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Gold rallies to new highs on rising China demand, weaker Dollar
Gold (XAU/USD) trades up to a new all-time high in the $2,520s on Tuesday on the back of news of solid demand from China, a weakening US Dollar (in which the precious metal is mostly priced), and continued geopolitical risks stemming from the Middle East, where peace talks are at risk of running aground.Fxstreet
Aug 20, 2024
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
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
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