Gold prices surged to an 11-month high, reaching 2,750 USD per troy ounce, a level last seen in November of the previous year. The metal’s rally reflects heightened demand for safe-haven assets amid escalating global trade tensions and a weakening US dollar. Drivers of Gold’s rise The growing appetite for Gold comes as fears of […]
The post Gold Reaches 11-Month High as Global Demand for Safe Assets Surges appeared first on Action Forex.
Daily Pivots: (S1) 0.9032; (P) 0.9077; (R1) 0.9102; More… Intraday bias in USD/CHF stays neutral for now, as the pair is in mild recovery. Price actions from 0.9200 are seen as a near term corrective Read more…
Despite being pressured in the past few days, Dollar remains relatively resilient, refusing to drop despite renewed selling pressure earlier today. US President Donald Trump’s tariff rhetoric is having a diminishing effect on markets, as Read more…
Over the last few days, over half of the American population — 165 million people across 36 states — have been dealing with some sort of snowstorm or extreme temperatures. In the Northeast corridor stretching Read more…