Tag: Gold

  • Gold prices defy key resistance area, USD/JPY remains below 200-day SMA for now – DailyFX

    USD/JPY, GOLD PRICE FORECAST Gold price is rising but fails to overcome cluster resistance USD/JPY lacks directional conviction as the pair trades slightly below the 200-day simple moving average This article examines the technical profile of gold and USD/JPY, focusing on key price thresholds that may be relevant heading into the final trading sessions of…

  • Market Week Ahead: Gold Reclaims $2,000, GBP/USD, EUR/USD Recover as USD Slides – DailyFX

    Market Week Ahead: Gold Reclaims $2,000, GBP/USD, EUR/USD Recover as USD Falls New to FX looking for an edge? Download our free FX starter pack below Recommended by Nick Cawley Recommended by Nick Cawley Forex trading starter pack The Fed stands firm, expects three rate cuts in 2024, gold prices rise while yields fall According…

  • Gold price reaches all-time high

    Gold prices broke their all-time high above $2,100 an ounce (C$2,830) on Monday, with brokers betting on the Federal Reserve to cut interest rates in the new year. The precious metal reached $2,135.39 in early Asian trading, surpassing the previous all-time high set in 2020 during the pandemic. In recent weeks, forex traders have flocked…

  • Treasuries Fall as Gold Prices Rise, Stocks Mixed: Markets Wrap

    (Bloomberg) — Treasury bonds slipped and gold fell from session highs on Monday as markets pared back some of Friday’s moves that defied Federal Reserve Chairman Jerome Powell’s reminder that policymakers are in no hurry to raise interest rates reduce. Most read by Bloomberg Treasury yields rose across all maturities, with the benchmark 10-year Treasury…

  • Case for Gold Fever: NewEdge Wealth Experiences Record Rush –

    The record gold rush could intensify by the end of the year. According to NewEdge Wealth’s Ben Emons, the last month of the year typically creates a greater appetite for the yellow metal. “It was very consistent every December. “It’s been a pretty strong performance for gold – especially if there’s a stock market rally…

  • Global stocks steady, gold at six-month high as dollar slides

    [1/3]The graphic of the German stock index DAX is shown on the Frankfurt Stock Exchange on November 24, 2023. Portal/Staff acquire license rights European stocks down slightly; S&P futures fall 0.1% Gold climbs to six-month high in choppy trading Eyes on inflation data from the US and EU The oil market is tense ahead of…

  • Gold mine in Abitibi: Investissement Québec risks a loss of 10 million dollars

    Investissement Québec (IQ) risks losing $10 million from the bankruptcy of a small mining company operating in Abitibi. • Also read: Monarques shareholders approve sale to Yamana Gold • Also read: Abitibi-Témiscamingue: The Caisse is betting on the Beaufor gold mine The government’s treasury department loaned Monarch Mining $13.5 million in the 2021-2022 fiscal year…