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Gold price (XAU/USD) falls on Tuesday as geopolitical tensions remain high in the Middle East, with Oil prices trimming their earlier losses, boosting the US Dollar's haven appeal due to their positive correlation. At the time of writing, XAU/USD trades at $3,926, down 0.45%.
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Several gauges of their financial health are flashing red
Earlier this year, it closed a pricey acquisition.
US Treasury yields climbed as stronger than expected September jobs data pointed to a resilient labour market, while investors awaited the midterm election results.
On Tuesday, Olaf Sleijpen, President of De Nederlandsche Bank and a member of the European Central Bank (ECB) Governing Council, said that “the Iran shock is more persistent than earlier thought,” but…
The US Dollar (USD) has navigated a vacillating range on Tuesday, broadly in line with the rest of the FX galaxy, in a context of steady caution ahead of the US Midterm elections, upcoming key US data…
