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Source: Forexcom News Agency
1 week ago
Forex Medium Importance
Gold weathers violent rates move ahead of US CPI

Gold weathers violent rates move ahead of US CPI

Given the scale of the rout in global bond markets and rebound in the US dollar, gold has held up remarkably well, even if it hasn't been immune to those macro headwinds. Whether that resilience can persist may be determined by the US inflation report due later Friday, along with gyrations in the crude oil price.

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Source: Forexcom
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Source: Action Forex News Agency
1 week ago
Forex Medium Importance
Gold Is Falling, but Silver Has the Bigger Problem as Oil Drives Yields Higher

Gold Is Falling, but Silver Has the Bigger Problem as Oil Drives Yields Higher

TL;DR: Gold and Silver are both falling as oil-driven yields lift Fed hike expectations, but Silver is losing twice—once through the same rate pressure hitting Gold, and again through its industrial-demand exposure—a divergence the Gold/Silver ratio has just confirmed with a decisive breakout.

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Source: Action Forex
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