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14/08/2018 Gold’s Drop Below $1,200 Triggers Stop-Loss Liquidation - TD Securities
Overnight losses forced TD Securities out of its long gold and silver positions, despite the bank’s outlook that precious metals will recover from the recent slump by the end of the year.“We were stopped out of our long gold and silver positions overnight at a loss of 2% and 11%, respectively,” TD Securities head of global strategy Bart Melek and... Read more -
13/08/2018 Pushing Higher on Safe-Haven Demand Heading Into Uncertain Weekend
Gold prices are at their daily highs and moderately up in late-morning price action Friday. Safe-haven buying interest has kicked in heading into an uncertain weekend on the foreign exchange front. Currency markets are roiled and the U.S. dollar index has hit a 13-month high as the Turkish lira is in trouble, with European countries also having... Read more -
08/08/2018 | PRECIOUS-Gold steady, dollar headwinds on the radar
* U.S. Treasuries a refuge from trade tensions * SPDR Gold holdings hit lowest in a year (Updates prices) By Pratima Desai LONDON, Aug 8 (Reuters) - Gold prices steadied on Wednesday, but expectations of a higher dollar due to rising U.S. interest rates and strong demand for U.S. Treasury bonds seen as a refuge from trade tensions are expected to... Read more