Fundamental

Amidst the looming U.S. Federal Reserve policy meeting on January 30-31, the dynamics of written content creation intertwine with the enigmatic concepts of “perplexity” and “burstiness.” The former, a measure of intricacy in textual composition, and the latter, an assessment of the diversity in sentence structures. Notably, human writers artfully wield higher burstiness, seamlessly interweaving …

Gold firms on Middle East flare-up ahead of Fed meeting Read More »

Amidst the convoluted landscape of financial dynamics, the ascendancy of gold eclipsed the $2,020 per ounce threshold on the onset of the week. This resurgence, reclaiming recent setbacks, found its impetus in an escalating geopolitical turmoil in the Middle East, triggering an augmented clamor for the precious metal as a bastion of security. Financial analysts …

Gold Rises on Haven Demand Read More »

Gold prices saw a rebound on Tuesday, boosted by a weaker U.S. dollar, as investors eagerly awaited upcoming U.S. economic data that could influence the Federal Reserve’s policy meeting next week. As of 1022 GMT, spot gold was up 0.3% at $2,026.95 per ounce, and U.S. gold futures also experienced a 0.3% increase, reaching $2,028.60. …

Gold gains on softer dollar as markets await more Fed cues Read More »

The value of gold steadied near the $2,020 per ounce mark on the closing day of the week. However, it remains poised for a weekly descent, influenced by the ascendancy of the dollar and surging Treasury yields. This trend emerged following robust US data and the adoption of a more assertive tone by the Federal …

Weekly Downturn Anticipated for Precious Metal Read More »

Amidst the financial landscape, the intricacies of gold futures experienced an early ascent on Thursday. This elevation was propelled by the juxtaposition of fluctuating treasury yields and the ascension of the dollar. An economic report further fueled this trajectory, revealing a persistent vigor in the US economic engine. In the realm of futures trading, the …

Gold Moves Higher Despite a Rising Dollar as US Jobless Claims Drop to a 16-Month Low Read More »

Amidst the realm of financial intricacies, the ascending momentum of gold finds itself in a state of restraint, grappling with the weight of subdued prospects. Hovering around $2,010 per ounce on Thursday, gold maintains its proximity to the nadir witnessed over the past five weeks. This restrained surge can be attributed to the ascendancy of …

Gold Upside Momentum Subdued, US Data Weighs Read More »

The drop in gold prices on Tuesday was attributed to the strengthening of the US dollar and the rise in Treasury yields. Gold for February delivery experienced a decline of US$13.70, reaching US$2,037.90 per ounce. The increase in the ICE dollar index by 0.85 points to 103.25 played a role in the decline of gold …

The drop in gold prices on Tuesday was attributed to the strengthening of the US dollar and the rise in Treasury yields. Read More »

Now, as we delve into the nuanced world of financial happenings, we observe the retreat of gold in the face of a resurgent US dollar and climbing yields on Treasury bonds. The dollar, soaring to heights unseen in over a month, exerts pressure on gold prices. Concurrently, the 10-year Treasury yields in the U.S. stand …

Gold retreats as US dollar, yields climb; Fed speakers on tap Dollar hits more than one-month high Read More »

based on technical analysisThe dollar index (DXY) reaches a peak surpassing 10 daysYields on 10-Year Treasury notes surge beyond 4%Gold values experienced a subdued Tuesday as the dollar strengthened, and Treasury yields ascended. Traders, in anticipation, awaited insights from various U.S. Federal Reserve speakers scheduled for the week, hoping for a clearer picture of the …

forecast indicates that spot gold might retrace to $2,042 per ounce Read More »

The dollar took a breather on Wednesday, hovering around 102.5 after a recent climb. Investors are holding their breath, waiting for crucial US inflation data that could determine the Federal Reserve’s next move. This data could be the deciding factor: will interest rates start dropping as soon as March, or will they hold steady for …

Is the Dollar Ready to Cool Down? Inflation Data Holds the Key Read More »