IG Group

PBoC left its gold reserves untouched for the second consecutive month and gold’s multi-month range remains in play.

2024-07-09T02:44:50+0100

Gold hit a new peak at $2431 but retracted after Fed officials signaled no imminent rate cuts. Fed comments on inflation adjusted market expectations, creating headwinds for precious metals.

2024-05-21T05:42:10+0100

With US rate cut expectations and a weak jobs report driving the euro higher, the EUR/USD faces potential resistance despite retail traders' bullish sentiment.

2024-05-08T05:37:58+0100

Gold's climb stalls despite strong central bank and Chinese buyer interest, while silver meets key resistance, spotlighting pivotal movements in metals market.

2024-04-12T06:50:11+0100

Bitcoin's recent 12% surge eyes a record high pre-halving, as Ethereum lags. Coinbase shares soar, mirroring crypto market's upbeat momentum.

2024-03-27T04:04:46+0000

Gold's gleam wanes: surging long bets and shrinking shorts signal potential price dip, despite recent 4.24% climb.

2024-03-26T04:11:39+0000

Tuesday's robust U.S. CPI data sends USD/JPY soaring, sparking speculation on interest rate shifts. Will the momentum continue? Expert analysis and technical insights reveal potential trading opportunities ahead.

2024-03-13T03:33:00+0000

Weekend data misses sent gold soaring to December highs. With key events ahead, including Powell's testimony, investors track the precious metal's move in the face of economic uncertainty.

2024-03-05T03:06:45+0000