Gold news analysis: On Friday (November 16), spot gold was last traded at $1,980.65 / ounce, up more than 2% from Friday's three-week low. While gold ended the week with strong gains, prices have retreated from Thursday's highs. Cooling inflation pressures and growing weakness in the US Labour market have led markets to start questioning the Fed's plan to keep...
Last week, as data showed that the U.S. economy was gradually slowing down, U.S. stocks were mixed and bonds climbed, intensifying speculation that the Federal Reserve will end its interest rate hike. Crude oil prices continue to fall, internal and external oil prices are under pressure, short-term in the supply and demand side of no major sudden bearish...
Crude oil news analysis: On Tuesday (October 31) in the European market, crude oil prices traded near $82.32 / barrel, as the Middle East supply concerns eased, the "war premium" faded, oil prices fell more than 3%. In addition to the situation in the Middle East, investors should also pay attention to the economic data released this week. Oil prices fell more...
Gold latest market trend analysis: Gold news analysis: Last week, the gold price maintained a high consolidation posture, failed to stay above $2,000, last week fell nearly $10, there are analysts pointed out that the gold price failed to convincingly break through $2,000, which caused some caution in the market, some analysts said that gold may need to...
Gold latest market trend analysis: Gold news analysis: During European trading on Tuesday (October 31), gold prices traded near $1,993 per ounce, and market participants should continue to pay close attention to headlines about the Israeli-Palestinian conflict. The easing of the crisis could open the door for a sharp downward correction in gold prices, which...
Crude oil latest market trend analysis: Analysis of crude oil news: On Tuesday (October 3) in the US market, the US crude oil price traded near 88.80 US dollars/barrel. As the dollar strengthened, traders took profits on fears of demand pressure from rising crude supplies and high interest rates. Oil prices fell about 2% on Monday to a three-week low. The...
Gold latest market trend analysis: Gold news analysis: On Tuesday (October 3), gold recovered sharply from $1,915, and gold prices fell for a seventh consecutive day, which has fallen to a near seven-month low. The hawkish outlook from the Fed, rising US bond yields, and a bullish dollar continue to weigh on precious metals. Technical analysis pointed out that...