Gold prices suffer headwinds as global risk sentiment strengthens
AN UPTURN in global manufacturing PMIs (on March 19) along with signs of progress in Sino-US trade talks have bolstered risk appetite as Q2 2019 kicks off with a positive note. A sharp rebound in Chinese factory activities propped Asian stocks close to a eight-month high as investors moved in...
Gold prices supported as US Fed policy takes dovish shift
THE precious metal continues to receive strong support from US dollar weakness and global growth worries in the current term.
Gold prices seesaw between US equity vigour and Brexit woes
GOLD prices exhibited choppy trading conditions as market sentiments shifted between Brexit woes and US stock market vigour this week.
Gold hangs tight as markets deliberate economic gloom
GOLD prices consolidated late in the week as risk appetite remained nuanced from weaker economic growth projections in 2019. The precious metal succumbed to bearish pressures last week after better-than expected US economic releases promulgated risk-on market sentiments.
Gold prices slide on better-than-expected US economic data
GOLD prices weakened this week as market expectations shifted on better-than-expected US economic releases.
Gold prices whipsaw on US Fed posture
GOLD prices overturned bullish gains this week as market sentiments whipsawed on the possibility of additional US rate hikes in 2019. January's US Federal Open Market Committee minutes illustrated for patience on future adjustments in the Fed fund rates amid rising economic challenges this...
Gold see-saws on robust dollar strength and global growth worries
GOLD prices continue to trade sideways this week as investors balance between robust US dollar performance and prevalent market risks. The precious metal with its status as a non-interest yielding asset has come under bearish pressures from an extended bull run in global stock markets.
Gold stumbles on US dollar vigour
Gold prices succumbed to bearish pressures this week in lieu of vigorous showings by the US dollar.
WTI to trade between US$55 and US$60 in Q1 2019
2018 was a tumultuous year for West Texas Intermediate (WTI) crude oil futures as the effects of Opec-led cuts, US shale production and geopolitical concerns led to massive fluctuations and increased volatility in prices.
Gold firms as markets deliberate growing risks in global economy
What are the key drivers for gold this week?
Trading conditions positive for the metal
The Brexit saga dominated headlines this week as UK Prime Minister Theresa May suffered a scathing defeat on the proposed divorce agreement with the European Union (EU).
Turbulent market makes gold gleam
Gold prices clocked a six-month high as investors weighed in on mounting economic and political challenges at the start of the new year. Weak PMI numbers in China have presented worrisome signals on global economic growth in the near future.