World > News

Gold Price Analysis: XAU/USD extends losses below $1,730 amid broad risk-on sentiment

1 month ago   |   By FXCM

Gold prices print two-day losing streak with an intraday low of $1,720.87.
US President's step back from using further military powers to tame the riots fuelled the risk-on sentiment off-late.
Cautious optimism surrounding the coronavirus vaccine, hopes of economic restart also weigh the bullion.
US data, headlines concerning the protests, virus and US-China relations will be important to watch.
Gold prices drop to $1,725.96, down 0.12% on a day, amid the Asian session on Wednesday. Recent market optimism seems to have weighed on the precious metal as headlines from the US start flashing...
Read more ...

 


Search by Tags

   News      Markets      US      Economics      Watch      Europe      Donald Trump  


Guardiola frustrated after identifying key area Man City must improve in

Guardiola frustrated after identifying key area Man City must improve in

Pep Guardiola identified the one key area his side must improve in after slipping to defeat versus Southampton, and refused to point the blame at Ederson's after Che Adams'... Read more ...

British Falkland's War hero shot dead at his home in South Africa

British Falkland's War hero shot dead at his home in South Africa

A BRITISH Falklands War veteran has died after being shot during an armed robbery at his home in South Africa. Read more ...

Coronavirus in Ireland LIVE - No new Covid deaths recorded as scenes of...

Coronavirus in Ireland LIVE - No new Covid deaths recorded as scenes of crowds of drinkers in Dublin ‘utterly condemned'

THERE have been no new Covid-19 deaths recorded in the past 24 hours, health officials have confirmed. It means the death toll remains at 1,741 while the total number of cases... Read more ...

US dips below 50,000 new cases but experts fear July 4 will act like 'rocket...

US dips below 50,000 new cases but experts fear July 4 will act like 'rocket fuel' for pandemic 

Fewer than 50,000 new cases of COVID-19 were reported in the U.S. on Saturday for the first time in four days, but there was little jubilation. Florida and Texas held mass July... Read more ...

Keanu Reeves and girlfriend Alexandra Grant get dressed up for dinner with...

Keanu Reeves and girlfriend Alexandra Grant get dressed up for dinner with Matrix 4 cast

Keanu Reeves brought girlfriend Alexandra Grant as his plus one Keanu Reeves met up with his Matrix 4 co-stars for dinner this weekend and brought along a very special guest... Read more ...

Black Lives Matter protester dies after hit-and-run driver ploughed into her

Black Lives Matter protester dies after hit-and-run driver ploughed into her

Summer Taylor, who worked at a veterinary clinic in Seattle, US, died after she was struck by a white Jaguar during the Black Lives Matter protest Read more ...

Ghislaine Maxwell and Kevin Spacey pictured posing on Buckingham Palace's...

Ghislaine Maxwell and Kevin Spacey pictured posing on Buckingham Palace's thrones on a private tour hosted by Prince Andrew

A photo has emerged which appears to show Ghislaine Maxwell and Kevin Spacey posing on the thrones of Buckingham Palace in 2002. The duo and former US president Bill Clinton... Read more ...

We depended on the NHS during lockdown - and it didn't let us down

We depended on the NHS during lockdown - and it didn't let us down

Today we say thank you again to the NHS on its 72nd birthday As the nation gears up for one last Clap For Carers at 5pm today to mark the NHS' 72nd birthday, we spoke to five... Read more ...

Burnley ‘consistency' is the next step for Wilder and Sheff Utd

Burnley ‘consistency' is the next step for Wilder and Sheff Utd

Burnley and Sheffield United keep chasing a chance of playing in Europe next season after John Egan scored a second-half equaliser to earn the Blades a share of the spoils in... Read more ...

Matt Hancock insists ‘vast majority' of Brits enjoyed Super Saturday responsibly

Matt Hancock insists ‘vast majority' of Brits enjoyed Super Saturday responsibly

The health secretary defended Brits' behaviour on Saturday amid fears that there was a lack of social distancing The health secretary has insisted that the vast majority of... Read more ...