Gold +6.7% on the Week, Fear Grips Markets — August 9 Preview
With gold surging nearly 7% this week and sentiment stuck in fear territory, traders brace for what's next as the dollar hovers near 100.
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With gold surging nearly 7% this week and sentiment stuck in fear territory, traders brace for what's next as the dollar hovers near 100.
Soft NFP data is pushing out Fed hike bets and pressuring the dollar, setting gold up for a potential breakout as fear grips markets at 29.
With fear & greed at 29 and the dollar rising ahead of US jobs data, gold's weekly surge of 4.9% faces its next big test Friday.
Tools
Quick bullion calculators for junk silver, coin premiums, ratio tracking, and unit conversions.
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