Gold steadies near 9-month lows, silver slides to weakest since summer 2020

By admin July 12, 2022 #10-Year U.S. Treasury Note Continuous Contract, #9month, #a, #article_normal, #C&E Exclusion Filter, #commodity, #commodity markets, #Commodity/Financial Market News, #Comp, #Content Types, #Copper Continuous Contract, #Copper Sep 2022, #DJIA, #Dow Jones Industrial Average, #DXY, #E-Mini Dow Continuous Contract, #E-Mini S&P 500 Future Continuous Contract, #ES00, #Euro, #EURUSD, #Factiva Filters, #financial market news, #GC00, #GCQ22, #Gold, #Gold Aug 2022, #Gold Continuous Contract, #Gold Markets, #HG00, #HGU22, #lows, #Metals Markets, #n, #N/A, #NASDAQ Composite Index, #PA00, #Palladium Continuous Contract, #Palladium Sep 2022, #PAU22, #PL00, #Platinum Continuous Contract, #Platinum Oct 2022, #PLV22, #Precious Metals Markets, #S&P 500 Index, #SI00, #Silver, #Silver Continuous Contract, #Silver Sep 2022, #SIU22, #slides, #SPX, #steadies, #Summer, #TY00, #U.S. Dollar Index (DXY), #weakest, #YM00

Gold rises as European inflation data undermines dollar

Gold traded modestly higher on Tuesday after recording its weakest settlement level in nine months as it continues to feel the pressure from a stronger U.S. dollar.

What are prices doing ?

What’s driving the market ?

Since gold hit its 2022 peak north of $2,000 per ounce back in March, it has been largely driven by the strong dollar which is at a 20 year high based on the index DXY measuring its strength against major currencies, while higher Treasury yields, which have stolen some of the precious metals’…

Post Views: 120

By admin

Leave a Reply Cancel reply

From Idea to MVP: A Step-by-Step Guide for Non-Technical Founders

Internet Network Marketing Recruiting Success

How Do You Embrace a Growth Mindset?

Top 10 Tips to Align Your Authentic Business With Your Passion And Purpose