Tag Archives: Gold

Gold prices have rebounded from their weekly lows, marking a 0.43% increase, as traders digest the latest US jobless claims report. The Federal Reserve’s divided stance and the anticipation of Chairman Powell’s speech keep investors on edge, with a dovish tilt currently in the lead. Geopolitical tensions following the Hamas …

Russia is utilizing gold to get around sanctions put in place following its invasion of Ukraine, according to a red alert issued by the UK National Crime Agency (NCA) to the financial industry. According to the NCA, concerted efforts are being made to launder gold that has been sanctioned in …

In the current market scenario, gold prices continue to follow the anticipated downward trajectory, nearing the initial target set in the previous report at $1945. During the early trading hours of the current session, gold touched a low of $1947 per ounce, underscoring the persistence of the bearish trend. Analyzing …

Gold is still under pressure; it is now trading below $1,950, and it is at its lowest point since October 19. The drop in Treasury yields did not help the yellow metal. Due to the decline in Gold, Silver finished the day unchanged at $22.50.On Wednesday, the US dollar showed …

In the recent trading session, gold prices experienced significant losses in line with the negative technical forecast, meeting our earlier expectations. The precious metal touched the second official target at $1958, reaching its lowest point at $1956 per ounce. Today’s technical analysis continues to point towards a potential downtrend. Examining …

Metals continued to be pressed. Silver reached a two-week low of $22.43 and is trading dangerously below $22.80. Gold fell to a two-week low of $1956 before retreating from its losses.aDuring the American session, the US dollar weakened due to rising Wall Street stocks and a reverse in Treasury yields. …

In gold trading, conflicting technical signals have left analysts in a state of neutrality. The pivotal moment for traders hinges on the breach of the robust support floor at $1977 per ounce. Current market dynamics find gold prices hovering near their lowest point during the early stages of the trading …

Mohammed Hashad, Director of Research and Development Department at Noor Capital and the member of the US Association of Technical Analysts, commented on the most prominent developments in the markets and the performance of the most important financial assets, in an interview on Dubai TV. He began his comments by …

Gold prices exhibited a series of mixed trades during Friday’s trading session, oscillating in both upward and downward directions. As previously noted, the potential for an upward surge was evident if the price managed to consolidate above the crucial level of 1977, coupled with a confirmed breakthrough at 1994. This …

Gold prices experienced narrow-range sideways movement yesterday, maintaining the existing technical outlook. The price of gold remains confined above 1977 from the bottom and below 1993 from the top. Upon examining the 240-minute timeframe chart, it is evident that the price has remained stable below the 1992 resistance level. Additionally, …