Gold is likely to continue its current upward trajectory and hit a new all-time high within weeks, said the CEO of a leading financial advisory and fintech, as the yellow metal reached
By Naeem Aslam Gold prices flirted with important price points this week as traders increased their bets that the Federal Reserve has less exercise to keep interest rates at ultra-high levels. The
The price of gold (XAUUSD) extended its upside near $2,360 on Monday during early Asian trading, as the rising geopolitical tensions in the Middle East boost safe-haven flows and benefit precious metals.
By Naeem Aslam European markets and US futures are trading higher while investors wait for the two most important events to unfold, one of which will shape trading activity for the rest
Following a volatile opening to the week, markets remain relatively quiet on Tuesday, as gross domestic product (GDP) data for the first quarter from the Euro area and Germany will be watched
The Japanese Yen remains under bearish pressure and was trading on Friday at its weakest level in over three decades against the US Dollar following the Bank of Japan’s decision to leave
The US Dollar is under modest selling pressure as investors gear up for key data releases. The US Bureau of Economic Analysis will publish the first estimate of the annualised gross domestic
Gold has recovered its recent losses, trading around $2,370 per troy ounce during Thursday’s Asian session. The safe-haven yellow metal gained ground as traders exercise caution amidst heightened geopolitical tensions in the
By Naeem Aslam Geopolitical tensions are very much on the minds of every trader, and the sentiment among investors continues to remain cautious. Israel has vowed to retaliate to last weekend’s Iranian
Growing expectations for a delay in the Federal Reserve’s policy pivot and escalating geopolitical tensions, fuelled an impressive US Dollar rally last week. After rising over 1.5% in the previous week and
