Tag - commodity

Gold slumps as greenback rallies
Gold slumps as greenback rallies

On Thursday, the yellow metal slumped in Asia due to the fact that the evergreen buck jumped on uncertainties around China-US trade negotiations and Brexit…

Gold tacks on
Gold tacks on

On Monday, gold managed to rally in Asia because recession worries sparked safe-haven demand…

Gold is nearly intact
Gold is nearly intact

On Wednesday, gold was nearly intact because traders closely watched a policy statement by the key US bank, which is expected to shed light on its interest rate plan for the rest of 2019…

Gold heads north, with Fed meeting in focus
Gold heads north, with Fed meeting in focus

On Tuesday, gold jumped, underpinned by hopes that the US main financial institution is going to send financial markets a more dovish message as for future monetary policy following the two-day policy gathering scheduled to start a bit later on Tuesday…

Gold jumps to $1,300
Gold jumps to $1,300

On Monday, gold managed to ascend because traders closely watched a busy week probably to be dominated by the Fed’s regular policy gathering…

Gold ascends on Brexit jitters
Gold ascends on Brexit jitters

On Tuesday, gold rallied because uncertainty over the latest developments in Britain’s departure from the EU backed safe haven demand and traders looked ahead for American inflation data to underpin the Fed’s pledge to remain on hold…

Gold slumps ahead of Trump’s budget proposal
Gold slumps ahead of Trump’s budget proposal

On Monday, the yellow metal declined, drifting away from the $1,300 mark hit on the back of a dismal jobs report, while traders looked ahead to retail sales data as well as American leader’s 2020 budget proposal…

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