The gold market is once again ewing some pressure today as rising bond yields and a stronger dollar take a toll. The gold bears have taken process below support at the $1850 area, making a challenge of the $1800 level a distinct possibility in the days ahead. Should the market break down below the $1800 […]
The gold market is slightly higher in action on Friday as investors prepare for the long holiday weekend. A decline in the dollar, along with a slight decline in treasury yields, is giving investors reason to buy as the Memorial Day Holiday approaches. The threat of inflation, the war in Ukraine and other geopolitics may […]
The gold market is struggling again on Wednesday as the bulls appear quick to bale on positions. A rebound today for both the dollar and treasury yields are likely the main issues affecting gold’s decline today. The selling in gold today comes as investors await the latest FOMC meeting minutes due for release this afternoon. […]
The gold market is seeing some buying today as the dollar and yields sink. The Dollar Index hit a fresh four-week low in the overnight session while yields for the benchmark 10-Year Note have fallen to 2.797%. The improving technical posture of the yellow metal is likely encouraging some buyers to step into the market. […]
The gold market is seeing some upside today as the bulls look to distance the market from the $1800 level. The metal is moving higher today as risk appetite remains poor and as the dollar hits a four-week low. Crude oil prices may also be a contributing factor today as the price of oil rises […]
The gold market is a bit lower in early action Friday as traders digest recent upside and risk aversion remains robust. Stocks are not far from the unchanged level and remain close to 12-month lows. Appetite for risk, even on a good day, remains tepid at best as the recession trade is now working its […]
The gold market recently completed its best daily gain in some time as the dollar lost ground and as yields slumped a bit as well. Also working to the metal’s advantage today is weakness in equity markets. Stock markets have been in a downtrend now for weeks, but the worst may be yet to come. […]
The gold market is under some moderate pressure in early action Wednesday as rising treasury bond yields take their toll. Not helping gold at all is the fact that the dollar is also staging a mid-week rebound. Higher bond yields have been a major issue for financial markets in the last few months. With the […]
As the financial world takes a more serious tone and as volatility continues to spike, an increasing number of investors may be looking to alternative places to put cash to work. While many of the usual names come to mind quickly such as gold, Bitcoin, and other cryptos, there may be an even safer place […]
The gold market is slightly higher in early afternoon action after having a lackluster day session. Spot prices are currently up nearly $3 per ounce as some short covering is featured. The dollar index remaining around a 20-year high is also not helping gold much as yields are also elevated. The gold market may now […]
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