Monday , November 11 2019

Gold

Is it time to trade Gold?

4241653-gold

Here is a fun fact: spot Gold has made a larger range in February 2016 than it did during any other month since August 2013, which is two and a half years ago. It seems as if volatility has returned to this market, and volatility means traders have a good ...

Read More »

Gold up for the day, down for the week

3d rendering of gold bullions.

Gold advanced on Friday, reversing previous day’s decline, as another wave of risk aversion lifted the metal’s appeal as safe-haven. Stocks fell sharply across the globe and oil hit fresh 12-year lows following a short-lived bounce the previous day. Against this backdrop, the yellow metal gained 1.5% and to finish ...

Read More »

Gold set to post third yearly loss in a row

Gold-and-Silver-Down

FXStreet (Córdoba) - Gold traded little changed during the last session of the year but remained on track to post monthly and yearly declines.

February gold was less than 0.1% higher at $1,061.30 an ounce. The yellow metal is set to score a 1.4% weekly loss, a 0.5% monthly decline and a 10% fall for 2015, making this the third yearly loss in a row.

The yellow metal has been under pressure during 2015 amid a stronger dollar heading into the Federal Reserve lift-off and broad weakness in commodities amid worries about China’s economy.
For more information, read our latest forex news.

Read More »