Commodities News

Upbeat USD demand in the global market caused gold to erase gains from early market hours. Gols is currently trading in a bearish sentiment.

The shift in sentiment in the U.S. Dollar Index suggests that investors believe wage inflation is creeping higher, but it has not accelerated as much as the market was fearing. Gold buyers are currently operating under the notion that the fear of a rising dollar is going to cause a

The gold prices have been stable over the last 24 hours as the dollar strength seems to have had minimal impact on the prices

Gold prices have been trading in a strong manner over the last few days and it seems as though the prices are trying to form a base.

The gold prices continue to trade in a buoyant manner and it appears as though it is trying to push itself against the dollar

Gold was slightly higher after tumbling 1 percent on Thursday on strength in the U.S. dollar, which made bullion more expensive for buyers using other currencies.

Gold prices rose on Thursday as investors looked for bargains after the metal fell to a two-week low in the previous session following a U.S. interest rate hike and as limited gains in the dollar after the decision supported demand for the metal.

Gold prices held steady on Wednesday as investors were cautious ahead of the conclusion of U.S. Federal Reserve’s two-day meeting, where policymakers are expected to raise interest rates for the third time this year.

Gold is making a strong base between $1,195-$1,205 and it does not look like it will break the support range.

The news out of China seems to be having some negative impact on gold with the U.S. dollar cautiously higher.

China dropped a potential bombshell late Friday when it canceled planned trade discussions with the United States. Gold prices edged lower on Friday as the U.S. Dollar firmed on renewed concerns over escalating trade tensions between the United States and China. A report showed OPEC and its allies were considering

Gold is reporting gains for a third straight day, courtesy of weak tone in the US dollar

On Thursday, the Dow Jones Industrial Average may have surged to an all-time high, but a third of its components still remain in a correction. Weekly U.S. jobless claims fell to their lowest level in nearly 49 years last week, totaling 201,000, according to the Labor Department. Economists were looking

A weakening dollar continued to push gold higher as impact from trade war woes was less than expected.

Precious metals edge up on subdued demand for US Greenback in broad market.

Effects of Sino-U.S. trade war escalation due to US Government announcing tariff on Chinese goods is felt across all USD denominated instruments.

Sino-U.S trade war woes continue to boost US Greenback in broad market which limited gains in dollar denominated precious metals.

Oil prices pulled back early Friday amid concerns additional U.S. tariffs would be placed on China, leading to a potential drop in demand. gold gave back most of its gains on Friday due to upbeat U.S. retail sales and consumer confidence reports. A report that President Trump told his aides

Gold to close positive for the week on back of softer US Greenback owing to disappointing macro data.

Gold price edges up on subdued USD owing to Sino-U.S. trade related talks while investors look to US macro data for impetus to move forward.