Silver Archives - Page 45 of 52

The silver market has gone back and forth during the early hours on Tuesday, as we are sitting just above the 200-Day EMA. Silver Markets Technical Analysis Silver has gone back and forth during the course of the trading session on Tuesday, as we are sitting just above the 200-Day EMA. This obviously is an indicator…

Gold

November 1, 2023401Views 0Likes 0Comments

Gold Demand Trends Q3 2023

Q3 gold demand firmly above longer-term average Central banks gold buying maintained a historic pace but fell short of the Q3’22 record. Jewellery demand softened slightly in the face of high gold prices, while the investment picture was mixed. Gold demand (excluding OTC) in Q3 was 8% ahead of its five-year average, but 6% weaker y/y at…

Gold

October 31, 2023457Views 0Likes 0Comments

China’s gold output, consumption rise in 2023, gold ETFs add 9.53 tonnes in Q3

China’s gold production and consumption both increased over the first nine months of 2023, while the country’s gold ETFs also saw significant inflows in the third quarter, according to a report from Xinhua. “China produced 271.248 tonnes of gold in the first nine months of 2023, up 1.261 tonnes or 0.47 percent compared with the same…

Gold

October 30, 2023536Views 0Likes 0Comments

Gold Price Forecast: XAU/USD buyers recapture $2,000, what’s next?

Gold price has entered a phase of consolidation at the start of a new week, following a massive surge to a fresh five-month high of $2,009 set last Friday. Markets remain on a cautious footing amid the escalating Gaza-Israel ground conflict while bracing for a bunch of major central banks’ meetings in the upcoming week. All…

Gold

October 30, 2023320Views 0Likes 0Comments

Market update: gold price jumps hurdles ahead of Fed and despite a USD rally.

The gold price leapt to new highs as haven demand continues; the psychological $2,000 mark has been eclipsed with volatility ticking up and the FOMC meeting lies ahead. Will it provide price swings for XAU/USD? The price of gold ahead of FOMC meeting The spot gold price cleared the psychological $2,000 level last Friday as markets…

Gold

October 30, 2023445Views 0Likes 0Comments

Gold Price Jumps Hurdles Ahead of Fed and Despite a USD Rally. Higher XAU/USD?

The spot gold price cleared the psychological US$ 2,000 level last Friday as markets prepare for this week’s Federal Open Market Committee (FOMC) meeting that will conclude on Wednesday. Treasury yields have eased from recent peaks but remain elevated with the benchmark 10-year bond trading at 5.02% last week, its highest yield since 2007. It consequently…