Tag Archives: Gold

Gold prices stabilized on Tuesday as investors awaited a US inflation reading that could update views on interest rates after the Federal Reserve kept the door open to further tightening monetary policy. gold settled in spot transactions at $1,922.30 per ounce, while US gold futures fell 0.1 percent to $1,946.10. …

Narrow-range side trading confined from the bottom above the 1913 support level and from the top below the 1929 resistance level within limited positive attempts for gold prices to penetrate the 1929 level, but it cannot break it so far. Technically, we indicated during the previous technical report that the …

Gold prices rose on Monday, supported by a decline in the dollar, as investors awaited inflation data in the United States, which may make the Federal Reserve inclined to raise interest rates later in the year. Gold jumped in spot transactions 0.5 percent to $1,927.39 per ounce by 0614 GMT, …

We adhered to intraday neutrality during the previous technical report due to conflicting technical signals, explaining that we are waiting for the confirmation of the breach of the 1929 resistance or the breach of the 1913 support. Gold prices found strong resistance around 1929, which forced the price to trade …

The G-20 leaders decided on Saturday to implement the reporting framework for digital assets quickly since a sizable portion of their members want information exchange on these non-financial assets to begin by 2027. To prevent tax evaders from hiding their unreported wealth with such non-financial assets, the Crypto Asset Reporting …

Gold rose slightly on Friday as the dollar retreated from its high levels, but the precious metal is still on track to record a weekly decline as investors focus on the increasingly strong US data. Gold rose in spot transactions 0.3 percent to $1,925.14 per ounce by 0545 GMT, but …

Gold movements are witnessing attempts to rise marginally, benefiting from the positive stability above the 1915 support level, and the price is now hovering around its highest level during the morning trading of today’s session at $1926 per ounce. Technically, and with a closer look at the 240-minute time frame …

Even if other countries are suffering from the effects of tight monetary policy, the US economy is nevertheless robust. The US service sector is experiencing strong demand, which would allow the Federal Reserve to keep the door open for additional policy tightening. In comparison to estimates and the previous report …

Gold prices continue due to the rise in the US dollar, heading towards touching the first target expected to be achieved during the previous technical report at 1920, approaching by a few points from the official station of 1913, only to record the lowest of $1,915 per ounce. Technically, by …

The price of gold rose from its lowest level in a week on Wednesday, with US Treasury bond yields declining and the dollar abandoning the highest levels reached in the previous session, but expectations of keeping interest rates high limited the gains of bullion. Spot gold rose 0.1 percent to …