Tag Archives: Gold

Gold prices fell on Friday, May 28th, as the dollar and US Treasury yields rose, while investors awaited the release of personal consumption data in the United States later in the day for indications of inflationary pressures. Gold fell in spot transactions 0.2% to $ 1891.45 an ounce. The metal …

Gold prices approached touching the first target required and mentioned in the previous analysis located at 1917, to settle for recording its highest level at 1912, finding it difficult to surpass the aforementioned level, which forced it to move within a bearish path. On the technical side today, and by …

Gold prices declined on Thursday after three consecutive rises, losing the $1,900 level, as the U.S. Dollar (USD) strengthened with the Treasury yields rising. The yellow metal futures for June delivery lost $5.5, or 0.3%, to close at $1,895.70 per ounce. Gold futures for August delivery also dropped $5.30, or …

Gold prices stabilized Thursday, May 27, below the psychologically important level of $1900 an ounce, after the dollar’s ​​rise limited gains as investors awaited US economic data that might provide clues about inflation and monetary policy. Spot gold fell 0.1% to $ 1895.10 an ounce, after hitting its highest level …

Gold prices approached touching the first target required and mentioned in the previous analysis located at 1917, to settle for recording its highest level at 1912, finding it difficult to surpass the aforementioned level, which forced it to move within a bearish path. On the technical side today, and by …

Gold prices rose on Wednesday, reaching a new level that is the highest in about five months, as markets continue to weigh reflation fears. The yellow metal’s gains came despite a rebound by the U.S. Dollar (USD), which probably limited today’s rise. Gold futures for June delivery rose by $3.20, …

Today, gold prices surpassed the psychologically important level of $ 1900 an ounce, supported by the dollar’s decline and growing concerns about inflation after US Federal Reserve officials maintained a more accommodative stance on interest rates. In Asian trading, gold in spot transactions increased 0.3% to 1,905.36 dollars an ounce, …

Gold prices continue to achieve gains to achieve all our bullish targets during the current trading week, surpassing the last official target required to be touched during the previous session at 1902, to record its highest level of 1907 during early trading for the current session. Today’s technical vision indicates …

Gold prices rose on Tuesday, supported by the decline of the U.S. Dollar (USD) against major currencies, and with stock markets showing a mixed performance. In addition, a slight decline in U.S. consumer confidence provides support for safe haven assets, including the yellow metal. Gold futures for June delivery increased …

The positive attempts of gold prices continue to maintain the positive stability above the support level of 1871 within a narrowing range from the bottom above 1871 and from the top below 1887. On the technical side, the 50-day moving average is still holding the price from below, and this …