Gold cracks $4,500, eyes further upside as fresh geopolitical turmoil fuels demand
Gold price eased in early Wednesday trading, on partial profit-taking, after three-day advance cracked psychological $4500.
Bounce from $4300 zone, where pullback from new record high ($4550) has been contained, closed above Fibo 76.4%…
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WTI oil retests pivotal barriers on Venezuela uncertainty
WTI oil rose further on Tuesday, following US action in Venezuela, which caused uncertainty over country’s oil production and boosted demand.
Although it is still early to estimate what consequences will US unprecedented action…
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USD Index – bulls tighten grip ahead of release of key US economic data
The dollar index opened with gap higher and rose to 3 ½ week high on Monday, keeping firm tone at the start of the year.
Uncertainty over the US attack on Venezuela prompted migration into safety of dollar, but the greenback was also…
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Gold firms at the start of the year but $4400 zone still marks significant obstacle for recovery
Gold started the year in positive mode, opening with small gap higher on the first trading day in 2026 and advanced to $4400 zone which marks a breakpoint and so far caps recovery attempts.
The yellow metal price fell sharply in the last…
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Gold – Monday’s sharp fall was likely a positioning for fresh push higher
Gold bounced strongly on Tuesday, recovering a part of heavy losses on Monday, when the metal price first hit new record high and then fell over 5%,
Markets were awaiting a catalyst for profit-taking and yesterday’s optimistic tones…
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Silver price drops around $15 after hitting new record high above $85
Silver fell sharply in a turbulent Monday’s trading, after hitting a new record high above $85 at the start of Asian session.
Optimistic news about Ukraine peace talks and strongly overbought daily studies prompted traders to collect…
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Gold establishes above $4500 as fresh geopolitical tensions boost demand
Gold opened with gap higher and above cracked $4500 level on Friday, as geopolitical situation escalated during the one-day break on Christmas and prompted traders into fresh longs.
The latest US attack on Nigeria added to growing…
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Gold posts new all-time high above $4400 per ounce
Gold hit new record high following 1.8% acceleration in early Monday, which broke above psychological $4400 barrier and pushed the price further into uncharted territory.
Increased safe haven demand on fragile geopolitical and economic…
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EURJPY hits new all-time high
EURJPY hit new record high following 1.1% advance in post BoJ rate decision trading.
Japanese yen weakened across the board after the Bank of Japan raised interest rates by 25 basis points to 0.75% (the highest in three decades) and left…
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Bank of England cuts rates by 25 basis points
The Bank of England cut interest rates by 25 basis points from 4.00% to 3.75%, as widely expected, but signaled that pace of lowering borrowing costs might slow further.
Data released on Wednesday signaled significant inflation drop in…
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