Mon, October 03, 2022

Palladium Trading

Weekly Overview: Forex, Stocks, Crypto, Commodities

Weekly Overview: Forex, Stocks, Crypto, Commodities May 27

There were some notable ups and downs in global markets this week. Our weekly overview of forex, stocks, crypto and commodity markets will summarize this week’s overall global market performance and give you ideas on how to act and prepare for future market trends. Forex Weekly Overview The dollar was on the defensive yesterday as …

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Gold bars

Gold prices hover to 4-week low on rate hike worries

On Monday, gold prices slipped to their lowest in four weeks. The downturn came amid the prospects of aggressive policy tightening by the US Federal Reserve, denting the precious metal’s appeal. As of writing, bullion futures declined 1.92% or 36.70 points to $1,897.10 per troy ounce. The contract followed a drop of 0.71% to $1,934.30 …

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gold bars

Gold prices stall, but head for weekly gain

On Friday, gold prices eased as markets geared up for more aggressive central banks to curb worldwide mounting inflation. Subsequently, bullion contracts for June 22 dropped 0.61% or 12.20 points to $1,972.50 per troy ounce. Then, the spot gold declined 0.24% or 4.69 points to $1,973.55 per troy ounce. Nevertheless, the safe-haven demand triggered by …

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Palladium

Palladium drops after gaining on Russian supply risks

On Tuesday, palladium prices pared their previous gains after the suspension of two state-owned Russian refiners in London. Futures tied to the precious metal for June delivery slashed 3.79% or 91.53 points to $2,325.77 per troy ounce. It reversed its Friday climb of 1.65% to $2,463.00 per share. Similarly, spot palladium ticked 3.60% or 87.49 …

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gold

Gold dwindles as strong Dollar offsets Ukraine concerns

On Friday, gold traded within a tight range as the dollar firmed on prospects of aggressive US Federal Reserve. The latest trading session partially offset safe-haven metal’s demand amid the heightened Russia-Ukraine conflict. Bullion contracts witnessed a dip of 0.23% or 4.40 points to $1,933.40 per troy ounce. It moved negatively from a slight upturn …

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Gold

Gold prices firm as safe-haven demand remains strong

On Thursday, gold held an advance as safe-haven demand remained strong ahead of potential new sanctions against Russia. Accordingly, futures tied to the yellow metal strengthened 0.20% or 3.95 points to $1,941.40 per troy ounce. It extended its gain of 0.82% to $1,937.30 yesterday. Meanwhile, spot gold slightly declined 0.14% or 2.93 points to $1,941.39 …

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Gold prices in cautious trade ahead Fed meeting

Gold prices in cautious trade ahead Fed meeting

Gold declined amid the cautious trade on Wednesday as investors looked forward to the US Federal Reserve’s latest policy decision. Accordingly, futures tied to the yellow metal declined 0.46% or 8.60 points to $1,921.05 per troy ounce. It trailed a plunge of 1.59% to $1,929.70 per troy ounce yesterday, hovering around a two-week low. Nevertheless, …

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Gold

Gold ticks up as Russia sanctions unnerve markets

On Tuesday, Gold futures increased as traders digested the impact of sanctions imposed by Western countries against Russia. The safe-haven yellow metal edged up 0.94% or 17.80 points to $1,918.55. It reversed its loss of 0.60% to $1,900.70 during the previous session. Then, the Spot Gold increased 0.67% or 12.69 points to $1,921.86. It followed …

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