Tags : gold analysis

Commodities

Gold after US data!

Market sentiment is positive. By: Ahura Chalki Market analyst – IFC Markets Published data so far is positive. Despite missing the expectation of 800K, ADP numbers were much better than 565K of last month by showing 742K new positions. On the other hand, Markit composite and Service PMI, both more than expectations and above 60, confirming the excellent rebound […]Read More

Commodities

Gold gained momentum; USD is losing again! 

Time to sell? By: Ahura Chalki Market analyst – IFC Markets The new week started again, lowering the Bonds Yields and USD, which again helped the Gold to keep rising, in the background of increasing the market risk, with new restrictions in New Delhi and some other parts of the globe. Earlier today, the yellow metal […]Read More