Tag: Experts

Commodities market comment Today’s market analysis on behalf of Ahmad Assiri Research Strategist at Pepperstone Gold Amidst the shifting sands of global trades, gold continues to shine as a pivotal hedge against the turbulence wrought by tariff policies and trade war. With the rollout of tariffs on imports from Canada and Mexico, coupled with ramped-up duties on China, there has been a noticeable surge in gold buying. This...

Gold Ends -Eigh Wteek Winning Streak, Hits New Low Near $2,833/Oz Written by Linh Tran, Market Analyst at XS.com Gold ended last week down near $2,858 per ounce as economic data indicated a complex inflation situation and the strength of the U.S. dollar was reinforced by market expectations that the Fed would maintain its hawkish stance. Last Friday, gold officially ended an eight-week winning streak. On the same...