Tag Archives: Gold

Gold price advances almost 0.30% on Thursday, courtesy of an upbeat sentiment and overall buck’s weakness. Investors still digest mixed US economic data, released ahead of Powell’s speech.Fed officials expect a 50 or 75 bps rate hike at the next meeting; awaiting September’s data. Gold Price trades in the green …

Gold prices rose for a third consecutive session on Thursday, supported by the dollar’s decline as investors looked to the Jackson Hole Economic Symposium for clues on inflation and the interest rate path from the US Federal Reserve. Spot gold rose 0.8 percent to $1,764.39 an ounce by 0927 GMT. …

We adhered to intraday neutrality during yesterday’s session due to a conflict in the technical signals, explaining that we are observing the price behaviour of gold from the bottom above 1729 and above around 1757. On the technical side, gold begins today by attacking the strong resistance located at 1757, …

Gold has extended its bullish correction to the 38.2%$ ratio target and now has a chance of a deeper correction. Jackson Hole symposium is looming and signals by Jerome Powell are most awaited for direction and clues.The dollar benefited from higher US yields following the demand from domestic and international …

With a big deal of market volatility, gold prices have pushed to session highs. The housing market, an important pillar of US economic growth, continued to weaken as consumers bought fewer new homes than expected last month. The S&P Global flash PMI reading also has benefited the precious metal, which …

Gold prices fell on Wednesday, August 24, in the United States of America, after hawkish statements from an official in the Federal Council surrounding the investors kept investors. And gold fell in direct transactions 0.1% to $ 1746.18 an ounce, the time at 07:12 GMT, after rising 0.7% in the …

We adhered to intraday neutrality during the previous session, explaining the importance of the current trading levels, in addition to the conflict in the, explaining that the continuation of gold prices above the recorded bottom $1727 increases the probability of touching $1472 and $1755 respectively, to touch the required target, …

Some economists advise stock investors to completely forget about a dovish Fed and, instead, to get used to aggressive interest-rate hikes. The summer rally in stocks finally crossed the finish line, this week, as investors reconsidered an overly optimistic view that the US central bank would pivot away from outsized …

With a big deal of market volatility, gold prices have pushed to session highs as the housing market, an important pillar of US economic growth, continued to weaken as consumers bought fewer new homes than expected last month. The S&P Global flash PMI reading also has benefited the precious metal …

Gold prices fell to near a one-month low on Tuesday, as the yellow metal’s appeal against the dollar’s strength declined and investors continued to wait for the Federal Reserve to raise interest rates sharply. The price of gold in spot transactions at 1736.43 dollars an ounce (an ounce) by 0655 …