Ironically the usual inverse gold-dollar technicals aren’t driven by currency fundamentals, but by gold-futures trading. Each contract controls 100 ounces of gold, worth $269,650 at midweek prices.

Gold has demonstrated remarkable resilience in the face of a surging U.S. dollar and rising Treasury ... increasing by roughly $1 trillion every 100 days, fiscal concerns have become a significant ...

The dollar index (DXY00) Monday rose by +0.52% and ... Swaps are discounting the chances at 100% for a -25 bp rate cut by the ECB at the March 6 policy meeting. USD/JPY (^USDJPY) Monday fell ...

Gold slides as DXY cleared 110.00 for the first time since November 2023. Traders trimmed Fed rate cut odds, after US jobs data, CPI eyed. XAU/USD sellers eye $2,650 and 100-day SMA near $2,630.

Swaps are discounting the chances at 100 ... gold climbing to a contract high and nearest futures (G25) climbing to an all-time high of $2,880.50 an ounce. Wednesday's slide in the dollar to ...

1554 ET – Extended strength of the U.S. dollar ahead of President-elect Trump’s inauguration next week was felt in gold prices — with the front-month gold contract closing down 1.3% to $ ...

They said that gold rates today are on an uptrend despite the soaring US dollar as the market expects a US Fed rate cut, triggered after the softening of US inflation and retail sales data for ...

Impact of US-China Trade War on Gold The trade war is likely to strengthen the US dollar. A stronger dollar results from global economic uncertainty as investors seek safe-haven assets.

cementing a years-long trend of nation states growing their gold stocks in favour of reserve currencies like the dollar. “Gold’s performance in times of crisis and its lack of default risk are ...

Expectations of a steady Federal Reserve policy and the possibility of a future rate cut further contribute to a mixed outlook for the US Dollar. Gold (XAU) experienced a sharp rally and broke the ...

Gold futures set a new all-time high on Thursday, as the dollar declined after the latest U.S. economic data showed weaker than expected growth in last year's Q4. Inflation adjusted GDP rose by an ...

Gold barely reacted to the news, as most of the data revealed during the week, led by Retail Sales featured on Thursday, suggest the economy is solid. The US Dollar ... the 50 and 100-day Simple ...