Archive for Tag: gold trade ideas

Gold

Gold Down, Near Two Week Low Over Firm Dollar, Rising Treasury Yields

Gold was trading 1.49% up at $1687.60. Gold was down on Tuesday morning in Asia, dropping to its lowest level in more than two weeks. Investors turned away from the safe-haven asset as the quickening vaccine rollout and the prospect of more stimulus measures in the U.S. saw the...

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Gold price today: Yellow metal struggles below Rs 44,900; silver near Rs 65,150

NEW DELHI: Gold and silver futures traded flat on Thursday as support from easing US Treasury yields was offset by a strong dollar, which emerged as a preferred safe-haven amid growing concerns about extended lockdowns in Europe. US Treasury yields dipped after the Treasury saw average demand for an...

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Gold Down, But Boosted By Weaker Dollar, Further U.S. Stimulus Bets

Gold was down on Friday morning in Asia, easing as U.S. Treasury yields gained but also aided by a weaker dollar and further U.S. stimulus bets. Gold Futuresedged down 0.17% at $1,862.65 by 11:35 PM ET (4:35 AM GMT). The dollarinched down on Friday. Benchmark treasury yields remained higher...

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Gold Perks up As Treasury Nominee Yellen Hints at Big Fiscal Deficit

Gold prices gained a leg higher on Tuesday, reacting to U.S. Treasury Secretary nominee Janet Yellen’s plans to fight the coronavirus-induced economic crisis with big spending. Gold for february deliveryon New York’s Comex settled up $10.30, or 0.6%, at $1,851.40 per ounce. The benchmark gold futures contract had been...

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Gold Down Over Strengthening Dollar, Despite Expectations of More U.S.

Gold was down on Monday morning in Asia, dropping to its lowest in one-and-a-half months over a strengthening dollar even as expectations of further U.S. stimulus measures mount. Gold Futures were up 0.14% at $1,827.40 by 11:12 PM ET (4:12 AM GMT), after falling to the lowest levels since...

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Gold Down, Investors Await Biden’s “Trillions” in Stimulus Plans

Gold was down on Thursday morning in Asia, with investors awaiting details on U.S. President-elect Joe Biden’s plans for further stimulus measures. Gold Futureswere down 0.85% at $1,839.20 by 12:16 M ET (5:16 AM GMT). U.S. Treasury yields and the dollarboth saw rebounds on Thursday. Benchmark ten-year Treasury yields...

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J&J MAY NOT MEET U.S. COVID-19 VACCINE SUPPLY TARGET BY SPRING

Johnson & Johnson (NYSE:JNJ) is facing unexpected delays in the manufacturing of its coronavirus vaccine and may not be able to supply the doses it promised the federal government by spring, the New York Times reported on Wednesday. U.S. federal officials have been told that J&J has fallen as...

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EUROPEAN STOCKS UP, INCREASED U.S. COVID-19 VACCINE ROLLOUT RAISE RECOVERY HOPES

Euro stoxx 50 futures fell 0.03%, German DAX futures were up 0.03% and Britain’s FTSE futures were up 0.18%, pointing to a subdued start to European trade. Investors are betting that the incoming Biden administration would ramp up U.S. distribution of coronavirus vaccines and spend big on more stimulus,...

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Gold Down Over Firmer Dollar, High U.S. Treasury Yields

Gold was down on Tuesday morning in Asia, declining slightly as a firmer dollarand high Treasury yields outweighed U.S. political uncertainty and rising numbers of COVID-19 cases globally. Gold Futuresinched down 0.03% at $1,850.20 by 11:05 PM ET (4:05 AM GMT). Benchmark Treasury yields continued at 10-month highs as...

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EUROPEAN STOCKS PAUSE FOR BREATH AS BOND SELLOFF EXTENDS

EURO STOXX 50 futures fell 0.67% and FTSE futures were up. Stocks took a breather on Tuesday, easing from record highs as political turmoil in Washington and rising coronavirus cases gave pause, though a selloff in U.S. Treasuries extended as investors reckon on a big spending government. The yield...

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