Precious metals news

Any direct connection between gold prices and midterm elections may be spurious, at best.

A reprieve in the bearish trend to start Q4 but can gold bulls push anything more than a retracement? Or will higher rates continue to sink gold prices, longer-term?

XAU/USD gold futures rose modestly amid swings in the US dollar and lower Treasury yields, as global financial markets continued to slide.

Gold markets rallied a bit during the trading session on Friday but continues to see the $1680 level as an interesting resistance barrier, and of course hold off from that level.

Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 2nd, 2022 here.

Gold markets have initially pulled back a bit during the trading session on Thursday but turned around to show signs of life as we continue the overall volatility in this market.

Gold prices anxiously await the Fed’s preferred inflation gauge, which could bolster hawkish 2023 policy expectations. This would likely damage XAU/USD.

The former-support zone around the July low ($1681) may act as resistance as the price of gold appears to be tracking the negative slope in the 50-Day SMA ($1726).

Gold markets have been very noisy over the last few months, and September wasn’t any different

Gold futures settled sharply higher since yesterday, with the US dollar declining and bond yields falling

Wednesday’s run-up in the gold market is faltering with the precious metal turning lower as inflation and yield fears come back into focus.

Gold has abated in Asia after a stellar day prior on the back of a deteriorating US Dollar and a drop in yields as the markets recoiled at Bank of England intervention. Will XAU/USD rally?

Crude oil prices rallied with gold and the S&P 500 after the Bank of England temporarily restarted quantitative easing. Markets eye a less-hawkish Fed. Are traders setting up for disappointment?

Gold prices rose on Wednesday, boosted by a weaker US dollar and, more importantly, falling bond yields after the Bank of England announced "quantitative easing" to stem the bond market rout.

During yesterday's trading session, the price of gold rose from its lowest level in more than two years, as the dollar fell after setting a new record.

Gold weakened after the Fed signaled its intention to keep rates higher for longer, bidding up the US dollar in the process. Pre-pandemic level within touching distance

Gold markets rallied at the beginning of the session on Tuesday but gave up gains yet again as it looks like we are going much lower.

Gold prices are down modestly as APAC markets sell-off. A lull in XAU volatility is unnervingly similar to price action seen over the last few months, setting gold prices up for a potential leg lower soon.

Gold markets have fallen again during the trading session on Monday, as the US dollar continues to strengthen against everything.

Gold prices are finding some relief in Asia-Pacific trading, but the threats from surging Treasury yields and the US Dollar weigh heavy on sentiment. PCE and economic data are in focus for bullion traders.