Wednesday, September 20, 2023

China lifts gold import limits after yuan recovers, lowering local gold premium

China lifts gold import limits after yuan recovers, lowering local gold premium: China lifts gold import limits after yuan recovers, lowering local gold premium China’s central bank, the People’s Bank of China (PBoC), has lifted the temporary limits on gold imports that were a...

Monday, June 12, 2023

Gold price going into Fed decision: selloff or test of $2k?

Gold price going into Fed decision: selloff or test of $2k?: Gold price going into Fed decision: selloff or test of $2k? With Federal Reserve rate hike expectations see-sawing on mixed macro data, most analysts call for a pause in June but are not ruling out mo...

Friday, March 3, 2023

Rising USDX, U.S. Treasury yields put price pressure on gold, silver

Rising USDX, U.S. Treasury yields put price pressure on gold, silver: Rising USDX, U.S. Treasury yields put price pressure on gold, silver Gold and silver prices are weaker in early U.S. trading Thursday, as rising U.S. Treasury yields and an appreciating U.S. dollar on...