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Gold bulls say broader rally is intact despite investors' dash for cash
Gold's appeal as it draws support from the widening conflict in the Middle East is expected to remain intact even if some investors have favoured the dollar as their preferred safe haven, traders and analysts said. They added that a sharp fall in gold prices on Tuesday was likely to draw in buyers. A flight to safety lifted the dollar index =USD by 0.5% on Tuesday, taking it to a more than three-month peak, as traders reassessed prospects for interest-rate cuts by global central banks - particularly in oil-importing countries that face a renewed surge in energy prices. Gold, typically viewed as a safe haven during ... (full story)
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From kitco.com | Mar 4, 2026
The gold market continues to see further volatility as Tuesday’s sharp selloff has attracted some buying interest; however, according to some analysts, the precious metal faces a fundamental headwind following better-than-expected private-sector employment data. ADP reported Wednesday that 63,000 jobs were created in February, significantly beating ...
Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines. If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible. No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD. The United States’ ECONOMIC and MILITARY MIGHT is the GREATEST ON EARTH — More actions to come. Thank you for your attention to this matter! President DONALD J. TRUMP
Gold’s powerful rebound from February lows has lost momentum after failing to sustain a move beyond technical resistance. The decline takes price into initial support, and a reaction here could determine whether the advance was simply overextended or whether a more meaningful pullback is developing. With volatility elevated amid the ongoing war in Iran and ...
