thedailygrams.com Are you curious about investing in gold but find the complexities of the precious metal market a bit overwhelming? Fear not, as we unravel the intricacies of gold trading in simple terms, providing valuable insights into understanding gold values and the factors influencing its prices. Gold Trading Insights: A Beginner’s Guide Understanding Gold Values Gold, … Read more
Introduction Ever felt like the gold market is the financial equivalent of the quiet before a storm? Well, you’re not alone. Currently, gold prices are doing a tango near a three-week low, and everyone is eyeing the U.S. inflation data like it’s the key to unlocking a treasure chest. So, what’s the deal with gold, … Read more
Introduction: This week’s financial rollercoaster saw significant market moves, from Core CPI to gold prices, making it crucial for investors to buckle up. We’ll explore the adventures in the Dollar Index (DXY), the 10-year bond market, and the thrilling twists and turns in the gold market, all while keeping an eye on keywords to ensure … Read more
In the latest market update, we witnessed a decline in gold by 3% and silver by 4% over the week. Last Friday, gold displayed a white candle with a doji, signaling potential distribution around the $2000 mark, leading to profit-taking. Multiple candles closing below their highs indicated heavy selling pressure and a subsequent mini-breakdown saw … Read more
Gold is like a thrilling rollercoaster these days, and it’s all because of Federal Reserve Chair Jerome Powell. Recently, Powell dropped a big surprise at an International Monetary Fund event. He basically said, “We’re not sure if our money plans are enough to control inflation.” This made gold traders gasp. Gold’s Rollercoaster Journey: Powell’s Surprise … Read more
in the last few days, gold prices have been on a bit of a downward side, thanks to the Federal Reserve’s hints at keeping interest rates on the rise. Let’s understand the twists and turns of the gold market, understand why it’s behaving the way it is Gold’s Rollercoaster Ride Last Friday, gold prices took … Read more
Gold prices recently held their ground after a speech by Powell, he said, “We need higher interest rates to keep this inflation monster in check.” But hold your horses, or should we say, hold your gold bars, because things got a bit tricky from there. Picture this: gold, the bling of the investment world, standing … Read more
Investors navigating the precious metal market have recently experienced a whirlwind with gold and silver prices showing signs of weakening. After gold’s impressive 7% surge in October, driven by a surge in safe-haven asset demand amid Middle East tensions, both metals are encountering a dip. Despite hitting its highest peak in US bond yields since … Read more
Gold prices fell to a three-week low on Thursday, extending a series of losses after Federal Reserve officials warned against bets that the central bank was done raising interest rates. The yellow metal was headed for a fourth straight day in red, amid pressure from a rebound in the dollar and Treasury yields. Waning safe-haven … Read more
The finance world went crazy yesterday as the US Dollar (USD) had a wild Wednesday. The DXY index skyrocketed to 105.90 before dropping back down to 105.55. What was the cause of this up and down? It looks like it was those falling Treasury yields that made the Dollar go on a roller coaster. Market … Read more