Tag Archives: Gold

Gold prices rose above $1,900 an ounce Friday, June 11th, supported by a weaker dollar and lower Treasury yields, after data showing high inflation in the United States was deemed insufficient for the US Federal Reserve to change its monetary policy. And gold rose in spot transactions 0.1% to $ …

The previous trading session witnessed different movements in gold prices. To remind, we indicated during the previous analysis that activating the selling positions depends on breaking 1880 and this makes it easier to visit 1874 first target and then 1865 next official station to record the lowest price of 1868. …

Gold prices rose slightly on Thursday, with the U.S. Dollar (USD) fluctuating and investors reacting to the large surge in inflation in the U.S., as shown by the most reading of the consumer price index (CPI) that rose by 5% in May. The reading marked the biggest increase in U.S. …

Gold prices opened the morning session with a noticeable bearishness, after hitting the resistance level 1903/1905 within a bearish slope approaching retesting the main support 1880. On the technical side today, and by looking at the 240-minute chart, we find the 50-day moving average that continues to pressure the price …

Gold prices finished higher on Wednesday with small gains, amid a decline by the U.S. Dollar (USD) and Treasury bond yields. Nevertheless, the yellow metal’s most active contracts failed to regain the $1,900 key level. Gold futures for August delivery gained $1.1 to close at $1,895.50 per ounce. Markets are …

Gold moved within a narrow range during trading Wednesday, June 9, as investors awaited more data on US inflation and indicators on monetary policy from the European Central Bank, while weaker Treasury yields provided some support for the yellow metal. The benchmark 10-year US Treasury yields are hovering near the …

Gold fell Tuesday, June 8 as the dollar rose, while investors cautiously awaited economic data due this week to assess inflation pressures and the US Federal Reserve’s stance on monetary policy. And gold fell in spot trading 0.1% to $ 1896.94 an ounce, while gold settled in futures trading in …

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that gold is trying to form a support floor around 1880, Noted that the mentioned level represents the key to protecting the bullish trend, to return to the bullish rebound again, targeting the retest …

Gold prices rose on Monday, for the second consecutive session, but once again failed to restore the key $1,900 level. The yellow metal’s rise was limited by the rising Treasury bond yields. Gold futures for August delivery gained $6.80, or 0.4%, to finish at $1,898.80 per ounce. Silver futures for …

Gold fell today with the dollar slightly higher, as investors’ focus shifted to US inflation data due this week, which may give some indication of the extent to which the Federal Reserve will continue to refrain from reducing monetary support. The dollar rose 0.1%, making gold more expensive for holders …