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The US dollar rally halted last week after Fed Minutes came out. This week, the greenback is eyeing key inflation and GDP data. It could break out toward 106 if the data is favorable. Invest like the...
Gold prices have moved steadily higher and this has provided a strong tailwind to gold mining stocks. Today, we’ll highlight a very bullish setup in this sector by looking at the Gold Miners ETF...
By RoboForex Analytical DepartmentThe price of gold fell to $2370.00 per troy ounce by Thursday following the release of the minutes from the latest US Federal Reserve meeting. The general tone of the...
2024 has been filled with headlines about stock market highs and stocks such as Nvidia (NASDAQ:NVDA). But one major asset and commodity that is making a historic rally is Gold.This comes after a long,...
Gold broke past the $2400 recently. Weakening dollar and US bond yields signal further gains. Based on the current scenario, bulls will eye $2500 with the next surge. Invest like the big funds from...
On Monday, a troy ounce of gold set a new price peak of 3438.00 USD. This surge was fuelled by renewed speculation about potential interest rate cuts by the US Federal Reserve, vigorous gold purchases...
Silver broke above $30, signaling a sustained rally driven by weak US data, a softer dollar, and global economic improvements. Targets around $42.60 are plausible, with momentum possibly extending...
Gold (XAU/USD) has started the week off strong pushing beyond the previous all-time high set in April. The precious metal continues to find support from expectations of rate cuts from the Federal...
Precious metals have been very strong over the past two years, with Gold breaking out of a historic bullish pattern. Is it time for Silver to do the same?Silver has rallied sharply but is facing heavy...
Gold dipped Monday morning due to profit-taking but longer-term outlook remains bullish, possibly marking a third month of gains. Recent increases linked to a weaker dollar and Fed rate cut...
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