Gold shows signs of life as it claws its way back above $1,800 on the session

Gold climbs by nearly 1% to $ 1,810 as the dollar softens a little to start European morning trade today After falling and closing below $ 1,800 yesterday, gold looked poised to move towards a retest of the November low @ $ 1,764.80 as sellers keep with the downside break. But at least for now, […]

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Fed’s Bostic hints next leg of sharp M2 expansion may be around the corner, Gold breaks $1800

Gold futures climbed above $ 1800 level after one of the architects of the Fed’s current monetary stance, Rafael Bostik, made a less optimistic assessment of the US economic recovery than Fed Chairman Powell. Right in the midst of surprising economic updates in May and June, the head Atlanta’s Federal Reserve Bank said he sees […]

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Gold Up, Remains Within Striking Reach of $1,800 

© Reuters. By Barani Krishnan Investing.com – Gold stayed within striking distance of the $ 1,800 per ounce target on Monday, with the safe-haven crowd keeping the yellow metal in positive territory despite an unexpected ramp up in risk by investors shrugging off some of their fears over the Covid-19. for August delivery settled up […]

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