Precious metals news

The gold market gapped lower to kick off the trading session on Thursday, and then turned around to break down quite significantly.

Gold prices may find a lifeline after suffering brutal losses in the wake of a momentous Fed policy pivot as traders ponder scope for rate hikes even as the timing quickens.

Gold price action has plunged over -5% so far this week. Can XAU/USD stage a rebound or will the hawkish Fed dot plot and corresponding US Dollar strength continue to weigh on the precious metal?

A move below 30 in the RSI is likely to be accompanied by lower gold prices like the behavior seen in March.

In light of the worst daily performance in four months, the price of gold moved to the support level of $ 1803 an ounce, its lowest in a month and a half,

Gold markets got hit during the trading session on Wednesday, breaking down below the crucial $1850 level as the statement coming out of the Federal Reserve suggests that perhaps they will be tightening rates sooner than originally thought.

Fed Sees Inflation in 2021, Rate Hikes in 2023; USD Jumps; Gold, Euro, Loonie Plunge.

The FOMC decision tanked gold after bond bears drove Treasury yields higher on a less dovish Fed. However, the central bank remains patient, which may help gold as bond markets stabilize.

Gold prices have pulled back from the bull flag breakout, and are now sitting on a massive spot of support ahead of the FOMC.

For four trading sessions in a row, the price of gold is moving in a downward correction range.

The gold markets fell again during the trading session on Tuesday to reach towards the $1850 level.

Crude Oil at Multi-Year High; S&P 500 Index Nudges to Another Record; Gold Hits 1-Month Low; FOMC Statement Due Later Today.

Gold prices fell for a fourth day and broke a key chart support ahead of the FOMC meeting. Uncertainties surrounding the Fed’s timeline for tapering stimulus weighed on bullion and risk assets.

Gold sought out support this week as the precious metal looks to consolidate weeks of gains ahead of an all-important FOMC meeting. Despite an encouraging technical outlook, the Fed may decide gold...

Within the completion of the performance movement at the end of last week, the price of gold moved at the beginning of this week’s trading amid bearishness.

IG client sentiment data are sending no clear signals on two of the most popular assets with traders currently, the Canadian Dollar and gold, but suggest taking bearish positions in the Swiss Franc.

Gold is finding it difficult to recoup recent losses after breaking below the multi-week bull channel yesterday

The gold markets fell rather significantly during the trading session on Monday to reach down towards the 50-day EMA.

S&P 500 Futures Hit Record High; Precious Metals Drop; Crude Oil Advances Again Above $71.

Gold prices weakened as the 10-year Treasury yield gained. As US retail sales and PPI data loom, XAU/USD could be vulnerable to a top after a key trendline was taken out.

Traders rotated back into the Nasdaq Composite as it outperformed the Dow Jones. Inflation expectations and Treasury yields are falling ahead of the highly-anticipated Fed. Highlights next week inc...

The recovery of the US dollar contributed to the profit-taking sale of the price of gold, reaching the support level of 1870 dollars an ounce.

The gold markets fell pretty significantly during the trading session on Friday as we continue to see a lot of noisy behavior and a bit of hesitation to go forward.

Gold prices fell for a second day as the US Dollar strengthened. Demand for the Fed’s reverse repo facility hit an all-time high. Seemingly excessive liquidity conditions may strengthen the case fo...

Traders rotated back into the Nasdaq Composite as it outperformed the Dow Jones. Inflation expectations and Treasury yields are falling ahead of the highly-anticipated Fed. Highlights next week inc...

The Federal Reserve rate decision is likely to sway the price of gold as the central bank is slated to update the Summary of Economic Projections (SEP).