-
Dollar Weakness Remains Primary Driver of Gold Prices
The precious metals market has experienced a period of muted volatility over the past two trading sessions, with gold futures posting modest gains of approximately 0.41% from yesterday's opening price. This relatively subdued movement stands in stark contrast to the heightened volatility that has characterized gold trading in recent periods, suggesting a market in consolidation. The relationship between gold and the U.S. dollar has been the primary driver of recent price movements, with today's session providing a particularly clear illustration of this dynamic. Gold futures advanced 0.27% in direct response to ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
The Producer Price Index for final demand rose 0.9 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in June and moved up 0.4 percent in May. (See table A.) On an unadjusted basis, the index for final demand advanced 3.3 percent for the 12 months ended in July, the largest 12-month ...
From finance.yahoo.com | Aug 13, 2025
video Gold (GC=F) could face downside if the dollar continues to rebound. DeCarley Trading commodity broker and analyst Carley Garner explains why a return to early-year dollar levels could push gold below $3,000. You mentioned in your notes to us that gold and the US dollar, they've moved in opposite directions about 93% of the time over the last nine ...
From fxempire.com | Aug 13, 2025
Gold: chart Gold gains some ground as traders focus on the continuation of U.S. dollars pullback, which is driven by bets on dovish Fed. From the technical point of view, gold needs to settle above the support at $3350 $3360 to have a chance to gain sustainable upside momentum. Silver: chart Silver attempts to settle above the $38.50 level as ...