technical

Gold faltered in its brief recovery stint above the $4,000 mark in early Wednesday’s trading, reverting toward seven-month lows of $3,942 reached a day ago.

Commodities are all about the US Dollar (USD) strength or weakness these days. Silver flirts with $60 an ounce in the American session, after trading as low as $56.61 at the beginning of the day.

Gold is down nearly 1.50% so far in Tuesday’s Asian trading, sitting at a fresh seven-month low as the key $3,950 psychological barrier gave way amid a renewed wave of selling.

Middle East war back-and-forths keep market participants in cautious mode.

The Aussie Dollar continues to lose momentum, remaining unable to not only find a catalyst that prevents the currency from falling further but also reverse course and at least start trimming its recent weakness  Meanwhile, developments in the US Dollar and geopolitics appear to have weighed on the A

United Kingdom (UK) Greater Manchester Mayor Andy Burnham has stated during the European trading session on Monday that his plans after getting the leadership position would be consistent with Labour’s 2024 manifesto.