Tag Archives: Gold

Gold prices rose on Monday, supported by the decline of the U.S. Dollar (USD) and Treasury bond yields. An improved risk sentiment might have limited the yellow metal’s gains, as it failed to reach the $1,900 an ounce level. However, gold futures still managed to close at their highest level …

Gold stabilized today, Monday, consolidating near the peak of four and a half months, supported by the decline of the dollar and a wave of selling of cryptocurrencies, while investors await the release of important economic data this week. The spot price of gold was little changed at $1881.40 an …

Gold prices managed to achieve the official bullish target published during the previous report, located at the price of 1890, to record its highest level at 1890. On the technical side today, and by looking at the 4-hour chart, we find the price is stable above the support level of …

Gold prices declined on Friday, after rising for six consecutive sessions, as risk sentiment improved and stock markets rebounded from recent declines, which led to reduced demand for safe haven assets. A rising U.S. Dollar (USD) also weighed down on gold’s futures. In addition, some profit taking activity probably led …

Gold prices rose on Thursday, recovering from a brief earlier decline, extending its rising trend to the sixth consecutive session. This is the longest rising streak for the yellow metal contracts since the beginning of the year. Gold is maintaining its gains despite the improvement in risk sentiment, as evident …

Gold prices increased on Wednesday, extending their gains to reach a fresh level that is the highest in four months, and logging its fifth consecutive daily rise. The yellow metal gains come before the release of the United States Federal Reserve’s April meeting minutes. Gold is gaining ground on the …

Gold prices rose on Wednesday, recovering from earlier losses on the back of a decline in the U.S. Dollar (USD) nearing its fifth consecutive daily rise. The yellow metal futures remain near their highest level in about four months ahead of the release of the U.S. Federal Reserve’s April meeting …

Gold prices rose on Wednesday, May 19, hovering near their highest levels in four months, supported by the dollar’s decline, ahead of the release of the minutes of the latest US Federal Reserve policy meeting, which is expected to shed more light on policymakers ’views on inflation. Spot Prices rose …

Gold prices rose on Tuesday, registering gains for the fourth consecutive session, as the U.S. Dollar (USD) continued to decline against major peers. In addition, the rising consumer inflation in the United States leading to mixed expectations for the interest rates also increased the demand for safe-haven assets. After trading …

The price of gold rose today after the less-than-expected home building permits data. Homebuilding permits decreased to 1,760 million, compared to an expected 1,770 million. Housing Starts fell 9.5% in April. Gold is receiving from the increasing US dollar index its weakness, in light of weak US data, and expectations …