Goldhub blog: Posts tagged with "Gold"
Heavy selling has been seen across all four precious metals this morning. Gold has dropped $50/oz and is now trading around $1477/oz.
The break of the 200 day moving average - at about $1500/oz - seems to have triggered stop-loss selling.
RSI now oversold FWIW. https://t.co/Db5oDuRYaS
#Gold ETFs have seen net redemptions so far this month, totalling about 43t so far this month with European outflows seeing more selling than North American list funds. This contrasts with what we’ve seen over the past few months. https://t.co/LcUzpeQxUM
Twenty Years of the Central Bank Gold Agreement comes to an end today.
(short thread) https://t.co/qmscGo1wSa
#gold under some moderate pressure on Thursday during European morning trading, last around $1537/oz https://t.co/EIPvskPyEh
#Gold is just above $1530/oz in Tuesday morning trading, slightly higher than the US close on Monday and today’s Asian range.
With London out for a (sunny) bank holiday, I missed the extraordinary Asian range on Monday. https://t.co/XxAOPRdGEN
$Gold: consolidating above $1500/oz at the start of the week - last around $1502.80 following some volatility in early European trading. https://t.co/LdcEYztgbv
#Gold: currently trading around $1393/oz in European morning trading, failing to hold the $1400/oz level yesterday following renewed US dollar strength and a slight recovery in real yields. https://t.co/rIrc8tDXz6
Gold: Yesterday, India’s Ministry of Commerce released May trade data. India’s gold imports in May 2019 was 115.8 tonnes compared with 82.8 tonnes in May 2018.
This is this is the largest one-month import since August 2015. https://t.co/gPXIYpkrQ4