Gold pulled back at the start of the week as geopolitical tensions eased and the focus shifted to US economic data and earnings reports. The yellow metal defied gravity in recent weeks, clinging to gains despite rising yields and a strengthening dollar. Technically, gold remains overbought, but a breakdown in support levels could signal a potential trend reversal.
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Bitcoin price corrected gains and tested the $65,650 zone. BTC is now consolidating losses and might start a decent increase if it settles above $68,000.
Gold sticks to modest intraday gains, above the $5,000 psychological mark, through the first half of the European session, though it lacks bullish conviction amid mixed cues. The third round of US-mediated negotiations b…
Silver price gains further to near $76.30 ahead of the release of FOMC minutes.In the January policy meeting, the Fed paused the monetary easing cycle.The progress in the US-Iran nuclear talks will likely diminish Silver…