Gold is higher this week with the precious metal rallying 4.74% to close at $1280 on Friday, its largest weekly gain in nearly 2 years. The advance comes amid a larger correction in the U.S. Dollar which came under tremendous pressure mid-week after the release of the minutes from the latest FOMC meeting and subsequent comments from FED
You might be interested in …
FIA survey shows strong outlook for cleared derivatives markets
FIA conducted a survey at the beginning of 2021 to assess the outlook for the global cleared derivatives industry. The survey gathered feedback from people working at banks, brokers, exchanges, technology vendors and other firms that support the trading and clearing of derivatives such as futures and options.
Gold rallies as dollar sinks
Gold for August delivery (CNS:GCQ3) climbed $39.40, or 3.2%, to $1,286.60 an ounce in electronic trade. The signal that the Fed will likely maintain an accommodative policy stance boosted gold prices, as quantitative easing by […]
Jerome H Powell: Closing remarks – “Pushing the frontiers of payments: towards faster, cheaper, more transparent and more inclusive cross border payments”
Jerome H Powell, Chair of the Board of Governors of the Federal Reserve System, at “Pushing the frontiers of payments: towards faster, cheaper, more transparent and more inclusive cross border payments”
Latest Posts
