Yellow metal has become the best performing asset during the coronavirus. Some analysts foresee it will reach $2 000.
Tag - gold
Riskier currencies and stocks are in favor of investors. Surprisingly, gold rallies too. Let’s have a closer look.
The USD loses its grip over currencies as lighter moods enter the market.
Congratulations! Gold has just opened a new era... or, rather, reopened...
Let's consider the key levels for today!
The market takes breath after the long rally. What opportunities do traders have today?
The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Gold, USD and JPY are gaining, while stocks and riskier assets are loosening.
The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Investors prefer safe-haven assets like gold, the US dollar and the Japanese yen.
Despite the rising number of the coronavirus cases in the United States, traders await an increase in ISM Services PMI and are quite optimistic.
It’s simply the question of time before gold price gets to the higher levels…
The overall market sentiment was mixed after the USA recorded the largest increase in virus cases since May 9. The data even offset the better-than-expected NFP.
Gold dropped significantly yesterday, while analysts predicted $1 800. Were they wrong?