Gold price is under pressure as traders digest the strong US GDP numbers released yesterday. The strong data has further confirmed that the fed is likely to stay on the path of interest rate hike for the rest of the year. However, considering gold is on a decline in […]
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Trade, earnings, teapots and the US dollar Strong domestic growth and on-target core inflation continue to suggest the US economy is in […]
Losses in precious futures were modest Monday, June 4, ranging from less than 0.1% for silver to 0.4% for platinum Precious metals […]
* Spot gold down nearly 3 percent for the week * Spot gold looks neutral in $1,173-$1,182/oz range- technicals * Silver, platinum, […]
Gold futures slipped Monday even as the dollar languished just below the even mark, temporarily snapping the pair’s typically inverse relationship. A […]