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Forecasts & Analysis |
Gold Price Prediction – Prices Ease as the Dollar Continues to Rally
Gold prices were heavy and continued to trading under pressure as the dollar rallied despite a decline in US yields. Stronger than expected US existing home sales helped buoy the greenback which paved the way for lower gold prices. The dollar continued to benefit from a safe-haven bid, which has
Carvana Shares Jump Over 30% as Company Eyes Record Q3 Sales and Revenue
A leading used-car retailer Carvana Co’s shares jumped over 30% on Tuesday after the company said that they aim to achieve records in performance across several important metrics, including sales and revenue, in the third quarter, following a recovery in auto sales in the United States.
Oil Mixed As Traders Hope That New Anti-Virus Measures Will Have Limited Impact On Demand
Oil is swinging between gains and losses amid uncertainty about the pace of demand recovery in the fourth quarter.
Gold Bulls Challenged on a Sustained Break Below $1900/oz
Gold dropped below $1900/oz on technical selling yesterday only to climb back above when the break was met with strong buying interest through exchange-traded funds. While maintaining a positive outlook, the latest price action has turned the short-term outlook more neutral with additional dollar strength and stock market weakness being
Corona Strikes Back In Europe. Will It Boost Gold?
The number of new daily infections in Europe is rapidly increasing, even reaching new heights. That is a reminder the second wave in fall or winter is upon us.
Natural Gas Price Fundamental Daily Forecast – Specs Betting Jump in LNG Demand Will Boost Deferred Contracts
Spot prices in Europe and Asia rising, which means that U.S. LNG exports to both continents are poised to rise this fall.
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