Gold Price Forecast: XAU/USD steadies around $1,700 mark, not out of the woods yet – by hareshmenghani Gold Commodities Fed Bonds XAUUSD
Gold remains depressed for the third successive day, though the downside seems cushioned.Retreating US bond yields seem to cap gains for the USD and lend support to the XAU/USD.
Unabated US dollar buying continues for the third successive day, which turns out to be a key factor exerting downward pressure on the dollar-denominated gold. In fact, the USD Index, which measures the greenback's performance against a basket of currencies, hits a fresh two-decade high and remains well supported by hawkishTuesday's upbeat US ISM Services PMI reaffirmed market bets that the US central bank will continue to hike interestmore aggressively to tame inflation.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Gold Technical Analysis: Gold Price Looking for StimulusThe price of gold held steady, as mounting concerns about a worsening energy crisis in Europe drove investors to the US currency over the euro.
Baca lebih lajut »
Gold coin hoard worth $300K found beneath kitchen floor in EnglandJennifer Nalewicki is a Salt Lake City-based journalist whose work has been featured in The New York Times, Smithsonian Magazine, Scientific American, Popular Mechanics and more. She covers several science topics from planet Earth to paleontology and archaeology to health and culture. Prior to freelancing, Jennifer was a reporter at Interior Design Magazine, and before that she held an Editor role at Time Inc. Jennifer has a bachelor's degree in Journalism from The University of Texas at Austin.
Baca lebih lajut »
Gold Forecast: Looking Frightened by the USD StrengthGold markets initially tried to rally during the trading session on Tuesday as liquidity came back into the market.
Baca lebih lajut »
Has Dr. Oz Finally Found His Oppo Gold?Dr. Oz has had a lot of “blunders,” as Beast politics reporter UrsulaPerano puts it in this week’s episode of the Fever Dreams podast, but Dr. Oz appears to have finally just struck gold. She and host willsommer discuss.
Baca lebih lajut »
Gold Price Forecast: XAU/USD establishes below $1,700, more weakness likely ahead of Fed Powell’s speechGold Price Forecast: XAU/USD establishes below $1,700, more weakness likely ahead of Fed Powell’s speech – by Sagar_Dua24 Gold XAUUSD Fed Inflation DollarIndex
Baca lebih lajut »