Gold Daily Review for August 2, 2018
|The price of gold remains in a downtrend and expectations of two US interest rate increases this year are likely to ensure it remains weak.|
|Today, we looked at the growing congestion in the USD index and a couple of pairs which haven’t been as confined; also checked in on gold as it continues to …|
|BI PRIME: If trade tensions between the US and China worsen, companies with high sales exposure to China would be at risk, Goldman Sachs’ equity strategists said. They identified the 13 most-exposed companies.|
|Gold futures settled lower on Wednesday, then edged higher in electronic trading as the benchmark U.S. dollar index held onto a modest gain after the|
|Global demand for gold fell 6 percent in the first half of this year – the lowest first-half total since 2009, according to the World Gold Council (WG|
|Gold prices may find a lifeline as signs of trade war escalation between the US and China sour market sentiment and weigh on bond yields.|
Have a nice trading!