Gold opened higher after good closing on Friday
Gold Comex Gold opened higher after good recovery from lows last Friday. Last week gold price moved from 1495$ to 1520$. Friday we seen good buying in gold following crash…
Delayed tariffs drive gold lower
Gold Comex gold crashed from 1555$ to test 1488$ in last 3-4 trading sessions. Delayed tariff on Chinese goods caused this correction. Additional tariff on chinese goods worth $250 billion…
Trade war escalates between US & China
Gold Comex gold fired after China devalued its currency. Yuan hit major resistance of 7 against dollar after a decade. This is second step by China since trade war started.…
Gold opened lower ahead of Fed meet
Gold Comex gold price opened lower today as market awaits FOMC meeting conclusion today this Wednesday. We have a very action packed week ahead. Lets have a look at major…
Gold waiting ECB & jobs numbers
Gold Comex gold price came to a halt since 2 days. Xauusd trading in a small range since Tuesday. Usual range in last 3 days are 1418$ to 1426$. A…
Gold opened higher as Iran tensions build up
Gold Comex gold price opened higher as Iran tensions building up once again. Iran captured one of the oil tanker which belongs to UK & other belongs to Netherlands. This…
Powell statement gave gold its wings
Gold Comex Gold price fired more than 30$ in a trading session. Federal Reserve Chairman Jerome Powell said ” Trade war with China and other countries have contributed to slower…
Gold opened higher as Stock Markets are down
Gold Comex Gold price opened higher today as Stock Markets around the world are down. Dow Jones Index trading below 26800 while Indian Indices Nifty is down more than 200…
Gold fired again
Gold Comex Gold price fired again as low interest rate risk rising after bad US data. We will have two major data this Friday. Non farm payroll and Unemployment numbers.…
Gold sustaining well above 1400$
Gold Comex gold price sustaining well above 1400$. All thanks to rising tensions between Iran & US. Pressure in dollar index & rising crude oil price due to conflict between…