Gold took a tumble yesterday in sync with wider equities markets following the interest rate announcement by the Federal Reserve. Sentiment towards gold was rather bullish ahead of the 25 point rate...
Dollar
platinum to gold price wider than ever as dollar strength knocks metals
Precious metals have all taken a bit of a knock in recent months with a revival in the strength of the US Dollar. Platinum is an interesting one in particular – there are a number of factors in play...
Gold and oil on the cusp of breaking out
The Gold price has hit its head on resistance numerous times this year – it appears increasingly keen to get moving! Over the past month, the precious metal has wound itself up like a coiled spring...
Gold consolidates as the US Dollar still can’t make up its mind ($GLD, $DXY)
The Gold price has been treading water recently and for good reason. The intrinsically-linked US Dollar strength has been in a period of indecision, repeatedly dipping below and above a key support...
Commodities take a tumble as the US Dollar Index rises above its 50 Day Moving Average (USD)
Commodities have slumped this afternoon after the US Dollar Index took a good look at its 50 Day Moving Average (DMA). The move wipes the shine off recent risers, Gold, Silver, Platinum and...