1800 psychological line yesterday, which appears to be stalling any further decline for the commodity. Meanwhile, sustained weakness surrounding the US dollar (DXY) has also extended some support to the dollar-denominated […]
Gold (XAU/USD) traded on a directionless bias through the early trading hours on Monday and was last spotted trading close to the $1870 level. The yellow metal has managed to stall any further declines despite its apparent bearish undertone thanks to the strong selling bias surrounding the US dollar. The greenback came under heavy selling […]
Kwakukho uluvo oluxubeneyo malunga nomngcipheko we-coronavirus, njengoko iimarike zibukele ubhubhane kunye norhwebo lwesitokhwe ngokungathi lilizwe le-post-covid. Ngokuphathelele i-euro, uninzi lorhwebo lwenzeka ngedola, kodwa umgaqo-nkqubo waseYurophu unokuphinda ubonakalise ingxaki kwimali enye. Ngelixa idola yaseMelika ithe yatyibilika kwi […]
Gold (XAU/USD) failed to make use of its intraday bounce to the $1885 area and is now struggling to remain above the $1870 level in the European session. The prevailing market worries about the economic fallout due to the implementation of renewed COVID-19 restrictions in several states across the US has left the US dollar […]
Gold (XAU/USD) traded on a positive note though the early European session and renewed its daily high above $1900. However, just a few minutes ago, it got reported that Moderna’s (NASDAQ: MRNA) COVID-19 vaccine candidate has yielded a 94.5% effectivity in preventing the Coronavirus disease, which caused the safe-haven asset to plunge dramatically. Meanwhile, before […]
Gold (XAU/USD) has erased most of its gains from Monday’s trading session and was last spotted hovering above the $1876 support. It appears that the yellow metal has found mild demand at the $1876 support and is being supported by a combination of factors. The frenzied market reaction to the positive development surrounding a COVID-19 […]
Idola lizama ukuzinza emva kokubuyisela kwi-rally enamandla kwi-US Treasury isivuno, ekwaqinisekiswa ngokuhla okubukhali kwamaxabiso egolide. Uphuhliso lugcina igolide kwindlela yokulungisa ukusuka kwi-2075.18. Oko kukuthi, ikhefu elingaphantsi kwenkxaso kwi-1848.39 ngoku ibuyele emehlweni. Ubuncinci, uphuhliso […]
Gold (XAU/USD) traded on a sideways momentum in the early European session on Monday and was last spotted trading around the $1960 area. The US dollar (DXY) remained in a depressed tone following the official announcement of Joe Biden as the President-elect of the suspense-filled US Presidential election. A weaker USD was cited as one […]
Igolide (i-XAU / i-USD) ithengise i-bias bias kwiseshoni yokuqala yokurhweba yaseYurophu ngoLwesithathu, njengemibhobho yexabiso ukuya kwi-1876 yeedola kwakhona. I-gooish bounce kwidola yaseMelika (DXY) yathathwa njengeyona nto ibangela uxinzelelo kwixabiso ledola. Iziphumo zonyulo lwakwangoko ezivela e-US zibonise ukuba ugqatso lwe […]
