Silver advanced for the third consecutive session, trading at a two-year high near $28.00 per ounce during the early European hours on Tuesday. This surge in XAGUSD mirrors the rally in gold,
Gold preserved its bullish momentum and hit a new all-time high above $2,350 at the weekly opening after gaining over 4% in the previous week, marking a new record high of $2,330
Following Wednesday’s sharp decline, the US Dollar Index (DXY) continued to push lower on Thursday, with the negative shift seen in risk sentiment, helping the USD stay resilient against its rivals. US
The Japanese Yen continued to weaken against the US Dollar, with the USDJPY pair reaching its highest level since 1990, near 152.00 early Wednesday. Investors will keep a close eye in the
Gold dipped 1.1% after the US inflation print came in higher than expected, with economists at TD Securities saying yellow metal may drift modestly lower toward the $2,025-2,100 range. The February CPI
Gold has gained close to 19% since a recent low in October and almost 7% over the past month alone, with strategists at UBS saying there is potential for a pullback in
The price of Gold extended its upside around $2,165 after reaching a record high during the early European session on Friday. A weaker US Dollar and a decline in US Treasury bond
By Naeem Aslam Investors are taking a cautious approach when it comes to taking risks. This week’s economic data hasn’t been so supportive of their investment thesis, and hence they are
By Craig Erlam The UK fell into recession in the second half of last year after GDP figures for the fourth quarter showed a steeper contraction than expected. While a recession was
By Craig Erlam This is not the U.S. inflation report that the Federal Reserve wanted to see and markets responded accordingly late on Tuesday. Inflation in January was hotter than expected across
