Wednesday , 27 November 2024
Home Forex Gold prices may have found a temporary equilibrium – TDS
Forex

Gold prices may have found a temporary equilibrium – TDS

Macro funds skillfully managed to liquidate nearly 60% of their extreme position size in the weeks that followed the US elections, mitigating subsequent downside risks, barring a change in the prevailing macro narrative, TDS’ Senior Commodity Strategist Daniel Ghali notes.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Assuming Trump actually puts the tariffs on Canada and Mexico

Few people think Trump will actually follow through with 25% across-the-board tariffs...

US Dollar retreats after GDP, PCE data meets forecast

In Wednesday’s session, the US Dollar Index (DXY), which measures the value...

Dow Jones Industrial Average tests new record high on Wednesday

The Dow Jones Industrial Average (DJIA) rose to another all-time high on...

United States Baker Hughes US Oil Rig Count declined to 477 from previous 479

United States Baker Hughes US Oil Rig Count declined to 477 from...