0.0 00 The price of spot gold (XAU/USD) continues to consolidate as investors wait on today’s monetary policy decision from the Federal Open Markets Committee (FOMC). Investors are expecting the FOMC to raise rates by 25 …
Read More »Gold Prices should Rebound as Sentiment Sours
0.0 00 The price of spot gold (XAU/USD) has fallen for three straight days. US Treasury bond yields have moved higher. This is all but undermining the appeal of non-interest bearing assets, like gold. The fall …
Read More »The Price of Crude rises on further OPEC Production Cuts
0.0 00 The price of US WTI crude oil continues to push higher ahead of today’s key OPEC meeting hosted by Saudi Arabia. The cartel, along with Russia, are expected to announce a nine month extension …
Read More »Gold Prices could turn lower after the FOMC Minutes
0.0 00 This morning, the price of US spot gold (XAU/USD) moved lower as US Treasury yields rose along with the US dollar. This sapped the strength out of the non-interest bearing gold and other similar …
Read More »Gold moves Lower as Market Tension Eases a Bit
0.0 00 The price of spot gold (XAU/USD) moved lower as investor mood cautiously improved this morning. We did see Treasury yields move higher as well. The US Dollar also moved a tad higher as the …
Read More »Crude Oil drops on US Political Drama
0.0 00 The price of US WTI crude oil declined even after an IEA report endorsed the OPEC led production cut extension as they try to rebalance the oil market. Iraq seems to be now onboard …
Read More »The weak Dollar supports Gold after Comey’s Dismissal
0.0 00 Spot gold (XAU/USD) inched higher form an eight week low hit in yesterday’s session. Overnight, US President Donald Trump fired FBI Director James Comey, which sent the US dollar lower but expectations for a rate …
Read More »Crude Oil continues its Plunge into the Abyss
0.0 00 The price of crude oil, continues to inch lower testing its lowest level seen this year as sellers came out in force Friday afternoon. This move did lose some momentum this morning as the …
Read More »Gold prices fall as Macron wins in France
0.0 00 The price of US spot gold (XAU/USD) spiked lower to a six week low after Emmanuel Macron won over 65 percent of the vote against far-right presidential candidate Le Pen to become France’s youngest …
Read More »Gold is waiting on today’s FOMC Monetary Decision
0.0 00 The price of US spot gold (XAU/USD) continues trade quietly as gold investors are waiting on today’s monetary policy decision from the US Federal Reserve Bank. A dovish tone despite slowing US economic growth …
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