Tag Archives: Gold

Dubai TV interview with Mohamed Hashad, R&D Director at Noor Capital Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current situation across global markets, with anticipation for a number of developments over the course of the week. USD The U.S. …

We remained neutral during the report published last Friday due to the conflicting technical signals. Prices are still fluctuating within a sideways slope confined from below above the strong support level 1774 and on the downside at 1790. Technically, with careful consideration on the chart, we notice the negative pressure …

Gold prices settled marginally higher on Friday, maintaining their second consecutive weekly rise despite the U.S. Dollar (USD) maintaining a mostly upward trend with some fluctuations. Gold front-month future contracts for August delivery rose by 80 cents or 0.04% to settle at $1781 an ounce. This marked the first rise …

Gold prices rose on Friday, as growing concerns about the spread of the delta strain of the Coronavirus and its impact on the economic recovery damaged risk sentiment. And gold rose in immediate transactions 0.3% to $ 1785.93 an ounce before the opening of the European stock exchanges, to rise …

The technical outlook is unchanged, and there has been little change in gold’s movements. Although, technically, gold begins its morning trading on a bearish slope and shows intraday stability below 1790, the 50-day moving average still holding the price from below, supporting the return of the bullish bias. To negative …

Gold prices finished lower on Thursday for the third consecutive session as the U.S. Dollar strengthened against major currencies, a day after the release of the Federal Reserve’s July meeting minutes. The yellow metal futures for December delivery lost $1.30, or 0.08%, to finish at $1,783.10 per ounce. The Dollar …

Gold prices fell today, with the dollar rising to its highest level in months after the minutes of the US Federal Reserve meeting indicated that it will start reducing its pandemic-related stimulus this year. And gold fell in spot transactions 0.5% to $ 1779.52 an ounce. US gold futures fell …

Gold prices closed lower on Wednesday, as the U.S. Dollar (USD) continued its rally against major peers, but rebounded following the release of the Federal Reserve July meeting minutes Talks about plans for monetary policy normalization soon, beginning with limiting the asset purchases before increasing interest rate, are providing support …

Gold prices rose on Wednesday, August 18, to approach a two-week high, as demand for the yellow metal, which is considered a safe haven, was boosted by growing concerns about the fast-spreading delta strain of Covid-19 and its economic impact. Spot gold rose 0.4% to $1,792.42 an ounce, after hitting …

Gold prices managed to touch the first target required to be achieved during the previous analysis, which is located at 1794, recording its highest level at 1795 and approaching the official target by a few points at 1799. On the technical side today, and with careful consideration on the 4-hour …