Morgan Stanley Bullish; Gold Rally Likely to Continue
Morgan Stanley notes a resurgence in demand for gold ETFs, with an inflow of approximately 70 tonnes in July and…
Gold Pulls Back: Is the Major Rally Running Out of Steam?
Spot gold fell approximately 0.8% to US$4,487.41 per troy ounce, having previously touched its highest level since early June.
Gold Holds Firm in Positive Territory After Treasury Buyback Pushes Down US Yields
This rally occurred after the US Treasury Department unexpectedly expanded its long-term government bond buyback program to help curb a…
Gold Holds Near $4,500 as US Treasury Buyback Pushes Yields Lower
The precious metal was supported by a surprise move from the US Treasury Department to expand buybacks of longer-dated government…
Gold Stagnates at US$4,330; US Yields and Hormuz Tensions Weigh on Price
The yield on the 30-year US Treasury bond even hit a nearly two-decade high, making interest-bearing assets like bonds more…
Gold Falls as Yield Surges and Oil Prices Weigh In
Gold prices weakened sharply during Tuesday's trading (Aug 18) as a surge in internasional bond yields and rising energy prices…
Gold Under Pressure; High Yields and Strong Dollar Limit Upside
XAU/USD traded around US$4,382 per troy ounce—down approximately 0.8%—as a strengthening US dollar and high long-term Treasury yields dampened appetite…
Gold Drops Below US$4,400 as US Dollar Strengthens Again
Downward pressure on the XAU/USD pair emerged as the US dollar continued its rebound from a two-month low, bolstered by…
Gold Drops in Asian Session; Here Are the Key Levels to Watch!
From a technical perspective, the rejection at the daily high of around US$4,436 indicates that buyers lack the strength to…
Gold Holds Gains as Fed Rate Hike Expectations Fade
The Dollar Index remained under pressure, touching its lowest level since May following a series of weak US economic data…