The trading space has become a puzzle for investors, especially since the Covid 19 pandemic swept the world. The invisible enemy has touched everyone, and every sphere has noticed its traces. However, given that a vaccine against the virus already exists, we have reason to hope. Gold increased in Asia on Wednesday. For investors, this …
In trading, sector changes can happen in minutes. There is no word like ‘’permanent’’ there. Everything is evolving and developing. For example, statistics checked a few minutes ago may no longer be valid. According to the updated information, the price of gold increased by 0.12%. However, due to the strengthening of the dollar, the achievements …
The Major Influence of Dollar on Gold Price: What to expect? Read More »
Gold has slightly changed in Asia on Thursday morning. Investors digested remarks from a top U.S. Federal Reserve member indicating that the central bank may begin asset cutting sooner than expected. Gold futures were trading at $1,813.60. Gold gained more than 1% in the previous session after the United States issued economic data showing that …
Gold rose to its highest level in almost a week in Asia on Thursday morning. In its most recent policy decision, the Federal Reserve of the United States did not specify a date for its tapering intentions but did state that it was way away from considering interest rate hikes. Gold futures were up 0.81 …
Concerns over recent COVID-19 outbreaks involving the Delta form in numerous nations boosted the safe-haven yellow gold on Tuesday morning in Asia. Gold prices recovered from Monday’s early losses in the evening session. According to HDFC Securities’ Senior Analyst (Commodities), Tapan Patel, falling U.S. Treasury yields and mounting viral cases have bolstered gold demand. Gold …
Dollar inflation also influences gold price boost. Investors wait for the U.S. federal reserve’s latest policy meeting release. Gold futures increased by 0.8% and reached $1,797.65 by GMT 3:34 AM. It is the highest result since June 18 ($1,794.86). The dollar usually moves in reverse to gold. As predicted, gold’s rise came along with the …
Gold Prices Increased on Tuesday, Reaching a Two-Week High Read More »
Gold prices held steady on Friday as investors waited for the mixed signal from U.S. Federal Reserve (Fed/FED) officials to raise interest rates this week and announce U.S. inflation data later today. As of 0104 GMT, spot gold was flat at US$1,773.52 per ounce. So far this week, prices have increased by 0.6%. U.S. gold …
Gold prices stabilize as investors await U.S. inflation data Read More »
Gold rose in early Asian trading on Wednesday, but it was still close to its lowest level in four weeks. The U.S. dollar stabilized ahead of the long-awaited Fed policy decision. The Fed will announce its decision at the end of the two-day meeting later in the day. Investors are looking for clues about when the central …
Gold Remains Month-Lowest, Awaiting for Fed Policy Decision Read More »
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews
