Andz50

Andz50

Gold price stays firm for the second consecutive day so far, drawing support from the recent retracement in the US Treasury bond yields across the curve, fuelling the corrective downside in the US Dollar (USD) against its major currency rivals. The US bond yields have embarked upon a correction mode as investors remain wary of the impact of the potential fiscal...

Andz50 Updated 

As we can see, gold is consolidating and will look to move higher for several reasons: Major concerns around gold include the likely implementation of tariffs on European and Chinese imports by the Trump administration, combined with an easing of business regulations and fiscal policy Gold prices are expected to remain supported by geopolitics, particularly the...