PBoC will continue to buy Gold in the coming months – Commerzbank
Share:
Economists at Commerzbank expect the Gold price to remain supported as the PBoC is set to continue buying Gold. Chinese central bank...
Central bank Gold demand will be strong for the foreseeable future – TDS
Share:
Last year, central banks purchased a near-record 1,037t of Gold and a record 1,082 tonnes in 2022. After record central bank buying...
XAU/USD unlikely to leave its trading range – Commerzbank
Share:
Gold price is treading water while defending the $2,030 level. Economists at Commerbznka analyze the yellow metal’s outlook. Optimism for rapid interest...
Gold weakens as robust US Retail Sales data diminishes Fed rate cut bets
Share:
Gold price falls sharply as Fed Waller maintains a higher for longer interest-rates narrative. The last leg of high US inflation has...
XAU/USD halts a winning streak, trades near $2,050
Share:
Gold price edges lower as the Greenback improves on upbeat US Treasury yields. US Dollar gains ground after hawkish comments from the...
Gold consolidates with investors awaiting the release of key US data
Share:
Gold price consolidates with the US Dollar steady near recent lows. The negative impact of hawkish Fed officials has ebbed. The mild...
XAU/USD set to hit fresh highs in 2024 – MUFG
Share:
Gold has been on a roller-coaster ride in H2 2023, slumping in September before surging to a record earlier this month. Economists...
XAU/USD heading towards 2020 record high
Share:
XAU/USD Current price: $2,036.15 Surprising dovish comments from US Federal Reserve officials hit the US Dollar. US Treasury bond yields extend their...
Gold Is Regaining Investors’ Attention
Gold is experiencing an upswing due to increased geopolitical risks, a weakening US Dollar, and falling US Treasury bond yields, leading to a recovery in...
XAU/USD to move sustainably into $2,100 territory – TDS
Share:
Gold moved into $2,000 territory in response to rising geopolitical risks. Strategists at TD Securities analyze the yellow metal’s outlook. Fed set...