Tag Archives: Gold

Gold prices showed a mixed performance on Monday, finishing the first session of the week on the positive side with marginal gains, recovering from earlier daily losses. Despite a decline in the demand for safe havens, amid an improved risk appetite among investors, supported by the recent economic data that …

Gold prices fell on Monday, April 5, as US Treasury yields rose and global stocks rose after better-than-expected jobs data in the United States fueled optimism about a rapid economic recovery. Gold was down in spot trading 0.3% to $1723.16 an ounce. US gold futures settled at $1761.20 an ounce. …

Gold prices rose on Thursday for the second consecutive sessions, amid a decline by the U.S. Dollar (USD) after data showed a surge in jobless claims in the United States. The yellow metal futures for June delivery rose by $12.80, or 0.8%, to close at 1,728.40 per ounce. During the …

Gold rose again Thursday, April 1, from a three-week low it reached in the previous session, as the US dollar and Treasury yields declined, while President Joe Biden’s plan of more than $2 trillion for jobs provided further support for the yellow metal’s appeal as a hedge against inflation. And …

The yellow metal prices recovered during the previous trading session, nullifying the negative outlook as we expected, in which we depended on the stability of trading below the level of 1691 touching the stop-loss order published in the previous analysis, The return of price stability above 1691, a correction of …

Gold futures rose on Wednesday, supported by the decline of the U.S. Dollar (USD) across the board. Nevertheless, the yellow metal futures continue to be impacted by the strong USD and high Treasury bond yields, which reflected negatively on gold’s performance during the first quarter (Q1) of the year. Gold …

Gold rose in volatile trading on Wednesday, March 31st, but the yellow metal is still heading for the biggest quarterly decline since December 2016, with the rise in US Treasury yields and the dollar undermining the charm of safe-haven status in gold. An increase of 0.1% to $ 1686.65/ounce in …

Gold prices retreated significantly within the bearish trend, as we expected, explaining that trading below 1691 extends gold’s losses, opening the way to visit 1685, recording its lowest price of 1678. Technically, and by looking at the chart, the current prices of the yellow metal are witnessing stability below the …

Gold futures declined on Tuesday for the second consecutive session, amid a strong rise by the U.S. Dollar (USD) and Treasury bond yields. The yellow metal most actives contracts closed at their lowest level in nearly three weeks, breaking the $1,700 support level. Gold futures for April delivery finished lower …

Gold prices fell on Tuesday, March 30th, to their lowest level in more than two weeks, as they were pressured by the strength of the dollar and US Treasury bond yields with growing expectations for a rapid economic improvement in light of the progress of vaccination campaigns. Gold, which is …