Gold prices seesawed on Omicron variant news as real rates rose. Testimony from Fed Chair Powell now in focus, may offer support. Technically, prices are testing the mettle of a three-month uptrend
Gold plunges after Biden renominates Powell to Fed Chair. XAU traders eye US inflation data due out this Wednesday. 1800 level key to direction, will bears break below the level?
Gold broke higher after eye popping US inflation last week before pausing. Treasury yields continued higher and USD buying eventually dominated gold. Inflation focus has faded but Fed action lingers. Where to for XAU/USD?
Rising inflation expectations and falling long-end bond yields have given a new shine to gold prices. If real yields – nominal yields less inflation – continue to fall, gold prices will likely continue their rally.
GOLD, XAU/USD, INFLATION, TREASURY YIELDS, BREAKEVEN RATES– TALKING POINT
GOLD, XAU/USD, US DOLLAR, US YIELDS, US CPI - TALKING POINTS
Gold prices have been aggressively bid after last week's tariff announcement, finally finding a bit of resistance at fresh six-year-highs.
Despite rebounds in higher beta assets and higher yielding currencies alike, gold prices have maintained their elevation. Stability in the face of adversity bodes well for the future.
With 2019 Fed rate cut odds at their lowest level since May 30, measures of volatility have dropped, and in turn, lower yielding currencies and safe haven assets have suffered.
Gold took out the 2014 high ($1392) after the Federal Reserve altered the forward guidance for monetary policy.
Gold prices had been on a tear up until a week ago. After moving sideways for the past several days, the rally by gold prices may be ready to resume.
Gold prices had been on a tear up until a week ago. After moving sideways for the past several days, the rally by gold prices may be ready to resume.
Gold continues its recent rally, but momentum is slowing as resistance levels near. Will commentary from Fed Chair Jerome Powell reignite the recent surge higher.
Gold continues its recent rally, but momentum is slowing as resistance levels near. Will commentary from Fed Chair Jerome Powell reignite the recent surge higher.
Gold 1-month implied volatility hit a fresh all-time closing low yesterday, but Gold prices have stopped falling. A bullish sign for bullion?
Gold 1-month implied volatility hit a fresh all-time closing low yesterday, but Gold prices have stopped falling. A bullish sign for bullion?
After hitting a four-week high in early-May, Gold implied volatility has quickly slumped back towards its all-time low.
After hitting a four-week high in early-May, Gold implied volatility has quickly slumped back towards its all-time low.
A return into a consolidation can underpin a “false breakout,” which, if so, may mean that Gold prices may have more room to run higher.
Even as the US Dollar presses a breakout attempt at fresh yearly highs, Gold prices have stabilized in recent days. Is the downturn over?