Gold Answers to the Fed, Not Fear
Gold is traditionally seen as a safe haven, but this week's price movement tells a different story.
Market analysis, gold prices and trading, updated continuously.
Gold is traditionally seen as a safe haven, but this week's price movement tells a different story.
NZD weakens against USD due to Fed's restrictive monetary policy expectations.
Silver prices fell on Friday, a movement that may influence the gold market and highlight the benefits of automated trading.
Silver prices continue to decline as investors react to the Fed's rate policy.
The US dollar reached a one-year high as the Fed held rates steady, while the pound fell.
The euro declines to a two-month low against the dollar, partly due to Fed rate hike expectations.
AUD/USD trades near 0.7030 as the Australian Dollar struggles to gain while USD is supported by recent US labor market data.