With the prospect of the Federal Reserve halting its monetary tightening, the price of gold is approaching $2,000 per troy ounce. Gold prices rise to almost a […]
Gold price rises on hopes of slowing US inflation
All posts tagged: FED
Why interest rates matter for forex trading
The main factor affecting the currency market is interest rate changes made by any of the global central banks. These changes to interest rates are significant for […]
No clear direction for the gold price
Fed rate hikes pause expectations and fragile market sentiment to act as a tailwind for the gold price which shows no clear direction. Investors look to FOMC […]
Oil prices fall on weak FED energy report
The oil price is falling, it fell by about one percent on Wednesday, although the commodity is on track to rise by about five percent this week. […]
Traders started selling gold futures after Powell’s testimony
According to global trading platform Capital.com, retail volumes in gold CFDs (Contracts for Difference) reported a one-day decline of 88 percent on March 7, 2023. During the […]
Gold prices may go lower, but now is the time to build a strategic position
Now is the time for investors to look at building a strategic position in the gold market, according to one market strategist, as gold prices are expected […]
