dollar Archives - Page 28 of 47

Gold markets bounced a bit during the early hours on Tuesday, as we continue to see more of a “buy on the dip” mentality in this market. We rallied a bit during the trading session on Tuesday in the gold market as we continued to see a lot of noise. I suspect that the 50 day…

Dollar Gold Platinum Silver

January 10, 2024491Views 0Likes 0Comments

XAU/USD holds gains amid risk aversion and falling yields

Gold price clings to decent gains above 0.15% during the mid-North American session on Tuesday, amid risk aversion, alongside overall US Dollar (USD) strength across the board. US Treasury bond yields had erased their previous gains, a tailwind for the yellow metal, which has an inverted correlation, particularly with the 10-year benchmark note yield. At the…

Dollar Gold Platinum Silver

January 10, 2024380Views 0Likes 0Comments

Gold price up on technical buying, rebound in crude oil

Gold prices are moderately higher and silver near steady in early U.S. trading Tuesday. Chart-based buying is featured in gold early today. Higher crude oil prices are also a bullish outside-market element. However, gains in the precious metals are being limited by a firmer U.S. dollar index and rising U.S. Treasury yields on this day.…

Dollar Gold Platinum Silver

January 9, 2024425Views 0Likes 0Comments

Bank Borrowing From Fed Bailout Program Has Surged

Is a U.S. banking crisis still bubbling under the surface? If activity in the Federal Reserve’s bank bailout program is any indication, the answer to that question is yes. Over the last two months, the balance in the Fed Bank Term Funding Program (BTFP) has surged, and the pace of borrowing appears to be increasing. Since Nov. 19, the amount…

Dollar Gold

January 9, 2024455Views 0Likes 0Comments

XAU/USD Testing Recent Lows, Geopolitical Tensions Remain

Gold is trading close to last Friday’s low despite ongoing tensions in the Red Sea. According to a CNBC report, Chinese state-owned shipping company Cosco suspended shipping via the Red Sea over the weekend citing operational fears. Danish container shipping giant Maersk announced late last week that it would not be using Red Sea shipping…

Gold

January 8, 2024494Views 0Likes 0Comments

China’s youth shun diamonds in favour of gold, seeking safe-haven investment amid economic downturn

Domestic gold prices reached new highs in China last year, with the retail market witnessing a gold rush, particularly in lower-tier cities and less affluent counties Gold is seen to offer stronger wealth preservation characteristics during an economic downturn, with demand set to rise ahead of the Lunar New Year While the iconic tagline…

Dollar Gold Platinum Silver

January 8, 2024367Views 0Likes 0Comments

Central banks bought net 44t of gold in November

Reported global central bank gold reserves, via the IMF and publicly available sources, rose by a net 44t in November Gross purchases (60t) heavily outweighed gross sales (15t) as central bank demand maintained its momentum* Central banks bought net 44t of gold in November Change by country Central bank purchases in November 2023 continued to be…

Gold Price Forecast – Gold Bounces Back a Bit

XAU/USD holds gains amid risk aversion and falling yields

Gold price up on technical buying, rebound in crude oil

Bank Borrowing From Fed Bailout Program Has Surged

XAU/USD Testing Recent Lows, Geopolitical Tensions Remain

China’s youth shun diamonds in favour of gold, seeking safe-haven investment amid economic downturn

Central banks bought net 44t of gold in November

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