The giant panda was once widespread throughout southern and eastern China, as well as neighbouring Myanmar and northern Vietnam. But due to expanding human populations and development, the species is ...
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What is your sentiment on XAU/USD?
Goldmoney Inc., through its subsidiaries, provides precious metals trading services worldwide. The company operates through two segments: Goldmoney.com and Goldmoney Properties. It operates ...
Gold has broken through to new highs on Friday, above the previous record high of $2,600 set after the Fed meeting on Wednesday. The technical analysis dictum says that “the trend is your friend ...
Review my latest Gold Weekly Price Outlook for a closer look at the longer-term XAU/USD technical trading levels.
According to the CME FedWatch tool, there is now a 93.3% chance that the Federal Reserve will lower its target range for the federal funds rate to 5% to 5.25% in September, down from the current 5 ...
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The wider market however didn’t trust the move and sent gold back towards $2,000/oz. before XAU/USD stabilized over the last few days to its current level on either side of $2,030/oz.
However, core inflation remains sticky, which may limit the size of the cut. At 11:15 GMT, XAU/USD is trading $2326.72, down $1.09 or -0.05%. Analysts, such as Carsten Menke from Julius Baer ...