Gold prices slid to a three-week low on Wednesday, as investors piled into the U.S. dollar after Republican Donald Trump was elected U.S. president. Market participants were also looking ahead to ...
October has been a strong month for gold — and oddly enough, just as strong for the U.S. dollar. Numerous economists are starting to draw attention to the increasingly noticeable correlation ...
Gold (XAU) hits new record above $2,770 ahead of the release of nonfarm employment data. The US dollar (DXY) consolidates at the strong resistance ahead of the release of US employment data.
How is Gold correlated with other assets? Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates ...
China flags more fiscal stimulus, leaves out details on size Dollar hits highest since mid-August against its rivals Gold hit highest in over a week earlier in the session Oct 14 (Reuters ...
Precious metals plunged on Wednesday, with gold and silver falling to 3-week lows. The election of Republican candidate Trump as US president pushed the dollar and T-note yields sharply higher ...
Investors should consider GLD or physical gold to protect against inflation and potential loss of confidence in the US dollar. Many explanations have been touted to explain the sudden rise in the ...
Gold and copper plunged as Donald Trump reclaimed the White House, with a surging dollar pressuring commodities while traders weighed the ramifications of his views on trade, geopolitics and the ...
The lineup of 51 Liberty Head and Indian Head gold dollar coins, minted between 1849 and 1889, as well as eight US commemorative gold dollars pressed in the early 1900s, were expected to fetch ...
The gold market is in “crisis mode” despite a stronger US dollar and rising real US bond yields, according to Carsten Menke, Head Next Generation Research, Julius Baer. “For gold, this is something ...
Sterling also remained under pressure at $1.3006. Gold has held firm, trading near record highs despite the strong dollar. After hitting an all-time high of $2,740.37 on Monday, the metal remains ...
Gold prices struggled for momentum on Thursday, as dollar firmed after Donald Trump's election victory, while investors shifted focus to the Federal Reserve's upcoming rate cut decision. * Spot gold ...