Gold price rallies to weekly high as dollar pulls back. gold dollar markets
“The factors in regards to Russia and the discussion of annexation… that probably gave a bid to the market from a safe-haven perspective,” Meger added.
Moscow was poised on Wednesday to annex a swath of Ukraine, releasing what it called vote tallies showing support in four partially occupied provinces to join Russia, after what Kyiv and the West denounced as illegal sham referendums held at gunpoint. Moreover, “gold is seeing some relief as the UK’s plan to buy long-end Gilts sees yields weaken,” TD Securities said in a note. Still, bullion has failed to benefit from the recent rout in equities and faces headwinds from looming rate hikes, which would raise the opportunity cost of holding the metal.
“It’s all tied together — the same factors that have been weighing on gold have been weighing on equities,” Meger said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Week 4 NFL power rankings: Who takes over No. 1 spot after losses by Bills, Chiefs?Losses by the Bills and Chiefs this week left a vacancy at the top of the Week 4 NFL power rankings. .ByNateDavis explains which team ascended to the top spot.
Weiterlesen »
Bright Spot: Cycling across the nationOur bright spot shines on young cyclists who spent the summer biking across the nation to build affordable housing.They even passed through Rochester in June on
Weiterlesen »
Can you spot who’s wearing heels in this optical illusion?Can you spot who's wearing heels in this optical illusion?
Weiterlesen »
Islanders prospect William Dufour a bright spot in ugly preseason loss to DevilsNeither of the Islanders’ top two prospects is likely to earn a spot with the NHL club out of training camp, but there was a brief glimpse of what that future could bring on Tuesday night.
Weiterlesen »
Darin Ruf running out of chances for Mets postseason roster spotDarin Ruf acknowledged what Mets fans have noticed: His at-bats since joining the club have not been great.
Weiterlesen »
IVE’s “After LIKE” Guards No. 1 Spot; Soompi’s K-Pop Music Chart 2022, September Week 4IVE’s “After LIKE” is the No. 1 song for the third week in a row! “After LIKE” has also accumulated 11 music show wins. Congratulations to IVE! After remaining at No. 4 for the past three weeks, BLACKPINK’s “Pink Venom” moves up two spots to No. 2. Rounding out the top three is Girls’ Generation’s
Weiterlesen »