Gold price rises on Fed decision
Gold has rebounded this week after the Federal Reserve Bank announced a May rate hike. Au dipped down ahead of the Fed meeting, but spot gold will close higher overall th...
06 May 2022
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Gold has rebounded this week after the Federal Reserve Bank announced a May rate hike. Au dipped down ahead of the Fed meeting, but spot gold will close higher overall th...
06 May 2022
Spot gold was pushed down last week to back below US$1,900. Greenbacks remain strong as the Federal Reserve Bank is expected to increase rates at next week’s FOMC. Major...
28 April 2022
After rejecting US$2,000 per ounce last week, look for gold to consolidate between US$1,940–60 in the lead up to the May Fed meeting.
26 April 2022
Spot gold traded US$10 per ounce higher on US CPI data, reaching a four-decade high. Though Au had a muted response to the high inflation numbers coming out of the US, la...
14 April 2022
Managed money positioning has declined in gold for the fourth week in a row, and gold-backed ETF inflows have eased. Gold is coming under pressure from rising real yields...
08 April 2022
Spot gold has struggled to move this week, though the yellow metal appears to be finding support around these levels. With the Fed ‘lift off’ underway, there is little no...
01 April 2022
The Russia-Ukraine conflict continues. This was unable to provide support to gold this week. US Treasury yields jumped as the Federal Reserve Bank raised rates, further d...
18 March 2022
Spot gold traded above US$2,000 again this week, reaching an intra-week high of US$2,069. Ongoing conflict from Russia and inflation fears drove gold up…
11 March 2022
Gold continues to rally amongst the Russian-Ukrainian conflict. The Australian Friday trading session has been an extremely volatile, with gold rallying to an intra-sessi...
04 March 2022
News of Russia’s first missile strike saw gold leap nearly 1% in five minutes, with the yellow metal extending to an intra-session high of US$1,974 shortly after Russia’s...
25 February 2022
Inflation didn’t move gold, but geopolitical tensions did. Gold’s rally this week has been driven higher on fear. Maintaining this seven-month high may be challenging unl...
18 February 2022
Spot gold reached its highest level overnight in two weeks as US inflation soared to a 40 year high. Fears of entrenched inflation in the US and a lack of promising signs...
11 February 2022
Gold has shrugged off the hawkish tone from the Federal Reserve Bank this week, with a handful of factors keeping gold elevated…
04 February 2022
Gold broke above the past barrier of US$1,830s, touching the low US$1,840s overnight, pushed higher by three key factors, real rates, risk off mode and increasing geopoli...
21 January 2022
Santa brings a gold rally: Gold popped overnight, up 0.26% to US$1,804 at the time of writing.
23 December 2021
Gold’s leapt higher overnight in a surprising move. Some media outlets initially attributed gold’s rally to the Bank of England increasing rates (more below) however what...
17 December 2021
Gold is clearly consolidating, after the November plunge it’s now hugging previous support. This is a positive sign.
10 December 2021
The Federal Reserve Bank drops ‘transitory’ from their language, pushing gold down. Though the yellow metal appears to be consolidating and looking for support. This week...
03 December 2021
After last week’s rally extending all the way up to an intraday high of US$1,877 last week, gold has pivoted at high speed and went straight back to familiar support at U...
26 November 2021
Gold pauses this week after last week’s rally. While the yellow metal did give the US$1,870 price level a nudge on Wednesday, it’s dipped back to US$1,859 at the time of...
19 November 2021
The world’s favourite precious metal did what it does best this week, rewarding patient investors with an incredible rally on the back of critical economic data. This new...
12 November 2021
The Australian dollar did a sharp U-turn during the week, falling from 75 US cents to 73.88 US cents at the time of writing. This 1.5% drop lifted the Australian gold pri...
05 November 2021
Gold’s trading range continues to narrow. This week the yellow metal has barely moved US$30 per ounce. The good news is that gold has managed to hold onto some of last we...
22 October 2021
Gold has broken higher and meets some pas resistance.A strong move up this week. Perhaps it's time for some cautious optimism...
15 October 2021
Another week of minimal price action. Gold continues to hug the key price level of US$1,750. The yellow metal appears reluctant to budge until the markets receive the US...
08 October 2021
We’re looking at our third rough week for the spot gold price. The US dollar continues to strengthen. The hawkish tone coming from the Federal Reserve Bank is snuffing ou...
01 October 2021
Fed lays out tapering schedule, All isn’t lost bulls,Outliers that may spark a gold rally, Gold versus the global money supply,
24 September 2021