The yellow metal rose against the greenback for the second consecutive day on Wednesday and is trading around $1790 at the time of writing. The reason can be linked to the retreat in the U.S. Treasury yields and the dollar eased, with investor now changing their focus to key inflation data due this week that [...]
Gold is trading higher against the greenback today. The yellow metal had a drop to the lowest level of $1778 the previous day since November 4. The uptrend of the yellow metal can be linked to the pullback in the US Treasury yields. Pullback of the US Treasury yields can be related to the release [...]
The yellow metal is trading low against the greenback today. The metal witnessed a volatile session on Tuesday that plucked away multi-day peak of the pair towards the heaviest daily loss in a fortnight. Yesterday's volatility could be linked to the Upbeat US retail data, Fedspeak trying to suppress the reflation fears and the start [...]
Gold was trading up on Monday morning in Asia. Pullback of the dollar gave the yellow metal a boost. The Fed’s dovish stance on interest rates hike combined with lower levels of US labor force participation had gave some pressure to the dollar last week which helped in the yellow metal's surge. The most important [...]
