Wed, May 22, 2024

Palladium Trading

gold

Gold Nears $2,400 as Economic Indicators Signal Upturn

Quick Look: Gold shows a modest uptick: Current spot price of $2,391.78/oz, hinting at continued bullish sentiment. Silver and platinum vary: Silver dips to $29.56/oz, while platinum rises to $1,068.67/oz. Economic indicators: Weakening US Dollar and low Treasury Yield influencing metal prices. In today’s trading session, gold prices have shown a modest uptick. Besides, the …

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Palladium

Palladium Falls to $1,041 Amidst Global Shifts

Quick Look: Current price falls to $1,041.05, down 2.91% today and 5.32% annually. Influenced by geopolitical events and shifts in auto industry demands. Palladium futures remain active, with an uncertain market outlook. In recent trading sessions, palladium has witnessed a notable decline. The current price reached  $1,041.05. Thereby showing a daily decrease of 2.91% and …

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Palladium

Palladium Dips to $1,058.88: 4.11% Overnight Drop

Quick Look Today’s opening price for palladium is $1,058.88 per ounce, marking a 4.11% decline from the previous day. The price has fallen 3.70% since the beginning of the year, reaching a 52-week low of $854.70 on February 13, 2024. Palladium’s peak in March 2022 reached $3,440 per ounce, influenced by geopolitical tensions. Palladium prices …

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Gold

Gold Hits $2,081, Eyes Record Highs Amid Fed Speculations

Quick Look Gold (XAU) prices slightly declined to $2,081.11 per ounce, staying close to a two-month peak. Last week’s approximately $50 surge hinted at softer inflation and potential interest rate cuts. The market anticipates a Federal Reserve rate cut in June, with probabilities increasing to 74%. Gold’s outlook remains bullish, with a keen eye on …

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Luzuna Review

Luzuna Review

  Examen du courtier Luzuna Luzuna Review: Introduction In the intricate world of online trading, the significance of a reliable and innovative broker cannot be overstated. While navigating the volatile currents of financial markets, investors and traders are in constant pursuit of a platform that understands their needs and offers trust and efficiency. Luzuna, a …

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Commodity Trading

Commodity Super Cycle: Recent Market Trends

The world of commodities had quite a rollercoaster week recently. Prices went up and down, and it’s not just about numbers; it’s about people. It’s because of folks worrying about the Federal Reserve’s rate decisions and strong labour market data. People investing in commodities aren’t always sure what’s happening, and they’re talking about something called …

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Opticapital Review

Opticapital Review

First Impressions Opticapital.com offers financial trading services and manages more than a thousand trading accounts. The broker has quickly risen to the top ranks of financial brokers by establishing significant relationships and providing a broad selection of tradeable assets. We were pleased to find that many countries, such as, St. Vincent & the Grenadines, the …

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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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