Gold Price Forecast: Long-Term Yields May Keep XAU/USD on the Backfoot

Positive vaccine progress, fiscal stimulus hopes and an unperturbed Federal Reserve may open the door for long-term Treasury yields to continue pressing higher, and in turn weigh on gold prices.

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Crude Oil Prices Eye OPEC+ after Inventory-Induced Bounce

Crude Oil prices found support after an EIA report showed a large draw in fuel products following a major US storm that dented refinery capacity. Thursday’s OPEC meeting is in focus.

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Australian Dollar Outlook: AUD/USD, AUD/NZD at Key Levels as Trade Data Looms

US equities moved lower as rising Treasury yields were back in focus. Meanwhile, the Australian Dollar faces key levels against the Greenback and New Zealand Dollar ahead of January trade data.

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OPEC Latest: Crude Oil Price Set-Up Ahead of OPEC Meeting

All eyes on the OPEC meeting for the oil complex where the cartel is expected to boost oil production.

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Gold Price Swooning as Yields Rise Ahead of Powell Speech

Gold price action is getting slammed lower again with Treasury bond yields back on the rise, but will the upcoming speech from Fed Chair Powell reinvigorate precious metal bulls?

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