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Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-12-20 | Market Analysis

Gold Rises, Oil Drops Below $70 Amid Fed Caution

Gold prices edge higher as Fed rate cut caution boosts the dollar, while oil falls below $70 amid demand concerns and global central bank restraint.

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-12-18 | Market Analysis

Gold Retreats, Oil Declines as Markets Brace for Fed Rate Decision

Gold dip as the US dollar strengthens ahead of the Fed’s final rate decision of the year, while oil declines for a second day despite a sharp drop in US crude

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-12-17 | Market Analysis

Gold Tests Highs, Oil Dips as Markets Eye Fed Decision

Gold prices rise slightly but face resistance ahead of the Fed’s rate decision, while oil retreats on weak demand concerns and cautious investor sentiment.

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-12-11 | Market Analysis

Gold Rises Over 1% to Test $2700, Oil Prices Edge Higher

Gold hits a 2-week high at $2698 on geopolitical tensions and Fed rate cut bets. Oil rises as China boosts imports and Europe faces winter supply risks.

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-12-10 | Market Analysis

Gold Hits 2-Week Peak, Oil Prices Edge Up 1%

Gold hits a 2-week peak as China resumes gold purchases and markets bet on a Fed rate cut. Oil climbs 1% amid renewed Middle East tensions

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2024-11-29 | Product Updates

Reduction in Stops & Limit Levels for XAUUSD 

We would like to inform you that we are reducing the stops and limit levels for XAUUSD in cent accounts by 20%.

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-11-29 | Market Analysis

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

Gold prices climb as safe-haven demand rises amid geopolitical tensions, while oil prices see a brief surge before OPEC+ meeting delay

Trading Hours Adjustment

2024-11-28 | Trading Hours

Hong Kong Gold Trading Hours Adjustment for US Thanksgiving Day 

We wish to inform you of adjusted trading hours for Hong Kong Gold due to the upcoming Thanksgiving Day in the US on November 28, 2024. 

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-11-28 | Market Analysis

Gold Prices Edge Up as US Dollar Weakens

Gold prices rise modestly as the US dollar weakens, while oil futures close slightly lower amid ongoing geopolitical tensions and market anticipation

Gold Prices Edge Higher on Geopolitical Tensions; Oil Gains

2024-11-27 | Market Analysis

Gold Gains 0.3% as Risk Demand Eases; Oil Prices Slip

Gold gains 0.3% despite easing geopolitical risks, closing at $2,632.79. Oil prices drop on Israel-Lebanon ceasefire progress and OPEC+ production uncertainty.