Tag Archives: Gold

Gold prices rose on Wednesday, March 24th, as US Treasury yields stabilized near their lowest level in a week, while the metal ignored the dollar’s ​​rise in the wake of the US Federal Reserve’s assertion that the inflation rate will not get out of control. Gold rose in the spot …

The movements of the yellow metal witnessed a negative bias, after it failed to breach the pivotal resistance published in the previous analysis at 1747, which forced it to retest 1724. Technically speaking, and with a closer look at the 4-hour chart, we find gold is turning around the 50-day …

Gold prices declined on Tuesday to their lowest level in more than a week, amid a rise by the U.S. Dollar (USD). The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up by 0.67% at 92.36. Gold futures for April delivery …

Gold prices succeeded in touching the first target required to be achieved during the previous analysis, located at a price of 1747, recording its highest level of 1747. Technically speaking, and with a closer look at the chart, we find intraday trading is stable below 1747, accompanied by the loss …

Gold prices declined on Monday, due to lower investors’ demand on the yellow metal. Despite the relative decline in the U.S. Treasury bond yields, which remain near their highest level in a year, a positive performance by stock markets reduced demand for safe havens. Gold futures for April delivery closed …

Gold prices fell as investors preferred alternative safe-haven assets such as the US dollar and bonds after Turkey’s surprising decision to appoint a new central bank governor who was known to criticize high interest rates, which led to uncertainty over fiscal policy. Gold fell in the spot market 0.5 percent …

Mixed trades are still dominating gold prices as a result of the price retreating from the bottom above the 1720 support level and from below the 1747 resistance level. On the technical side today, and by looking at the 4-hour chart, the glory of the 50-day moving average will hold …

Gold prices rose on Friday, extending their weekly gains, amid increased demand from investors. The yellow metal futures for April delivery gained $9.20, or 0.5%, to close today’s session at $1,741.70 per ounce. For the week, gold futures gained about 1.3%.

Gold is on the path of achieving its second consecutive weekly gain today, as it is supported by a slight decline in the dollar and US Treasury revenues. Spot gold rose 0.3% to $1740.99 an ounce. And the yellow metal is up more than 0.6 percent since the beginning of …

Mixed trades dominated the movements of the yellow metal within a stable random context from above below the resistance at 1755 and from below above the support at at 1720. On the technical side today, we find the 50-day moving average pressuring the price from the top, in addition to …