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Gold

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Oil Tops $100 as Middle East Tensions Fuel Inflation and Gold Faces Fed Risks – Comments from Century Financial

Gold & Silver Gold is trading near $4,395 (+0.9%) after recovering from a three-day decline, with a weaker US dollar providing some support to bullion. The dollar has come under pressure as the Japanese yen strengthened on expectations of further Bank of Japan tightening, improving the appeal of dollar-denominated gold. However, the broader environment remains […]
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The Great Commodity Stampede Hits Gold and Grains- Saxo Bank

Commodities   In commodities, the latest reporting week to 25 August covered the period following the surprise US Treasury bond buyback announcement, which triggered a rush into hard assets, particularly precious metals, while the accompanying dollar weakness provided broader support across the commodity complex. It was also a week in which the geopolitical temperature
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Gold Eyes $4,700, Oil Nears $90 as Iran Risks and Jackson Hole Drive Markets – Comments from Century Financial

Crude Oil WTI crude oil ended the previous session 2.15% lower and is currently trading at $85.02, down 0.82% in today’s session. Prices are currently testing the 9-day EMA, making it a key near-term level for intraday momentum. The recent weakness comes despite a supportive geopolitical backdrop. The U.S. has announced broader sanctions aimed at […]