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Tag Archives: Gold

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Gold Down, Near Nine Month Lows as Fed Comments Boost Dollar, Bond Yields

NewsBy Peet Serfontein05/03/2021Leave a comment

Gold was down on Friday morning in Asia, staying near a nine-month low and headed for a third consecutive weekly decline. U.S. Federal Reserve Chairman Jerome Powell disappointed investors with his views on the Treasury yields pushing both the dollar and bond yields up.

Gold Woes Continue for Longs as $1,700 Support Tested

NewsBy Peet Serfontein04/03/2021Leave a comment

Gold longs are unable to shake off their misery yet, with the yellow metal suffering its sixth setback in seven days after futures briefly broke below the key $1,700 support on Wednesday.

Gold Down Alongside Falling U.S. Treasury Yields

NewsBy Peet Serfontein03/03/2021Leave a comment

Gold inched down on Wednesday morning in Asia, with U.S. Treasury yields continued their fall and put pressure on the yellow metal.

Gold Down, Even as Calm Returns to Treasury Yields

NewsBy Peet Serfontein02/03/2021Leave a comment

Gold was down on Tuesday morning in Asia, even with a retreat in U.S. Treasury yields and progress on a massive stimulus package in the U.S. cheered investor sentiment.

Gold Steadies After Worst Month in Four Years as Yields in Focus

NewsBy Peet Serfontein01/03/2021Leave a comment

Gold steadied after its biggest monthly slump since late 2016 as investor focus remained on bond yields and the outlook for growth.

Gold Sinks With Wall Street as U.S. Bond Yields Run Riot

NewsBy Peet Serfontein26/02/2021Leave a comment

Gold struggled to stay above mid-$1,700 territory Thursday, joining the plunge in most commodities and stocks on Wall Street after U.S. bond yields ran riot to the upside, triggering a so-called value-assets rally on bets the Covid-struck economy may do better than the Fed says.

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