Gold Prices Down with Stocks as the US Dollar Gains on Haven Demand
of clients are net short. Long
News
of clients are net short. Long
News
2021-07-19 02:00:00
Ilya Spivak,
Head Strategist, APAC
GOLD PRICE OUTLOOK:
Risk-off flows face few barriers from barebones economic, earnings calendars
Technical positioning hints gold upswing from late June might have topped
Gold prices fell alongside stocks on Friday as a disappointing US consumer confidence survey from the University of Michigan sent markets scrambling. The headline sentiment gauge unexpectedly dropped to a five-month low.
As noted ahead of the release, rising prices emerged as a key concern. The survey’s tracking of one-year inflation expectations put the projected rate at 4.8 percent, the highest in 13 years. Shares fell and haven demand buoyed the US Dollar, applying pressure on perennially anti-fiat bullion.
Crude Oil Prices Shrug as OPEC+ Strikes Output Increase Deal
dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
When Black veterans defended D C from a white supremacist siege
georgetownvoice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from georgetownvoice.com Daily Mail and Mail on Sunday newspapers.
July 2021: The Next Full Moon is the Buck Moon – NASA Solar System Exploration
nasa.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nasa.gov Daily Mail and Mail on Sunday newspapers.