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gold

Gold: Gold firms as US bond yields slip with focus on Middle East

by Mark McDuffie
Gold: Gold firms as US bond yields slip with focus on Middle East

Gold prices climbed on Wednesday on softer U.S. Treasury yields, but lacked impetus to move higher as bullion’s safe-haven demand showed signs of fatigue after global leaders sought to prevent …

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gold price rise: Gold rises for first time in 4 weeks amid Israel-Hamas conflict. Can it shine some more?

by Mark McDuffie
gold price rise: Gold rises for first time in 4 weeks amid Israel-Hamas conflict. Can it shine some more?

Gold prices have seen a notable weekly gain of more than 3%, marking their first increase in four weeks. This surge is primarily attributed to ongoing geopolitical tensions, notably the …

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Gold likely to remain range-bound next week

by Mark McDuffie
Gold likely to remain range-bound next week

Spot gold snapped its nine-day long losing streak to settle with a gain of 0.69% at $1,833 on Friday. US employers added 336k jobs versus the forecast of 170k jobs …

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gold: Oversold gold may slide further on elevated yields, firmer dollar

by Mark McDuffie
gold: Oversold gold may slide further on elevated yields, firmer dollar

Spot gold extended its losing streak to the fifth consecutive day Friday as the metal closed with a loss of 0.85% at $1,648.73. Gold ended the week, the month and …

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Buying gold jewelry? Monthly payment schemes by leading brands becoming popular

by Mark McDuffie
Buying gold jewelry? Monthly payment schemes by leading brands becoming popular

Gold monthly payment schemes gain traction: In response to soaring gold prices, consumers are curbing their gold purchases, but monthly payment programs are gaining traction. According to an ET report, …

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Gold faces headwinds as hawkish Fed, rising yields pale optimism

by Mark McDuffie
Gold faces headwinds as hawkish Fed, rising yields pale optimism

During the September FOMC meeting, the Federal Reserve maintained the federal funds rate target range at a 22-year high of 5.25%-5.5%. Fed Chair Jerome Powell, however, conveyed that interest rates …

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Gold Price Drops, Silver Goes Up; Demand For Both Metals To Rise During Festive Season

by Mark McDuffie
Gold Price Drops, Silver Goes Up; Demand For Both Metals To Rise During Festive Season

Home Business Gold Price Drops, Silver Goes Up; Demand For Both Metals To Rise During Festive Season At the beginning of this week, i.e., on September 18, gold was at …

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gold prices: Gold’s nemesis dollar, triggers Rs 2,800 fall from peak. Is there a silver lining?

by Mark McDuffie
gold prices: Gold’s nemesis dollar, triggers Rs 2,800 fall from peak. Is there a silver lining?

As the festival of Ganesh Chaturthi will be celebrated on Tuesday, September 19 it will mark the beginning of a long festive season in India, gold could likely take a …

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gold trading strategy: Buying on dips likely to support gold prices

by Mark McDuffie
gold trading strategy: Buying on dips likely to support gold prices

Spot gold closed almost flat at $1,940 on Friday as US treasuries fell, despite a weak monthly US job report. The surge in yields on Friday boosted the US dollar …

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gold: What should traders do with gold as bears tighten grip?

by Mark McDuffie
gold: What should traders do with gold as bears tighten grip?

Gold’s is expected to remain under pressure in the international markets amid a stronger dollar index (DXY) and higher US bond yields, with a rub-off impact on the local prices, …

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