Precious Metals
Daily market commentary: Gold has been hit by the strength of the greenback
Daily market commentary: Gold has been hit by the strength of the greenback
GOLD
Gold has been hit by the strength of the greenback in the last 48 hours. The bullion price retraced from the resistance zone at $2,000 to once again near the support zone at $1,920. Moreover, the general “risk on” scenario seen on markets, with another rally on stocks, pushed investors to bet on more risky assets, at least in the short term.
Despite this, the main trend has not changed, with the price in the main lateral channel between $1,860 (the low of 12th August) and $2,075 (the high of 7th August). The fundamental outlook is still positive for bullion, in a scenario where central banks’ dovish policies will continue for a long time.
Carlo Alberto De Casa – Chief analyst, ActivTrades
The post Daily market commentary: Gold has been hit by the strength of the greenback appeared first on LeapRate.
Bitcoin, Bonds, Big-Tech, & Bullion Breakdown As Banks & Black Gold Bounce
Bitcoin, Bonds, Big-Tech, & Bullion Breakdown As Banks & Black Gold Bounce
So no new banks exploded or were bailed out over the weekend,…
7 Silver Stocks to Buy Amid the Banking Sector Fallout
Although everyone loves talking about gold as a hedge against inflation and market fears in general, the runner-up category of silver stocks to buy deserves…
Everyone Is Just Pretending Nothing’s Wrong
Everyone Is Just Pretending Nothing’s Wrong
Submitted by QTR’s Fringe Finance
“It is a shit storm out here. You have no idea the kind…
B.C. Interior gets economic boost with new gold mines
22 gold stats as the commodity breaks $2,000 per ounce
Art and Science: 3 Key Ratios in the Markets
03 Mining (TSXV:OIII) Initiates Drill Program at Marban Project, Quebec
High-entropy oxide as high-activity electrocatalyst for water oxidation
Bitcoin, Bonds, Big-Tech, & Bullion Breakdown As Banks & Black Gold Bounce
Q-Gold Resources drills 14.8 g/t gold over 0.52 metres at Mine Centre, Ontario
Banking Crisis Has Triggered Capital Flight From Oil To Gold
Analyst: Idaho Project's Metallurgical Tests 'Encouraging'
“It’s Getting Real”: Unease Over Banking Sector Turmoil Spurs Huge Demand For Physical Precious Metals
-
Precious Metals11 hours ago
“It’s Getting Real”: Unease Over Banking Sector Turmoil Spurs Huge Demand For Physical Precious Metals
-
Companies12 hours agoCanada Carbon Receives Complete Results on its Asbury Property with Interpretations that Include 5.00%Cg over 33.35m.
-
Financing News13 hours agoQC Copper Announces Private Placement with Quebec Funds
-
Drilling News11 hours agoBonterra Intersects 34.7 g/t Au over 2.4 m at the Barry Underground Project and Provides an Update on the Duke Property Joint Venture Drill Program
-
Companies12 hours agoCopper Lake Resources Announces Warrant Extension
-
Uncategorized23 hours agoWeekly Market Pulse: Perspective
-
Drilling News10 hours agoGold’n Futures Reports Update on Its Brady Gold Project in Newfoundland
-
Financing News11 hours agoArctic Fox Lithium Corp. Engages Noranda Royalties to Compile Data on its Lithium Properties in the James Bay Region of Quebec
