Gold rejected at 1335 after greenback regains strength

The yellow metal retraced back after an initial spike following FOMC Minutes The risk for Gold remains to the downside, with several indicators and charts pointing south The Gold spot price is trading around $1323.80 a troy ounce, after bouncing up to 1335 and then quickly retracing back in th ...

Gold almost flat despite stronger USD ahead of FOMC minutes

Gold almost flat ahead of FOMC minutes. All eyes may be now on the deluge of US Treasury auctions later this week. Gold is now trading around $1332, in the New York session, almost flat for the day, edging up by 0.05% ahead of FOMC minutes later on Wednesday. So far Gold made a session high an ...

Gold hangs near one-week lows, FOMC minutes awaited

   •  Persistent USD buying keeps exerting downward pressure.    •  Further weighed down by rising US bond yields.     •  FOMC meeting minutes to set the near-term trend. Gold seemed struggling to gain any traction and remained withi ...

Further dollar weakness may be in store – Goldman Sachs

In its note to clients, Zach Pandl, co-head of global foreign exchange and emerging markets strategy at Goldman Sachs, wrote that the outlook for the US dollar looks bleak, given the improving global economic growth. Key Quotes via Bloomberg: “A favorable risk environment has tended to g ...

Gold risk reversals retrace bullish bias as prices

Gold (XAU/USD) risk reversals show demand for XAU calls has weakened.  The metal trades below the 50-day moving average (MA).  The XAU/USD one month 25 delta risk reversals are being paid today at XAU 0.225 calls vs. XAU 0.40 calls last Thursday (recent high). The declin ...

Gold: steepest daily drop in about 1.5 years stalls as DXY’s advance stalls

Investors tracking lower stocks and higher yields. Gold making the steepest daily drop in about 1.5 years. Spot gold has been in decline on the back of renewed appetite for the dollar where investors are planning ahead with respect to higher inflation and the possibility of furthe ...

Gold Prices Slump Nearly 2% as Dollar Extends Gains

Investing.com – Gold prices fell sharply amid a rejuvenated dollar and rising bond yields ahead of the release of the Federal Reserve’s January meeting minutes. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange fell by $23.20, or 1.71%, to $1,333 a troy ...

Gold depressed on USD strength, improved market mood

Multi-day lows for Gold, damaged by the strong US Dollar Yellow metal back to pre-Feb 15th big spike levels Gold spot price is trading around 4-day lows just below the 1330 mark, down 1.20% on the day. The yellow metal is seen as the biggest loser of the shift in the market sentiment, with th ...

Gold slips to a fresh four-day low

Improved market mood and soft physical demand hurt gold prices. Spot gold now bearish, at least as it holds below 1,335.35. The American dollar continues climbing against the safe-haven metal, despite demand against other currencies receded after Wall Street's opening. The improving moo ...

Gold slumped on stronger US Dollar amid higher US Treasury yields

Gold under pressure on broad recovery in USD. All eyes may be now on US Treasury auctions for USD trajectory. Gold is now trading around $1343, in pre-New York session, slumped by almost 1% on a broader recovery in the US dollar amid higher US bond yields ahead of a deluge of US Treasur ...

Gold Prices Still Under Pressure on Stronger Dollar

Investing.com - Gold prices remained under pressure on Tuesday, as U.S. dollar strength and lower demand for safe-haven assets continued to weigh on the precious metal. Comex gold futures were down 1.08% at $1,341.6 a troy ounce by 08:00 a.m. ET (12:00 GMT), the lowest since February 14. Th ...

Gold falls for third day in a row, weighed down by stronger USD

   •  USD recovery gains traction and prompts further selling.    •  Rising US bond yields add to the downward pressure.  Gold prices continued to slide for the third straight session on Tuesday and dropped to a four-day low level, around the $134 ...

Gold Prices Continue to Drop on Stronger Dollar

Investing.com - Gold prices continued to drop on Tuesday, weighed by the U.S. dollar's ongoing strength and diminished demand for safe-haven assets. Comex gold futures were down 1.07% at $1,341.7 a troy ounce by 02:00 a.m. ET (06:00 GMT), the lowest since February 14. The greenback remaine ...

Gold Prices Fall For Third Straight Session As U.S. Dollar Strengthens

Investing.com - Gold prices remained lower on Tuesday as the dollar rebounded from a three-year low, while investors await the minutes of the latest Federal Reserve meeting due tomorrow. Trading volumes were expected to remain thin however, as Wall Street was closed on Monday for a holiday. Come ...

Gold resumes backing off from 1,360 as equities slide in thin Asia markets

Gold turning back from resistance around 1,360.00. Risk appetite in equities, commodities punishing metals. Gold is on the decline again, tracking equity indexes and other commodities, slipping into 1,340.00 territory as of writing. Asia session markets will remain subdued through tomorrow, a ...