Gold edged lower on Wednesday, trading as low as $1,782.31 a troy ounce. The greenback strengthened ever since the day started against its commodity-rival, getting a boost early in the American session from upbeat US data and rallying equities.
Gold Report
BIDEN INAUGURATION TO HAVE LITTLE IMPACT ON GOLD
Today is inauguration day as Donald Trump’s presidency comes to an end, although market significance will be most likely minimal. Taking a look at gold’s performance in the chart below, around the time of inauguration day, there is no discernible implications for the precious metal.
Commodities Weekly Technical Research Report 18-02-19 To 22-02-19
Commodities Weekly Research Report
MCX Weekly Forecast : 11 February To 15 February 2019
Singapore/London: Gold is Hitting New Milestones of Misery, Gold Investors ‘Give Up Hope’ as Biggest Short in History Builds – Gold Silver Reports
Gold Silver Reports (GSR) – Exchange-traded funds tracking the metal have bled assets for 13 consecutive weeks, the longest run in five years, investors have placed the biggest gold short on record, and bullion’s chief foe—a strong dollar—is extending its market grip.
Gold Could Be Near a Bottom – Jim Cramer
Charts: Gold could be near a bottom from CNBC. Jim Cramer and technician Carley Garner inspect the charts related to gold to see if the precious metal could be ripe for a run.
Gold Report: Newmont Mining Poised for growth in Gold Sector
Gold Silver Reports – Gold Report: Newmont Mining Poised for growth in Gold Sector — Newmont Mining Corp laid out plans Thursday for new projects to grow gold production and cut costs, while reporting market-beating profits and output forecasts that position it to take the title of world’s largest bullion producer in 2018.
Gold Prices Kiss 4-Year Weekly High as $4 Trillion of US Debt Faces Bond Market – Goldman Neal Bhai Reports
Gold Silver Reports – Gold Prices Kiss 4-Year Weekly High as $4 Trillion of US Debt Faces BondMarket – Gold Prices neared their highest weekly finish against the Dollar in almost 4 years on Friday, trading 3.0% up for the week asthe US currency extended its drop on the FX market.
Global Gold Prices set for 4th Week of Gains
Gold Silver Reports – ✅ Global Gold Prices set for 4th Week of Gains – Gold prices on Friday held near three and a half month high that was reached in the previous session to remain on track for their fourth-straight weekly gain, with attention turning to US payroll data due later in the day.
Sleepy Gold Market Is Woken Up by Flurry of Trades
Gold Silver Reports – ✅ Sleepy Gold Market Is Woken Up by Flurry of Trades — On a day when blizzard warnings blanketed the U.S. east coast, gold trading in New York got off to a stormy start.
Gold is Starting New Year on the Front Foot — Neal Bhai
Gold Silver Reports – ✅ Gold Is on Its Best Run Since 2011 – Gold is starting the new year on the front foot. Bullion advanced for an eighth session to head for the longest stretch of gains since mid-2011, building on an annual surge.