Entertainment GOLD PRICE: Renewed sales pressure at the Deadline

10:35  06 december  2021
10:35  06 december  2021 Source:   finanzen.net

Adele album becomes 2021's fastest-seller

  Adele album becomes 2021's fastest-seller The singer lands a number one album with 30, while lead single Easy on Me dominates singles chart.Its 261,000 first-week chart sales mean it overtook the Swedish pop group's comeback album Voyage, which opened with 204,000 sales.

Gold weakened close to 1-month lows below ,785 an ounce on Wednesday, after getting hit by hawkish remarks from the Federal Reserve chief. Fed chair Jerome Powell said on Tuesday the central bank will discuss speeding up its bond-buying taper at the December meeting, citing a strong economy and expectations that factors His comments buoyed the dollar and treasury yields, further pressuring the bullion. Higher interest rates raise the non-interest-bearing metal’s opportunity cost and reduce its appeal, while a stronger dollar makes the yellow metal more expensive for buyers with other currencies.

Alternatively, gold price need to find acceptance above the aforesaid crucial support now resistance for an extended recovery. The next stop for bulls is placed at the ,800 threshold. Special weekly forecast. Interested in weekly XAU/USD forecasts? Our experts make weekly updates forecasting the next possible moves of the gold -dollar pair. Here you can find the most recent forecast by our market experts: XAU/USD looks to extend rebound amid renewed coronavirus fears Premium.

The Commitments-of Traders Report published on Friday night The CFTC US supervisory authority rejected a significant sales interest for the week as of 30 November.

YASUYOSHI CHIBA/AFP/Getty Images © Provil by Finanzen.net Yasuyoshi Chiba / AFP / Getty Images

by Jörg Bernhard

downhill but also with the general interest in gold futures. Within a week, the number of open contracts (Open Interest) was a decline of 559,800 to 531,900 futures (-5.0 percent). Both large and small appointment speculators have become more skeptical in the course. While the net-long position (optimistic market maintenance) of the major speculators (non-commercials) has reduced from 234,400 to 225,900 contracts (-3.6 percent), with small speculators (Norn-Reportables) was a minus from 33,400 to 32,700 futures ( -2.1 percent) registered. Now you may be curious how the growing risk aversion of investors will affect the mood with regard to gold.

The 44 surprising areas outside the big cities where prices rose 30%

  The 44 surprising areas outside the big cities where prices rose 30% House prices have risen by more than 30 per cent in a year in 44 regional council areas. Remote parts of WA and Tasmania were on the list along with desirable parts of coastal Queensland and NSW.While Byron Bay, Noosa, the Gold Coast and Kiama were on the list, the areas with the sharpest increases were in remote parts of Western Australia and Tasmania - where prices climbed by 45 per cent.

NEW DELHI: Gold prices kicked off the new week on a positive note amid growing Omicron worries although the rising US dollar capped the upside for the bullion. Market participants also weighed the prospect of a faster ending to pandemic-era asset purchases by the US Federal Reserve after data suggested the labour market was rapidly tightening. Vidit Garg, Director, MyGoldKart said that technically gold has corrected from the 9-period moving average in the last week while a weekly close above 1,768$ is a light for the bulls at the end of the tunnel.

Read gold price predictions by leading analysts: How will the price of gold develop? Below you can find a compilation of the latest gold price forecasts by analysts. We are regularly extending this list with new predictions for the price of gold . Please send us a short email, if you miss a forecast by a renowned institution or analyst you would like to have included.

On Monday morning, the Gold Prize presented itself with stable quotations. Until 8:05 (CET), the most active futures traded on gold (February) by 0.80 to $ 1,784.70 dollars per ounce.

Crude: Positive Weekly Tact

Because Saudi Arabia has announced a price increase for its Asian and US customers for the coming month, the fossil energy sources started with a powerful rebound in the new trade week. The weekly report published on Friday night the US service company Baker Hughes operating in the oil sector over the North American drilling activities was also characterized by stagnation. Thus, in the US, the number of oil drilling systems at 467 remained. Other countries have problems to drive their support capacities upwards. In this and last year, the oil industry has come into appearance mainly by the investment.

On Monday morning, the oil price presented itself with rising quotations. Until 8:05 (CET), the next WTI futures fueled $ 1.64 to $ 67.90, while his counterpart at Brent took on 1.55 to $ 71.43.

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HELLOFRESH share Various under pressure: Hellofresh represents for 2022 further growth in view .
HelloFresh expects next year with high expenses in future growth. © Provided by finanzen.net Peter Bischoff / Getty Images At the same time, sales should be noticeably increase by 20 to 26 percent in a currency-neutral basis, the DAX company in a first, indicative forecast for 2022 placed in view. Adjusted EBITDA should be between 500 million to 580 million euros - and thus under the expectations of the stock exchange.

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