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Metals Weekly Round-Up: Gold Reverses March Losses

The gold price reached a four week high of US$1,757 per ounce this session following a disappointing performance in March. Gold reached a four week high of US$1,757 per ounce this session after a disappointing March. The early April rally comes courtesy of weaker 10 year Treasury yields and a lower US dollar. After slipping to a six month low of US$1,721 on Monday (April 5), the yellow metal made two sharp gains, breaching the US$1,750 threshold on Thursday (April 8). As the dollar and yields r...
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Gold Price Pushes Higher, Has the Metal Bottomed?

Catch up and get informed with this week’s content highlights from Charlotte McLeod, our editorial director. For the first time in awhile, it’s safe to say it’s been a week of clear upward momentum for gold. After starting the period around US$1,730 per ounce, the yellow metal was trading at about US$1,745 at the time of this writing on Friday (April 9) afternoon.  Gold’s price increase came alongside the release of the US Federal Reserve’s latest meeting minutes on Wednesday (April ...
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