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Market analysis, gold prices and trading, updated continuously.
The Canadian dollar hits a new low as expectations of Fed rate hikes rise, impacting USD/CAD exchange rates.
Eurozone inflation concerns impact EUR/USD and could indirectly affect the gold market.
The US Dollar Index (DXY) remains close to 13-month highs, which could impact gold prices.
Trump and Iran's disagreement over a recent deal could affect the gold market.
The British Pound increased as US-Iran talks provided a positive foundation, despite UK political turmoil.
Silver prices rose on Monday, impacting the gold market and highlighting the benefits of automated trading.
EUR/JPY extends gains, testing the nine-day EMA barrier above 185.00.
Iran has closed the Strait of Hormuz, citing ceasefire breaches by the US and Israel.
Brent oil has returned to $80, with the market back to pre-conflict levels with Iran.
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.