Tag - economic data

Gold is acting randomly. Or is it?
Gold is acting randomly. Or is it?

Usually, the gold price is driven by political and economic uncertainty, like economic crises, election pressure, pandemic effects. But in the face of year-and-a-half lasting monetary stimulus program the price of the haven asset acts differently.

Gold is Below $1900
Gold is Below $1900

In line with our expectations mentioned in yesterday’s note. Gold failed to sustain its gains above $1900/Oz and declined back all the way to $1888 during the Asian session today,

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