Tuesday, December 20, 2022

Gold moves higher as the dollar falls on the news of a BOJ policy revision

Gold moves higher as the dollar falls on the news of a BOJ policy revision: Gold moves higher as the dollar falls on the news of a BOJ policy revision The Bank of Japan's surprise decision that they would raise their benchmark interest rate cap from 0.25% to 0.50% sent ripple...

Tuesday, August 23, 2022

Gold, silver rebound as USDX backs off, crude oil rallies

Gold, silver rebound as USDX backs off, crude oil rallies: Gold, silver rebound as USDX backs off, crude oil rallies Gold and silver prices are higher in midday U.S. trading Tuesday, on short covering in the futures markets and bargain hunting in the cash mar...

Thursday, May 12, 2022

Gold, silver punished by strong USDX that hits 20-year high

Gold, silver punished by strong USDX that hits 20-year high: Gold, silver punished by strong USDX that hits 20-year high Gold and silver prices are sharply lower in midday U.S. trading Thursday, pressured in part by a very strong U.S. dollar index that today sc...

Monday, January 31, 2022

Gold is 'prime candidate' to rally as stocks reverse in 2022 - Bloomberg Intelligence

Gold is 'prime candidate' to rally as stocks reverse in 2022 - Bloomberg Intelligence: Gold is 'prime candidate' to rally as stocks reverse in 2022 - Bloomberg Intelligence The sentiment in the gold market has reached its 'maximum disdain,' which means that gold is primed for a reversal...