Gold bounces as yields slip after U.S. PCE data, underlining rate cut hopes

Gold bounces as yields slip after U.S. PCE data, underlining rate cut hopes. Front-month Comex gold futures bounce 1.2% on Friday after tumbling to lowest since July 9 on Thursday. Yields on the benchmark 10-year Treasury fell to a one-week low on optimism for a rate cut in September.

The Glitter Of Gold And What Drives Its Price

Commodity Roundup: Gold, oil fall as investors turn cautious ahead of U.S. economic data

Morgan Stanley analysts see positive Gold outlook by 4Q2024

Commodities Morgan Stanley analysts see positive Gold outlook by 4Q2024. Gold is up 50% from the 2022 lows and up 25% since mid-February. Physical selling of gold has driven the metal up. Morgan Stanley U.S. Economists believe the Fed cutting cycle will begin in September.

The Myth Of Central Bank Gold Buying

Gold recently surged to a new all-time high of $2,488 and 47% since October 2022. Central bank buying of gold has been cited as a key reason for the rally. Data shows their purchases have had a negligible impact on the market. Central banks have not proven to be smart money with respect to gold's direction.

Has An Age-Old Relationship Changed?

Are There Canadian Market Opportunities Hiding In Plain Sight?

Michael O'Brien, Managing Director and Head of the Core Canadian Equity Team at TD Asset Management says some Canadian stocks may be ripe for the picking. He says the Canadian market has been overshadowed by the excitement around AI and tech stocks. O’Brien says Canadian stocks are having a solid year and are not overvalued.

China's Third Plenum Provides Little Support To Metals

Safe Havens Gain Favor Amid Geopolitical Tensions And U.S. Election Uncertainty, Gold Above $2400/Oz, DXY Slips

Weekly Report: what happened at OUNZ last week (0715-0719)?

Why The Rally In Gold Prices May Have More Room To Run

Gold tumbles on profit-taking after record highs earlier this week

Gold tumbles on profit-taking after record highs earlier this week. First weekly decline for gold after three straight weeks of gains. Investors price in a Federal Reserve pivot to rate cuts as early as September. The probability of a Trump win in the U.S. Election rose to 70% last week.

What a Trump presidency could mean for commodities? JPM says gold stands out as winner

Gold posts second-highest close as U.S. rate cut hopes rise, Treasury yields fall

Gold posts second-highest close as U.S. Rate cut hopes rise, Treasury yields fall to March lows. Front-month Comex gold futures for July delivery posted the second- highest close ever. Markets now see a 98% chance of a September interest rate cut from the Federal Reserve.

Gold Hits Record High Of $2465/Oz Despite Positive U.S. Retail Sales Data

Gold settles at all-time highs; Citi sees potential for continued gains to $3,000

Gold settles at all-time highs; Citi sees potential for continued gains to $3,000/oz. Front-month Comex gold futures for July delivery closed at an all- time high. Comments from Fed officials ramped up expectations of a U.S. Interest rate cut in September.

Gold pops to record high as banks bet on two U.S. rate cuts

Gold futures hit all-time high as banks bet on two U.S. Rate cuts in 2024. August Comex gold futures hit record high of $2,466.40/oz, topping previous May 20 high of £2,454.20/oz. A weakening dollar has also supported gold prices this week.

Gold Price And Investment Outlook: 2024 And Beyond

Gold Provides Discipline To Fiat Money

Gold nears all-time highs as traders weigh impact of 'Trump trade'

Gold futures rose to their second highest closing levels ever as traders weigh impact of 'Trump trade' Analysts believe a Trump victory could weaken the dollar and boost the price of gold and other commodities. Front-month Comex gold for July delivery finished Monday at $2,422.90/oz, up 0.3%.