Gold keeps losing ground

18 September, 2017

Gold keeps losing ground on Monday. The previous upward momentum lost strength at 1330 dollars per once. After facing selling resistance at the level the pair turned around and softened to 1320 last week. The spot opened in the red on Monday, gapped downwards and started a day at 1315. The price eyes a support at 1310 dollars per once loss of which would trigger further weakness towards 1300.


Source  
US-China trade relations in focus13 Nov, 2019  

On Monday, Asian markets traded mainly in the red zone. Investors reacted negatively to Donald Trump's comments that the United States and...

Demand for gold grows amid growing tensions9 Oct, 2019  

Gold is gradually recovering its previously lost positions amid falling expectations of investors regarding the results of a new round...

Asian markets higher, oil rally goes on10 May, 2018  

Oil prices extended gains in early trading hours as expectations for further reductions in global supply levels continued to build following Donald...


What's behind the oil rally?9 May, 2018  

The oil market has been going crazy in the last few days. On Monday, the US West Texas Intermediate crude for June delivery rose nearly 1.5 percent...

If Buffett is not investing on bitcoin...7 May, 2018  

Last week we have spoken about Warren Buffett's dislike for Bitcoin and the whole cryptocurrency world. Fine... it is not that he doesn't like it...

Equity indexes mixed in Asia3 May, 2018  

Markets in Asian traded mixed on Thursday as investors digested a widely anticipated interest rate decision by the US Federal Reserve while looking...


Asian stocks extend gains30 Apr, 2018  

Asian equity markets were mostly higher on Monday, with investors focusing on geopolitical tensions over the Middle East while keeping an eye...

Equity indexes in Asia rise24 Apr, 2018  

Asian equity indexes moved into green territory on Tuesday despite a weak lead from Wall Street on the back of higher Treasury yields and as traders await...

Trading activity is on the lowest20 Apr, 2018  

The light news flow and a break in US-Chinese trade rhetoric give the equity markets a positive momentum amid so far positive reporting season in the US...