ECB

In a recent report released by the World Gold Council (WGC), global physically backed gold exchange traded funds (ETFs) suffered a substantial setback, recording a combined outflow of $6.7…

The eagerly awaited release of the May Nonfarm Payrolls (NFP) report in the United States is scheduled for Friday at 12:30 GMT. However, preceding this event, a series of…

Asian markets rallied on Monday, driven by renewed optimism that central banks might soon lower interest rates. This positive sentiment followed Friday’s key US inflation report, which showed headline…

Gold prices (XAU/USD) struggled to gain traction during the Asian session on Monday, hovering near a three-week low touched last Friday. This stagnation arises from mixed market forces: while…

In a resolute stance, gold prices are holding steady against the euro, unmoved by the European Central Bank’s decision to keep interest rates unchanged while expressing confidence in their…

In a surprising turn of events, the spot gold price has demonstrated resilience, disregarding the ascent of Treasury yields and a robust rally in the US Dollar as trading…

Central banks play a pivotal role in a country’s financial stability and economic well-being. One of the intriguing aspects of central banks is their practice of holding gold reserves.…

The Gold spot price, XAU/USD, is displaying remarkable resilience, firmly above the 20 and 200-day Simple Moving Average (SMA) convergence, currently hovering between $1,922 and $1,923, with an ascent…

In the early hours of Tuesday’s Asian trading session, the gold price continues to stand its ground, hovering around the $1,930 mark, marking the fourth consecutive day of gains.…

Gold prices exhibit slight upward movement during the Asian session on Thursday, signaling a halt to a two-day decline that led to a nearly three-week low in the $1,906-$1,905…