Tag - commodity

On Tuesday, gold managed to gain a bit due to the fact that the first dive in factory gate inflation for four months backed the argument that the major US bank should suspend monetary policy tightening and traders looked ahead to a bunch of remarks from…

On Thursday, gold was intact due to the fact that market participants waited for comments from Fed Chair Jerome Powell in the face of hopes that the head of the US key financial institution is going to reaffirm a pause in the US monetary policy…

On Monday, the yellow metal surged, concluding at the psychologically crucial $1,300 level due to the fact that the evergreen buck was impacted by hopes that the key US financial institution would stop its rate-lifting cycle for the year, thus raising…

The yellow metal’s objective for $1,300 is still intact, although gold bugs don’t seem to hurry to get there, expecting equity markets to dive for the next big move up…

Wall Street’s recent rebound can’t scar off gold bugs…

On Wednesday, the yellow metal hit a new six-month maximum because recent risk-off sentiment attracted traders to the safe haven commodity, while American leader held fast in his insistence for border financing to reopen the US cabinet…

On Tuesday, Turkish equities went down after the settlement due to the fact that losses in the Leasing & Factoring, Wholesale & Retail Trade, and Tourism sectors suppressed the country’s shares…

On Monday, gold futures tried new six-month maximums because bullion marked early profits, backed by a weaker greenback…

On Friday, the yellow metal declined, taking a breather having capitalized on the key US bank and worrying the stock markets earlier in the week…

On Thursday, the yellow metal managed to surge, hitting a 6-month maximum due to the fact that a less-hawkish main US bank led to a weaker evergreen buck, thus underpinning the US dollar-denominated precious commodity…

On Tuesday, gold was intact because market participants shifted their attention to this week’s Fed Reserve monetary policy gathering…

On Wednesday, gold managed to leap reaching the best levels of the trading session because data disclosed that American consumer price surge speeded down in November…