Sentences with phrase «strengthening gold market»
Strengthening Gold Market Indicates EU / Greece Pact is Imminent.
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As with everything else in the stock market, there are exceptions to the rule, but I have found that gold typically strengthens as the US dollar weakens (and vice versa).
Gold prices and the U.S. dollar continue to be dueling forces in the market, with one of the big narratives centering around tumbling gold prices as the U.S. dollar continued to strengtGold prices and the U.S. dollar continue to be dueling forces in the market, with one of the big narratives centering around tumbling gold prices as the U.S. dollar continued to strengtgold prices as the U.S. dollar continued to strengthen.
Analysts seem to expect the dollar to continue strengthening while gold prices fall as the market zeros in on the negative correlation between these two assets, highlighting its importance over other factors impacting gold prices.
The strengthening April Gold market is a strong indication that the pact between the European Union and Greece is imminent, thereby driving up demand for risky assets.
«The Middle East is an exciting market for us and we will continue to strengthen our position here with our diverse portfolio of brand offerings to cater to the growing demand for Gold - Standard serviced accommodation in this region.»
After a volatile week in global markets in which the US dollar strengthened, interest rates moved smartly higher, and gold came under extreme selling pressure, bitcoin was one of the beacons of strength, holding its value at the 700 BTC / USD level.