Gold peaking too early in the cycle? ...Middle East

forex live - News

Gold surged to a fresh all-time high in thin trading earlier today, touching $2,148 but has now dropped by more than $80 in a stunning reversal as we get into European trading. The fall sees gold sit 0.4% lower on the day to $2,062 and slumps back below the 2020 and 2022 highs around $2,070-75.On the month, gold is still up by 1.4% at this stage but technicals are starting to look a little shaky especially if the above levels hold on the monthly chart. Traders have priced in a considerable amount of central bank easing for next year already and it might be tough to price in much more than that in the months ahead.Both the pricing for the Fed and ECB sees something along the lines of four to

Hence then, the article about gold peaking too early in the cycle was published today ( Monday 04/12/2023 - 11:37 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Gold peaking too early in the cycle? )

Last updated : 04 Dec 2023 clock 11:37 AM

Also on site :

Gold peaking too early in the cycle? ...Middle East

Abigail Spanberger makes history being sworn in as Virginia’s first female governor

Tennessee lands transfer commitment from former SEC, B1G DB

Flying soon without a REAL ID? TSA to roll out $45 fee in coming weeks

What Mark-Paul Gosselaar, Shanola Hampton Said About Toxic 'Found' Romance

What's A Knight Of The Seven Kingdoms Like? Allow The New Game Of Thrones Prequel's Cast To Explain

Opinion: Newsom’s presidential ambition complicates his final California budget

Fake Historian Jon Meacham Complains About Losing the 'Ethos of Omaha Beach and Gettysburg'

My Nephew Behaved Appallingly on Our Disney “Date.” My Sister’s Reaction Was Almost Worse.

Trump's Takeover Threat Sparks Protests In Denmark Supporting Greenland

Hubble Snaps Stellar Baby Pictures

Hundreds gather for People’s March in Rochester

Key Miami Starter Suspended for 1st Half of National Championship vs Indiana

Personal loss fuels mountaineer's historic trip down Mount Everest

Democrat Abigail Spanberger sworn into office as Virginia's first female governor

Iranian supreme leader admits thousands killed during protests and blames Trump