Tag Archives: Gold

Gold prices declined on Friday, falling for the fourth consecutive session, extending their weekly and monthly losses amid a rise in treasury yields. The yellow metal futures for April delivery closed lower by $46.60, or 2.6%, at $1,728.80 per ounce, finishing at their lowest level since June 2020. For the …

The yellow metal prices fell significantly during the previous session’s trading within the expected negative context during the last analysis, in which we depended on the stability of trading below the resistance level of 1816, surpassing the official target required to be achieved by 1770, recording its lowest price during …

Gold prices declined on Thursday, for the third consecutive session, amid a rise in treasury yields that reached their highest level in about a year. The yield on the benchmark 10-year Treasury bond in the United States exceeded the 1.5% psychological level earlier today, reaching 1.515%, which left its toll …

Gold prices continue to decline for the third day in a row, one day before the US House of Representatives announced its vote on Friday on the US stimulus package proposal. Gold fell again below $1,800 an ounce, down by 0.80%. Waiting for the necessary support to resume its rise …

Gold prices declined on Wednesday for the second consecutive session, losing the important $1,800 support level. The decline in the yellow metal prices came amid a continuous rise in the U.S. Treasury bond yields that reached their highest level in about a year. Gold futures for April delivery declined by …

We remained neutral in the previous analysis due to the conflict of technical signals, indicating that the confirmation of the bullish trend needs gold to witness a clear breach of the resistance level of 1816, to find that the price collided with the aforementioned resistance level, trading negatively again, recording …

Gold prices declined on Tuesday, returning to the downward trend amid a rise in Treasury yields, and after remarks by the United States Federal Reserve Chairman Jerome Powell to Congress. The yellow metal was able to finish the session with recovery from some of its earlier losses, as Powell played …

Gold rose to the peak of the week of Tuesday, February 23rd, supported by the weak dollar and declining US Treasury yields, while the appeal of the yellow metal was boosted by fears of further rising inflation. Spot gold rose 0.2% to $1812.06 an ounce, after hitting its highest level …

The yellow metal prices witnessed a bullish wave with the opening of the first trading sessions of this week, to witness the intraday movements stabilizing above the psychological line of 1800 resistance. On the technical side, stability trading above 1800 supports the rise, and with a closer look at the …

Gold prices rose on Monday, opening the week with a positive performance and restoring the $1,800 key price level, amid expectations for a rise in inflation. In addition, the decline by the U.S. Dollar (USD) helped gold returns to gains, scoring its biggest daily rise since early January. The yellow …