Category: Commodities Trading
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Gold Price Strengthen Significantly in Quieter Holiday Trading – Kitco NEWS
Amidst opening of the holiday season, the gold market witnesses a noteworthy activity. Contrary to the usual quiet trading in these periods, we have observed the price of gold strengthen substantially. The strength demonstrated by gold highlights the commodity’s status as a viable investment in times of uncertainty. While economic activities simmer down during the…
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Bear Flag Breakdown Introduces Uncertainty into Gold Prices – Insights from FX Empire
With the recent bear flag breakdown, the gold prices face a significant deal of uncertainty. This precarious situation comes hot on the heels of a period of relative stability in the trading of the precious metal. The decrease in demand, combined with unpredictable economic conditions across the globe, has stirred this uncertain situation. Will the…
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Silver (XAG) Outlook Amid Jobs Report and Pricing Pivots
As the jobs report looms ominously over the global markets, investors are keenly focused on the potential impact on silver (XAG) prices. With a recent pivot point at $30.44, there is speculation that this could be a significant turning point to steer silver higher. The increase in raw materials’ demand due to potential job growth…