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On the long-term gold chart, the pullback from the highs in 2020 and the subsequent smooth recovery is a handle in a "cup-and-handle" pattern, whereby a cup has formed over eight years since 2012.
The dollar index fell 0.8% on Wednesday to a two-week low, improving gold's appeal for holders of other currencies. Front-month Comex gold for December delivery closed +0.7% to $2,639.90/oz, but ...
Gold (GLD) prices retreated sharply on Tuesday, dropping 1.5% as a resurgent U.S. dollar and improving investor sentiment diminished the precious metal's appeal. A rally in global bond markets ...
Gold Finishes at New Record as Equities Slide. Share. Resize. Listen (1 min) 1428 ET – Gold rise above the $3,400/oz threshold for the first time and closes up 3% at $3,406.20 a troy ounce.
Strategists at two giant Wall Street banks closed out their bets on gold as the traditional haven gets a hammering from investors shifting to risk-on mode. JPMorgan Chase & Co.’s asset ...
JPMorgan and Citigroup Get Out of Gold to Tilt Toward Risk Gold tumbled as much as $30 an ounce in Thursday session Citigroup shorts bunds, JPMorgan more negative on sovereigns ...
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