Gold Market Review: Yellow Metal Managing a Breath as USD Weakens

Last week USD was volatile due to the continuous release of U.S. economic data, FOMC meeting minutes and monthly jobs report. As a direct result, the dollar-denominated yellow metal was trembling as well. (Source: goldprice.org)   Bullion Sank to New 2018 Low On July 2, Monday, US manufacturing report on Business was released by the […]

Gold Market Review: The Great Escape of Gold Holders

Gold Slid to a New 2018 Low Despite concerns about the trade war between the U.S. and China, gold price didn’t act as the traditional safe haven this time and unexpectedly got a 0.56% setback over the past week. Its $1,267.20 per ounce closing price on Thursday reached the lowest since last December. (Source: goldprice.org) […]