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Gold prices may have found a temporary equilibrium – TDS
Macro funds skillfully managed to liquidate nearly 60% of their extreme position size in the weeks that followed the US elections, mitigating subsequent downside risks, barring a change in the prevailing macro narrative, TDS’ Senior Commodity Strategist Daniel Ghali notes.Fxstreet
Nov 27, 2024
Gold struggles to break $2,620, weighed by US tariffs and geopolitics
Gold prices remain stuck at around $2,625 for the second straight day, even though US President Donald Trump threatened to impose tariffs on three of its major trading partners in a post on his social media platform.Fxstreet
Nov 26, 2024
Trump administration wants to swiftly implement measures to increase US oil and gas production – Commerzbank
According to two sources familiar with the matter, measures to increase US oil and gas production are to be taken just a few days after President-elect Trump takes office, Commerzbank’s commodity analyst Carsten Fritsch notes.Fxstreet
Nov 26, 2024
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