The gold market is losing its cool before the upcoming storm of the U.S. debt ceiling. The yellow metal was under selling pressure on news of U.S. government shutdown. Gold price opened the trading session … Continue reading
The African Standard bank released its daily commodities analysis and report for October 1st. The report analyzed the U.S. government shutdown consequences on the market. The markets moved vigorously while some traders say “Everything will … Continue reading
The African Standard bank released its daily commodities analysis and report for September 30th. The markets were “dull” as there was little change due to the lack of direction because of the anticipated U.S. debt … Continue reading
The gold market looks calm before the storm. Investors are waiting for gold market fundamentals to start stronger movement of gold price. The U.S. debt ceiling issue and the USD movement are the main drives … Continue reading
The African Standard bank released its daily commodities analysis and report for September 26th. The report focused on analyzing gold physical demand. Gold physical demand provided price support on approach of $1,300 per ounce. The … Continue reading
The gold market looks calm before the storm. Investors are waiting for gold market fundamentals to start stronger movement of gold price. Gold price opened the first trading session for the day, September 26th at … Continue reading
The African Standard bank released its daily commodities analysis and report for September 25th. The bank focused on platinum and palladium market. Gold price found strong resistance around the $1,330 level on attempts to rally. … Continue reading
Gold investors seem to take it easy after the vigorous move of the past few sessions. The yellow metal is still under selling pressure after the spike in prices over the conclusion of the Fed’s … Continue reading
The past week was anything but ordinary. Many mainstream expectations didn’t come true. For instance, the tension in the Middle East eased, the FOMC meeting conclusion came surprising, U.S. economy didn’t recover fully yet from … Continue reading
The African Standard bank released its daily commodities analysis and report for September 16. The report discussed the current gold market fundamentals. Larry Summers withdrawal from being the next fed Chairman caused the market to … Continue reading