As of October 4, 2024, the London gold price has risen by 3.3% since the Fed‘s interest rate cut on September 18, and has risen by 28.6% so far this year. The strength of gold prices is not entirely a
Market Overview Israel Intensified Attacks. What Next? Israel‘s multifront war continues as they intensify their attacks over the past five days. What is Israel’s plan? So far, w
Market AnalysisGOLD - There is no change in our reading of GOLD after relatively flat trading yesterday, staying within the SD zone as seen in the chart. We are waiting for any significant move out of
Gold closed lower for the sixth consecutive day after the Federal Reserve released the minutes of its September meeting. The minutes revealed that the "overwhelming majority" of officials on the Feder
Gold is undoubtedly one of the most watched assets this year. Driven by the expectation of a sharp interest rate cut by the Federal Reserve and the concerns of foreign governments about the weaponizat
The dollar is strong ahead of the FOMC meeting minutes on the Hawkish prospect. Gold Plummet as the market eyes on a stronger dollar ahead. Market SummaryMeanwhile, U.S. markets were lifted by a tech
Market OverviewGOLD - GOLD has broken out of its previous range, hitting new lows after weeks of flat trading. The decline was triggered by reduced expectations for a 50-basis-point rate cut from the
Market Analysis:GOLD: After weeks of stability, GOLD has broken out of its range, driven by reduced expectations for a 50-point Fed rate cut. Investors now anticipate a 25-basis-point cut, reflecting
Market Overview Russias Nuclear Response Strategy Russia has recently outlined its new Nuclear Doctrine, warning the U.S. against any attempts to attack its territory. According
Market Overview: Russias Nuclear Strategy Russia‘s new nuclear doctrine allows for nuclear retaliation if the country faces an attack by missiles, drones, or aircraft. This move
Market Overview Russias Nuclear Response Strategy Russia has recently outlined its new Nuclear Doctrine, warning the U.S. against any attempts to attack its territory. According
Product: XAU/USDPrediction: IncreaseFundamental Analysis:Spot Gold remains on a modest downward trend, hovering near $2,645 after the US market opened. While shedding ground recently, XAU/USD is still
Oil prices surge on heightened tension in the Middle East region. The U.S. dollar remained strong on the back of robust job data last Friday. Eye on tomorrows RBNZs interest rate decision with the exp
GOLD - GOLD is flat in recent trading, with traders split on how the market will react to the recent escalations in West Asia and the upcoming November rate cuts. However, will the rate cut even happe
Product: XAU/USDPrediction: IncreaseFundamental Analysis: Spot Golds consolidative phase continued throughout the first half of Monday after the noisy United States (US) Nonfarm Payrolls (NFP) report
Market OverviewThe Iron Dome Failed?After the latest attacks on Israeli soil by Iran, many missiles hit their target. While the damage was minimal, it showed that Israels defenses can be breached.How
Market OverviewThe Iron Dome Failed?After the latest attacks on Israeli soil by Iran, many missiles hit their target. While the damage was minimal, it showed that Israels defenses can be breached.How
During the North American session on Monday, U.S. Treasury yields capped gains in gold, with the precious metal trading within a range of 2,630to2,659. However, the escalation of conflicts in the Midd