Gold (XAU/USD) is trading lower in the $2,340s on Tuesday, despite sentiment taking a negative turn (normally positive for Gold) on the back of concerns that demand in China – Gold’s largest market – might be fading.
Related Articles
US Senator says Federal Reserve should sell some of its gold reserves to buy bitcoin
Republican Senator Cynthia Lummis of Wyoming spoke with CNBC:"The proposal that I...
UBS – British pound faces dollar dominance amid inflation and BoE rate cut
A note from UBS highlights that despite stronger-than-expected UK inflation data and...
PBOC sets USD/ CNY reference rate for today at 7.1942 (vs. estimate at 7.2502)
The People's Bank of China set the onshore yuan (CNY) reference rate...
Singapore official says trade tariffs could renew inflationary pressures, disrupt easing
A trade official in Singapore with the comments:Global economic uncertainties have increased,...
Leave a comment