DCrewold

GOLD Spot gold extends steep ascend into sixth straight day and posted new highest since Sep 2011 ($1888) on Thursday. Global concerns about post-pandemic recovery that prompted investors into safety, were boosted by rising political tensions between the US and China. Also, the dollar continues to t

Having settled last week just above the $1900 mark, Gold (XAU/USD) kicked-off the Fed week with a bang, hitting a fresh life-time high at $1944.76. Stops got likely triggered on a break above the previous record high of $1921.14, which called for a quick $25 rally. The traditional safe-haven extends