Weakening USD fuels commodity bull narrative
Traders are actively discussing USD weakness (DXY discussions prominent) and its relationship to gold, oil, and currency pairs (EURUSD, GBPUSD). As the dollar indexes lower, commodity hedges and precious metals are attracting new inflows, particularly around inflation-protection narratives tied to ongoing Middle East supply constraints.
R- BloombergGold Heads for Weekly Drop as Inflation Fuels Rate-Hike Bets
Gold headed for a weekly decline as a war-driven surge in US inflation fuels expectations for higher interest rates.
7h ago - BloombergGold Fluctuates as Market Weighs Federal Reserve Rate Path
Bloomberg's James Attwood joins Vonnie Quinn on "Bloomberg Markets." Gold swung between gains and losses as investors weighed the Federal Reserve’s interest-rate path after US data this week showed a war-driven surge in inflation. (Source: Bloomberg)
12h ago - Yahoo FinanceMine restarts support West Africa’s gold recovery in 202614h ago
- BloombergIndia Takes More Measures to Curb Gold Imports
India has further tightened rules for importing gold into the country, as Prime Minister Narendra Modi steps up efforts to defend the rupee amid the Middle East war.
16h ago - Yahoo FinanceGold Fluctuates as Market Weighs Federal Reserve Rate Path16h ago
- Yahoo FinanceBillionaire Eric Sprott put 98% of his $3 billion fortune in gold and silver — and says gold is headed to $10,00016h ago
- Yahoo FinanceNorthstar Gold targets Allied Gold Zone expansion at Miller property16h ago
- Yahoo FinanceGold and silver prices today, Thursday, May 14: Gold holds, silver stays strong19h ago
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Tracking the US dollar cycle — DXY levels, trade-weighted moves, Fed-driver path and the cross-asset trades that ride or fight the dollar trend.