Citi lifts near-term gold target to $4,800, JPMorgan flags $5k
Citi’s upgrade and JPMorgan’s near-term trading range both point to a market still comfortable adding to ...
Gold holds near three-month high as debasement trade returns
Gold’s rally is holding even as the yield relief from the Treasury’s buyback plan has fully unwound, but ...
Tanker struck by projectile off Oman, UKMTO says
Another reported strike on a tanker adds to a run of incidents that have kept a risk premium attached to oil prices e ...
Oil slips over $2 as traders shrug off fresh US sanctions on Iran
Crude sold off sharply despite the ratcheting up of US pressure on Iran, underlining how much of the recent risk prem ...
ICYMI – Morgan Stanley lifts Brent forecast to $100 as oil market tightens
Morgan Stanley’s upgraded forecasts point to a market that is tightening faster than expected, with falling oil ...
Gold rises to the highest since May 15 as dollar doom spreads
Gold is higher by another $65 to $4668 in the third large gain in the past four trading days. That’s helped to ...
Gold remains supported into Jackson Hole event after US Treasury ignited ‘debasement’ trades
FUNDAMENTAL
OVERVIEW Gold surged on Wednesday after the US Treasury announced that it will at
least doub ...
ICYMI – India gold imports double in July as WGC flags demand recovery
The doubling in India’s gold import value points to a meaningful pickup in physical demand from the world’ ...
ING says fiscal credibility fears drive gold back to above $4,600 an ounce
ING’s framing ties gold’s advance directly to the fiscal and currency debasement narrative building aroun ...
Weekend Hormuz traffic thins to fewer than 20 vessels, Kpler data shows
The weekend’s sub-20 vessel count is a sharp step down even by the standards of a strait already operating unde ...
ICYMI: Goldman says options demand could push gold past $4,900 forecast
Gold’s volatile trading in Asia today could be reflective of the options dynamic Goldman describes, where deale ...
Gold hits a 3 month above $4640 … then get slammed $50 lower under $4600
No fresh news apart from what has been covered.
This article was written by Eamonn Sheridan at investingliv ...