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Gold bulls reign supreme after conquering $2000 level
Gold prices held above the psychological $2000 level on Wednesday, hitting levels not seen in 13 months thanks to a weaker dollar and speculation around the Fed’s tightening cycle nearing an end.
The past few weeks have been rough for gold.
After securing a solid weekly close below the $1825 level back in late June, bears were injected with fresh inspiration as various fundamental forces fuelled the downside momentum
European stocks markets and US futures are in relatively buoyant mood while oil prices fell over 2% on more hopeful signs of a peaceful end to the Ukrainian crisis.
Gold prices held above the psychological $2000 level on Wednesday, hitting levels not seen in 13 months thanks to a weaker dollar and speculation arou...
The past few weeks have been rough for gold.
After securing a solid weekly close below the $1825 level back in late June, bears were injected with fr...
European stocks markets and US futures are in relatively buoyant mood while oil prices fell over 2% on more hopeful signs of a peaceful end to the Ukr...
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Dollar
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S&P500
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