FX Empire

Gold and US Dollar Price Action In the Last Four Weeks Gold opened at $1977 on Monday, April 18, and this would mark the beginning of four consecutive weekly declines. As of 5:10 PM EDT gold futures basis, the most active June 2022 Comex contract is fixed at $1810.30 after factoring in today’s decline of $14.30 or...

Key Insights Silver prices traded lower as inflation data underpins aggressive rate tightening. Treasury yields soared after the market faced immense selling pressure this week.  Oil prices rose on Friday but traded lower for the week as global demand concerns outweighed lingering supply issues. ...