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 […]

Read more

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. […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more

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. […]

Read more

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 […]

Read more

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, […]

Read more

Long term looks favourable for gold

Gold has fallen out of favour as investors prefer havens such as the dollar, Treasuries and yen amid fears that a looming trade war will damage global growth, hurt earnings and drag down stock markets and other risk assets. Gold has not fared well lately despite rising global trade tensions that have knocked down equities. […]

Read more

Trade war fails to weaken the dollar

Gold prices have not managed to stay above the $1300 level- it could be due to a strong dollar or maybe profit taking or even price manipulation. Currently, out of all, gold prices seemed to have been highly influenced by a strengthening dollar. Gold prices fell to new 2018 lows against a rising Dollar on Tuesday […]

Read more