Uncertainties continue to prevail

The gold market is once again under pressure as trade tensions between the U.S. and China continue to escalate. Tuesday, the U.S. government announced that it would raise tariff to 25% on $16 billion worth of good from China. China quickly followed suit and Wednesday also raised tariffs to 25% on $16 billion worth of U.S. imports. […]

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Gold expected to end the year on a positive note

Spot gold, which is down over 6 per cent this year, is close to a one-year low of $1,211.08 touched on July 19 as the dollar powered to a one-year high on expectations of higher US interest rates this year. Gold’s appeal has been fading this year with prices sliding near to the key US$1,200 […]

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3 types of rates influencing gold

Gold lost its lustre this week, as it touched to one year lows. Spot gold, which is down over 6 percent this year, is close to a one-year low of $1,211.08 touched on July 19 as the dollar powered to a one-year high on expectations of higher U.S interest rates this year. Gold prices dropped […]

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Is it time to go back to gold

Markets have been more volatile than normal so far this year due to many factors, including geopolitical tensions with North Korea and the Middle East, Italian government upheaval, rampant speculation related to interest rates and the specter of potential trade wars involving the United States, Canada, China, and European powers as a result of tariffs. […]

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Gold- Half year analysis

  We are halfway through 2018 and we have already seen gold showing some interesting movements. The first half of 2018 has been quite an action-packed for global financial markets. In US and Asia, most of the growth was captured by tech stocks. Equities experienced a few pullbacks during the first 3 months as geopolitical […]

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Gold goes weak for this week

Gold has witnessed a decline in the current week thanks to the strengthening dollar. Gold prices fell on Wednesday and Thursday as the dollar traded higher. The U.S. dollar was performing strong against major rivals on Wednesday, a bullish reflection of upbeat economic outlooks from Federal Reserve Chairman Jerome Powell and the central bank’s Beige […]

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A negative environment awaits for gold

  Gold prices fell Friday to their lowest settlement in nearly a year, with the precious metal failing to find safe-haven support from the U.S.-China trade dispute, as the U.S. dollar gained for the week. old prices were muted on Friday, stuck in a tight trading range, as the dollar extended a rally from the […]

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Gold May Regain its Safe Haven Status

In January, precious metal prices peaked. Since then they have fallen substantially by 9% (gold prices). In recent weeks, the sell-off has accelerated. There are several reasons for this price weakness. Trade War– a looming trade war between the US and China has weighed on prices, especially cyclical precious metals such as platinum and palladium. […]

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Strengthening Dollar May Pull Down Gold Prices

Gold closed the second quarter around the low for the year as the widening tariff disputes boosted the dollar. Currently in the short run, many factors are negative for gold: the strong dollar, monetary tightening and the easing of tensions with North Korea. Gold prices traded in a narrow range on Thursday, after hitting a […]

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Dollar gains safe haven appeal

  With the first half of 2018 now drawn to a close, much of the financial medias’ headlines and commentary relating to the gold market has been focusing on the fact that the US dollar gold price has moved lower year-to-date. Specifically, from a US dollar price of $1302.50 at close on 31 December 2017, […]

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