XAU/USD spikes to fresh multi-week high, above $1,970 post-US CPI
A combination of supporting factors pushed spot gold to a fresh multi-week high on Tuesday. The US CPI accelerated to 8.5% and boosted the metal’s...
XAU/USD to remain above $1,900 this year – ANZ
XAU/USD is trading in a relatively tight range near $1,920. In the view of strategists at ANZ Bank, the impact of a stronger dollar is...
XAU/USD to see additional gains on a break above record high of $2,075 – Credit Suisse
Gold has seen a decisive rejection of its $2,075 record high to leave the core trend sideways. The yellow metal would need to surpass this...
XAU/USD to rise amid heightened geopolitical risks and higher inflation – ANZ
Gold is benefitting from safe-haven demand, though easing tension saw prices back to $1,900. Economists at ANZ Bank expect the yellow metal to remain supported...
XAU/USD tends to gain once rate hike cycles begin – Commerzbank
Gold price has risen to the $1,940 area despite the US Federal Reserve rate hike. Six more hikes are expected this year. The course is...
XAU/USD to break above $2,075 high towards $2,285/2,300 – Credit Suisse
Gold is undergoing a sharp setback after being capped near exactly at its $2075 record high. However, strategists at Credit Suisse still expect the yellow...
XAU/USD to shrugg off Fed rate hikes – Commerzbank
Gold price has fallen to $1,965 this morning due to positive signs from the talks conducted by Russian and Ukrainian representatives, which are giving rise...
XAU/USD to lurch higher towards summer 2020 highs of $2,075 – TDS
Russia-Ukraine conflict-driven commodity price spikes and the resulting higher inflation expectations have prompted money managers to extend their net long gold exposure. Strategists at TD...
XAU/USD to stay buoyant as safe-haven assets are in demand – Commerzbank
Gold price gained strongly by 2% to reach $1,945 per troy ounce on Tuesday. Strategists at Commerzbank expect the yellow metal to remain supported thanks...
XAU/USD to soar towards $2,075 on a break above $1,917/23 – Credit Suisse
The core trend for gold looks in the process of turning higher again, in the view of strategists at Credit Suisse. A break past $1,917/23...