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

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 REPORT

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 REPORT

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 REPORT

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 REPORT

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 REPORT

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 REPORT

Gold stumbles on US dollar vigour

Gold prices succumbed to bearish pressures this week in lieu of vigorous showings by the US dollar.

CHARTPOINT

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 REPORT

Gold firms as markets deliberate growing risks in global economy

What are the key drivers for gold this week?

GOLD REPORT

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).

GOLD REPORT

Choppy trading conditions for gold

What are the key drivers for gold this week?

GOLD REPORT

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.