Speculation of the fed rate and weak dollars keep gold floating The US dollar remains under pressure and trades low…
Central Banks and Fed Policy Support Gold's Winins In addition to the technical force, fundamental factors continue to support the…
Daily Gold (XAU/USD) The gold market remains well supported by two major price zones: $ 2910.32– $ 2895.29 and $…
The producer Price Index (PPI) remained stable, with its annual rate, fell to 3.2% of 3.7%, which strengthened the expectations…
The core inflation also fell to 3.1%, which further feeds the speculation that the FED could lower 25 basic points…
"The uncertainty about rates and their potential effect on world trade is to strengthen Gold's safe-having profession," said a senior…
Despite soft data, FED chairman Jerome Powell remains careful, which does not indicate an immediate need for policy changes. San…
Weekly US Dollar Index (DXY) A weaker American dollar, which fell to a low four months, made gold more attractive…
Fed Rate Cut speculation supports gold and silver Investor sentiment to gold remains bullish because the markets anticipate this year…
At the same time, increased trade tensions remain a key factor for gold. Earlier this week, the US imposed new…
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