Fundamental view: Gold edged higher against the US dollar during the trading course of the week and ended reaching its highest level since Nov 2020 at $1970. The War underpinned the demand of the safety haven precious asset. Leaders from all the West’s nations have asked President Vladimir Putin to put a halt to the [...]
Fundamental view: Gold traded back and forth against the US dollar during the course of the week. The headlines on the Russia – Ukraine crisis made the gold to fluctuate. It reached to its highest level since September 2020 at $1,974 on Thursday, and later it declined below $1,900 in the early American session on [...]
Fundamental view: Gold climbed up against the US dollar during the trading course of the week, with maintaining bid for 4 days of the week. The gains had a courtesy of Russia – Ukraine crisis amid Fed speaking ignored by market players. Russia deployed troops to the region, and Western nations feared an invasion. Moscow [...]
Fundamental view: The yellow metal traded high against the US dollar with skyrocketing on the last day of the trading week. Gold was trading to the upside during the initial 3 days of the week taking advantage of weak dollar but on Thursday it tumbled due to the US dollar gaining strength with stronger than [...]
