October 3 2022 🕓 2 min
Gold sparks to $1700 – what happened?
The weaker US manufacturing index negatively impacts the US dollar and helps gold reach the level of $1700.
Tag: gold
September 20 2022 🕓 3 min
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.
September 13 2022 🕓 2 min
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.
September 2 2022 🕓 2 min
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 $1700.
August 19 2022 🕓 3 min
Swiss gold export soars to 202 tonnes in July
The price of gold is under 1800$ and demand is rising. China's import of Swiss gold was up by 147% in July. Fed remains a big question.
August 12 2022 🕓 3 min
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.
August 5 2022 🕓 2 min
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.
July 29 2022 🕓 3 min
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.
July 26 2022 🕓 3 min
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.
July 18 2022 🕓 2 min
A 100 bps rate hike speculation knuckles gold down to 1 700$
Gold operates under strong support at 1740$. A massive inflation data from the US pushed the metal to test the 1700$ level.
July 11 2022 🕓 2 min
Gold accumulates volume at 11 months support
After a significant decline to 11 months old support, gold is flat and accumulates volume before important US inflation data.
July 6 2022 🕓 3 min
Gold is in free fall, attacking 1750$
The fear of economic slowdown brings a bloodbath for gold. The yellow metal is negatively affected by the possible recession fears.