Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Gold slips as markets go risk-on
As the prospect of a ceasefire in the Middle East garners yet more traction and European stocks advance, there are some immediate question markets over the attractiveness of gold in the short term. Consequently, the metal has just now slipped to fresh session lows, as it re-approaches the $2,700 handle. Perhaps there is a question being asked right now and it is; do I want to hold gold when stocks and risk are surging? A valid question for sure and one that is seemingly being answered right now, with a no. Gold has just now hit a fresh session around $2,703.50. It is currently trading at $2,704.20
Market News
All News-
US data on the agenda shortly this afternoon as EUR/USD rebounds to touch 1.0800
At 12.30pm GMT we will get a number of US economic releases. Perhaps the headline those will be the final Q4, 2024 revisions on GDP and PCE. Nothing... -
Gold lifts close to record levels
An earlier update this morning noted how Gold buyers had a good reason to return to the market today. Well, since then the metal has advanced further... -
DAX reclaims some lost ground, but how much further can it rebound?
Earlier this morning the DAX opened lower and crumbled to a new low on the week, at 22,469. The index had closed yesterday at 22,839 and reopened this...
