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BREAKING: Gold Sinks 6% in Worst Month Since 2016
Photo: Reuters Investing.com - Gold ended November down almost 6%, booking its worst month in four years, as relentless news of progress in Covid-19 vaccines and the diminishing need to hedge against an economic collapse continued to divert money from safe-havens into risk markets and crypto currenc
27.11 - Gold continues to feel the pull of gravity
Gold continues to feel the pull of gravity after facing rejection at $1818 for two consecutive days. Despite the uncertainty about the coronavirus vaccine development and continued escalation in the infections globally, gold remains vulnerable amid thin trading conditions on Black Friday. The XAU/US
[Where Did You Gold?] Pelosi Admits That Stimulus Will Still Stalemate Before The U.S. Election. Gold Flopped to 1910.
Kuala Lumpur 10:30 a.m. (GMT +8) - In Asian markets, the U.S. dollar index rebounded and currently trading at around 92.80; spot gold fell rapidly in the short-term and even touched the $1910 per ounce at one point. The rebound of the dollar pressured the gold prices towards the bearish trend. Meanw
[Golden Scout] Gold Rally Enters Third Day On Stimulus Chase As Dollar Wilts.
Illustration photo for Gold from investing.comKuala Lumpur 4 a.m. (GMT +8) - Gold rallied for a third straight day on Wednesday as the dollar tumbled and bulls in the yellow metal chased the prospects of a Covid-19 economic stimulus before the U.S. election in two weeks.Spot gold, which reflect
It’s time to show your strength
During 2 weeks this market is very volatile and many people lost there money in stock market, oil, gold and forex. You have to understand it is nature of this market, you have to understand when to reduce your exposure(reduce position and keep some cash). You will see that from recent month I less a
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