Tag Archives: Gold

Gold prices rose Monday, November 9, to their highest level in nearly two months, driven by the weakening of the dollar and hopes for more stimulus measures due to the Corona virus, under President-elect Joe Biden. Spot gold increased 0.5% to $ 1960.99 an ounce by 05:18 GMT. Earlier in …

Gold prices opened the first weekly trading with a bullish tendency, touching the official target required to be achieved and mentioned in the previous report at 1963, reaching a peak at 1964. The technicals indicate the possibility of resuming the rally, depending on the continuation of gold obtaining clear additional …

Gold prices rose on Friday to their highest level in seven weeks, supported by the decline of the US Dollar (USD) amid the uncertainty surrounding the results of the United States presidential elections. Gold futures for December delivery gained $4.90, or 0.3%, to close at $1,951.70 per ounce. This is …

Gold fell on Friday as the dollar rose, but the yellow metal is on track to record its best weekly performance since late July, thanks to hopes of more central bank support, as investors bet on a split in the US Congress under the presidency of Joe Biden. And gold …

Positive trading dominated gold during the previous trading session after it succeeded in building on a strong support 19012, in addition to being able to confirm the breach of the resistance mentioned in the previous analysis at 1910, indicating that breaking it increases the possibility of touching 1934 to record …

Gold prices settled on Thursday at their highest level in about seven weeks, as the US Dollar (USD) declined across the board amid uncertainty about the United States election results. Gold futures for December delivery gained $50.60, or 2.7%, and settled at $1,946.80 per ounce. This is the highest closing …

Gold prices rose in a limited range Thursday (November 5th), as investors expressed cautious optimism about Democratic candidate Joe Biden’s victory over his rival, President Donald Trump, in the close-range US presidential elections. Analysts expect Biden to likely take greater stimulus measures than his rival, the Republican president, although the …

Gold moves tended to be positive, benefiting from building a base on 1882 support, as the current moves witness attempts to recover and consolidate above the 1901 resistance level. Technically, we note that the 50-day moving average provides a positive motive in conjunction with the clear positive signals on the …

Gold prices declined on Wednesday, as markets anticipate the outcomes of the US presidential elections. Gold futures for December delivery closed lower by $2.30, or 0.1%, at $1,908.10 per ounce. Silver futures for December delivery finished lower by 14.4 cents, or 0.6%, at $24.19 per ounce.

Gold prices fell on Wednesday, as the dollar rose after preliminary results from the US presidential elections showed a close convergence than expected. US President Donald Trump winning in Florida and advancing in several other states. Gold Spot fell 0.5% to 1898.97 dollars an ounce, reducing losses by more than …