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(Kitco News) - There is optimism in the gold space after Federal Reserve Chair Jerome Powell''s nomination testimony triggered a price rally, according to Pepperstone.

Oil Crude prices rallied alongside risky assets after Fed Chair Powell signaled a lengthy debate over the balance sheet runoff. A long road to normal means the economy will still see a lot of support over the first half of the year and that is good news for crude prices. Oil prices seem poised to []

Gold closed out 2021 with a loss of 3.6%, marking its biggest annual decline since 2015. However, possibilities of a tepid stock market return in 2022 and virus scare have boosted

(Kitco News) - Gold and silver futures prices are solidly higher in midday U.S. action Tuesday, boosted by positive daily outside markets that include sharply higher crude oil prices, a lower U.S. dollar index and a slight drop in U.S. Treasury yields.

Drawn by high gold prices, illegal miners have found more ways to reach remote areas in the Amazon. The latest cat and mouse game with Brazilian environmental regulators include aircraft used to transport miners and equipment.

Overall mood in the market is positive today, major European indexes and US futures trading up. The question is whether US stocks, in particular NASDAQ, could build on yesterdays strong rebound for some more gains. Benchmark treasury yields are firm globally. Gold and Silver also recover. In the currency markets, most major pairs and crosses [] The post Yen Softens Again on Positive Market Mood appeared first on Action Forex .

Analysts at TD Securities (TDS) believe that gold price still has some room for the upside, despite the hawkish Fed outlook for 2022. Key quotes Gold

OANDA Stocks Slump As Inflation Fears Drive Fed Rate Hike Expectations, Dollar Follows Treasury Yields, Oil Softer As Supply Returns, Gold Steady Q4 2021 hedge fund letters, conferences and more US stocks are sliding as surging pricing pressures have the Fed on a fast-track to get rates back to neutral. Every trader over the []

On bullion outlook, experts believe that gold is expected to stay range-bound in the first few months of the year

Spot gold consolidates at around $1,794 a troy ounce, flat on a daily basis. The bright metal peaked at 1,802.32, giving up ahead of the US opening a

Spot gold (XAU/USD) is nervously holding on to very modest on-the-day gains of about 0.2%, with prices swinging either side of the $1790 level as trad

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Oil A tight oil market just got hit with supply disruptions and geopolitical risks, which means oil prices are headed higher. Oil prices were boosted after growing unrest in Kazakhstan posed a risk to their 1.6 million barrels per day of production. Insurgents were responsible at the beginning of the year for sending Libyan production []

Gold prices slid to a one-week low on Thursday, pressured by rallying U.S. Treasury yields after the U.S. Federal Reserve signalled quicker increases to interest rates.

(Kitco News) - Gold was trading near daily lows as momentum in the service sector was weaker than expected in December, according to the latest data from the Institute of Supply Management (ISM).