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Gold’s Safe-Haven Appeal Fades, Oil Down 3%

2024-11-26 | Market Analysis

Gold’s Safe-Haven Appeal Fades, Oil Down 3%

Gold’s safe-haven appeal fades with over a 3% drop after reports of ceasefire discussions in the Middle East. Oil prices decline amid easing geopolitical risks.

Gold’s Safe-Haven Appeal Fades, Oil Down 3%

2024-11-22 | Market Analysis

Gold Prices Soar While Oil Futures Rebound Amid Geopolitical Risks

Gold climbed to a two-week high amid heightened geopolitical tensions, while oil futures rebounded, supported by concerns over potential disruptions

Gold’s Safe-Haven Appeal Fades, Oil Down 3%

2024-11-21 | Market Analysis

Gold Rallies on Russia-Ukraine Tensions, Oil Falls After EIA Data

Gold prices rise for a third consecutive session, reaching a one-week high at $2,655.27/oz, as geopolitical tensions escalate. Oil prices dip as EIA data shows

Gold’s Safe-Haven Appeal Fades, Oil Down 3%

2024-11-20 | Market Analysis

Gold Climbs on Russia-Ukraine Tensions; Crude Oil Edges Up

Escalating Russia-Ukraine tensions and a weaker dollar pushed gold to a weekly high, closing at $2632.08/oz, while crude oil gained slightly

Gold’s Safe-Haven Appeal Fades, Oil Down 3%

2024-11-19 | Market Analysis

Gold and Oil Rally on Geopolitical Tensions

Gold breaks a six-day losing streak, climbing above $2,610 as geopolitical risks rise. Crude oil surges over 3% following supply concerns from Norway

Gold’s Safe-Haven Appeal Fades, Oil Down 3%

2024-11-15 | Market Analysis

Gold Slips to Two-Month Low; Oil Prices Edge Higher

Gold hits a two-month low at $2,536.68/oz amid a strong dollar rebound, while oil prices rise nearly 0.4%, supported by declining US fuel inventories

Gold’s Safe-Haven Appeal Fades, Oil Down 3%

2024-11-13 | Market Analysis

Gold Falls Below $2,600, Oil Slightly Up

Gold extended its decline, breaking through the $2,600 mark with strong bearish momentum. Daily candlesticks show consecutive large drops,.

Gold’s Safe-Haven Appeal Fades, Oil Down 3%

2024-11-12 | Market Analysis

Gold Drops Over 2%, Oil Futures Plunge 3%

On Monday, the “Trump trade” continued, driving the USD to its highest level since early July.

Gold’s Safe-Haven Appeal Fades, Oil Down 3%

2024-11-08 | Market Analysis

Gold Rises Above $2,700, Oil Futures Close Up Nearly 1%

On Thursday, the “Trump trade” cooled as the Fed cut rates by 25 basis points, causing both the dollar and U.S. Treasury yields to retreat.

Gold’s Safe-Haven Appeal Fades, Oil Down 3%

2024-11-07 | Market Analysis

Trump Victory Boosts Dollar Surge! Gold Drops 3%, Oil Futures Close Lower

On Wednesday, Trump’s U.S. presidential win drove investors into the dollar, pushing the dollar index to a nearly four-month high.