Search Results for: Gold
Gold price edges higher on rising geopolitical tensions
April 12th, 2017
Gold prices edged higher during Asian trading hours on Tuesday April 11 – rising geopolitical tensions buoyed haven demand for the yellow metal, while US Federal Reserve chair Janet Yellen’s comments on gradual US interest rates rises had a limited ...
Gold rallies to 5-month high as U.S. airstrikes on Syria drive investors to haven assets
April 8th, 2017
Gold prices surged on Friday, as investors flocked to the perceived haven asset in the wake of U.S. military airstrikes against Syria in retaliation for a suspected chemical attack on civilians earlier in the week. Gold for June delivery ...
Gold is marching toward $1,300
April 5th, 2017
The investor love affair with gold seems to have gotten a bit lukewarm recently, after a pretty strong start to the year. That’s why yesterday’s big move toward a key technical level got a few out there excited. The ...
Asia Stock Selloff Eases as Yen Weakens With Gold: Markets Wrap
March 23rd, 2017
Japan’s Topix fluctuates after biggest decline since November 10-year Treasury yields steady after four days of losses A global equities selloff that spurred the biggest drop in Japanese shares since Donald Trump’s election eased as demand for haven assets ...
Gold prices jumped; Values could go higher
March 20th, 2017
GOLD PRICES have jumped this week – and could go higher – after the dollar weakened amid lower expectations of rapidly rising US interest rates, sad experts. The precious metal saw its value push to a two-week high of ...
Gold price at 1-month low
March 7th, 2017
After its worst week since November, gold was drifting lower again on Monday with the metal coming under pressure from a stronger dollar and a looming interest rate hike in the US which would only the third time since ...
Elliott Wave Analysis: EURJPY and GOLD
March 6th, 2017
Elliott Wave Analysis: EURJPY and GOLD EURJPY bounced almost 300 pips from the low. In fact, pair moved up with nice five waves which is an important indication for a resumption of an uptrend. That said, traders should be ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
Bitcoin has exceeded the value of an ounce of gold for the first time
March 3rd, 2017
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time. It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233. The current high is ...
Elliott Wave Analysis: EURGBP and GOLD
February 17th, 2017
EURGBP EURGBP is also moving up this week, but recovery can be corrective from Feb 13 low. We are observing wave 2 which can be looking for a reversal around 61.8% Fib. level after an ending diagonal in subwave ...