Source: CRAIN CURRENCY | Marcus Baram Jun 15, 2023 KRISTINA RUOTOLO For centuries, gold has retained an allure as a safe-haven asset, especially during times of turbulence and market volatility. Family offices and ultra-high-net-worth investors — using gold as part of their asset diversification strategy — have recently helped boost its price, which has increased…
Lower interest rate expectations from the Fed could cause the bullion to trend higher, analyst says 08 MAY 2023 – 07:46ASHITHA SHIVAPRASAD Bengaluru — Gold prices edged up on Monday as the dollar eased, while investors awaited a key US inflation data due this week that could influence the Federal Reserve’s monetary policy stance. Spot gold…
Source: FXSTREET NEWS | 1/31/2023 3:05:16 PM GMT | By Matías Salord US Dollar weakens following Q4 US Employment Cost Index. Data points to more evidence of a slow down in inflation. XAU/USD erases daily losses with a rebound of more than $10. Gold prices bounced sharply higher following the release of US labor costs data for the fourth quarter….
* European Central Bank policy meeting due on Thursday * More platinum deficits loom after record 2020 undersupply – WPIC * Platinum prices likely to reach $1,300/oz over 12 months – UBS (Updates prices) By Shreyansi Singh March 10 (Reuters) – Gold eased on Wednesday after registering its biggest jump in two months in the…
Gold is attempting to stabilize at the 2019-2021 uptrend at $1667 but the yellow metal needs to do more work to negate the downside pressure, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports. See – Gold Price Analysis: XAU/USD to near the confluence support zone at $1,660-$1,670 – DBS Bank Key quotes “The market…
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