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Gold price consolidates in a range around $2,500, bulls not ready to give up yet
Gold price (XAU/USD) registered modest losses on Monday as investors refrained from placing fresh bullish bets following the recent rise to a fresh record high and opted to wait for more cues about the Federal Reserve's (Fed) policy path.Fxstreet
Aug 20, 2024
WTI drops to nearly two-week low amid optimism over Gaza ceasefire talks
West Texas Intermediate (WTI) US crude Oil prices drift lower for the third straight day on Tuesday – also marking the fifth day of a decline in the previous six – and drop to a nearly two-week low during the Asian session.
Fxstreet
Aug 20, 2024
Gold: Is this time different? – TDS
Positioning cues are flashing red in Gold markets on several fronts, such that fund managers are now only likely to be vindicated in an imminent recession or with a broadening composition of Gold investors, TD Securities Senior Commodity Strategist Daniel Ghali notes.Fxstreet
Aug 19, 2024
Gold price set to stay at around $2,500 by year-end – Commerzbank
Gold (XAU/USD) touched a new all-time high on Friday. Upcoming interest-rate cuts by the Federal Reserve should continue to support prices, Commerzbank's Commodity Analyst Carsten Fritsch notes, raising the forecast for Gold price to $2,500 per troy ounce at year-end from $2,300 previously.Fxstreet
Aug 16, 2024
