Tag: gold

Gold is one of the best-known commodities. This yellow metal is also one of the most important parts of any diversified portfolio due to its store of value characteristics.

Correlation of Bitcoin and gold reached 12-months high

Correlation of Bitcoin and gold reached 12-months high

Bitcoin, like any other asset, is correlated to other asset classes, and lately, it has been correlated with gold more than usual.
Gold sparks to $1700 – what happened?

Gold sparks to $1700 – what happened?

The weaker US manufacturing index negatively impacts the US dollar and helps gold reach the level of $1700.
Gold traders await Fed’s decision of the year

Gold traders await Fed’s decision of the year

This week's Fed rate decision could bring higher volatility. A possible 100 bps rate hike could spark a massive sell-off.
Gold gains due to weaker US Dollar

Gold gains due to weaker US Dollar

The US Dollar index weakens by more than 0.7% this month. It helps gold to correct losses from last month. Volatility persists with inflation data ahead.
Gold looked under $1700 level

Gold looked under $1700 level

Determination in the fight against inflation confirms the hawkishness of the monetary policy. Gold reacted negatively and tested a level of $1700.
Swiss gold export soars to 202 tonnes in July

Swiss gold export soars to 202 tonnes in July

The price of gold is under 1800$ and demand is rising. China's import of Swiss gold was up by 147% in July. Fed remains a big question.
Is U.S. inflation going to change the trend of Gold?

Is U.S. inflation going to change the trend of Gold?

The U.S. inflation data surprised markets with lower numbers. With this optimism, gold tries to break above resistance.
Gold’s volatility rises with tensions in Taiwan

Gold’s volatility rises with tensions in Taiwan

The price of gold is volatile thanks to the geopolitical tensions in Taiwan, the global economic slowdown, and the Fed's monetary policy.
Commodities on the way to erase monthly losses

Commodities on the way to erase monthly losses

A turbulent July for markets. Especially for commodities. A significant decline in the first half, but Fed helped.
Gold reacts against standard definitions

Gold reacts against standard definitions

Gold's reactions to Fed rate decisions in time showed a big surprise against standard definitions. Wednesday could be a volatile day.