January 2 2023 🕓 3 min
Gold awaits fresh data to move- where will inflation send it?
The volatility from 2022 can continue in 2023. China's new Covid outbreak, the war in Ukraine, and the next Fed's rate can move the price of gold significantly.
Tag: gold
December 28 2022 🕓 2 min
Gold seems to have run out of safe haven steam
Bears have a quick response to Tuesday's monthly highs with renewed key support testing.
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Fed rate hike slows down and dominates US market
Fed released a new rate hike of 50 basis points, which traders hoped for as inflation slowed down. However, Fed hints rates higher for longer.
December 13 2022 🕓 4 min
Markets invite gains as inflation slows down
Markets profit from lower inflation than expected, except for dollar. Fed kicks off its two day meeting. Let's get ready for the next hike.
December 8 2022 🕓 3 min
Markets calmed down as traders are expecting fresh big data
Stocks finally end losin streak despite markets on Thursday show lower volatility. Traders await more data next week.
December 8 2022 🕓 3 min
Gold to $3,000? Saxo Bank says so!
Gold struggles to find serious investors. Nevertheless, the outlook looks promising.
December 7 2022 🕓 4 min
Markets full of fear as data suggests recession is close
US dollar faces selling on all fronts as data suggests there may be a recession coming soon. Markets all in red, except gold, which holds its value.
December 6 2022 🕓 3 min
Gold remains under extreme short-term pressure
Volatility will probably remain as investors will digest inflation data and the next Fed’s decision.
December 5 2022 🕓 4 min
A day full of key data fuels dollar, which smashes all
Markets on Monday were mostly in the red except the US dollar, which benefited from today's data. Stocks and commodities are hurt by OPEC+ and inflation.
December 1 2022 🕓 4 min
Markets are preparing for data with the December kickoff
Dollar continues to extend losses as the market prepares for Nonfarm Payrolls. Stocks end mostly unchanged, while gold finally breaking through $1800.
November 30 2022 🕓 4 min
US market shows important movements with loads of data
The market explodes with green closing after a day full of data. Fed hints a dovish sentiment. But it was not a good day for the dollar.
November 29 2022 🕓 3 min
Gold erases losses as China’s Covid cases decline
Gold returns with a jump as China's Covid cases go down. Fed keeps a hawkish outlook which helps the shiny metal maximize its safe haven role.