Tag Archives: Gold

Narrow-range side trading witnessed for gold prices during the previous trading session being stable from the bottom above 1853 and from the top below the 1865 resistance level. The technical vision today indicates the possibility of an increase, relying on the stability of intraday trading above 1847, and in general …

Gold prices continued to rise on Tuesday, the day after achieving sharp gains due to increasing uncertainty in the market due to the conflict in the Middle East, as cautious statements issued by senior Federal Reserve officials affected the dollar and bond yields. By 0314 GMT, gold in spot transactions …

Gold prices jumped to achieve substantial gains after the markets opened yesterday, with a rising price gap placing gold prices above the 1838 resistance level, recording its highest level at $1865 per ounce. The technical vision today indicates the possibility of an increase, relying on the stability of trading above …

Gold prices have recovered to around $1,850 due to the dismal market sentiment prompted by escalating tensions between Israel and Palestinians. The gold price is trading at $1852.43 per ounce at the time of writing. Dallas Federal Reserve Bank President Lorie Logan has also supported the gold price, drawing less …

Gold prices rose more than one per cent on Monday, as the outbreak of violent clashes between Israeli forces and the Palestinian Islamic Resistance Movement (Hamas) over the weekend increased the risk of a broader conflict in the Middle East and stimulated interest in investing in safe havens such as …

Following a significant spike in T-bond yields, the market has momentarily stabilized, but Americans continue to borrow heavily despite Fed Chair Jerome Powell’s 18-month efforts to alter their borrowing and spending habit.Middle East tensions could boost gold, US dollarTensions in Palestine are causing investors to seek safe-haven assets and monitor …

Despite solid labour demand, gold prices have sharply recovered, raising anticipation for another Fed interest rate hike. Despite a weak US Services PMI survey and a weak ADP Employment report this week, the price of the precious metal remained under pressure. At the time of writing, the precious metal is …

For the second session in a row, gold trading is limited from the bottom above the recently recorded low at 1815 and from the top below the 1830 resistance level without any significant change. Technically, by looking at the 4-hour time frame chart, we find that positive crossover signals are …

Below $1,820 per ounce, gold is at its lowest price since March, a loss of $100. Economists evaluate the prospects for the yellow metal. A barrier to gold in the near term is uncertainty over when US rates and the dollar will peak. The precious metal is trading at 1814.69 …

Gold trading was limited during the previous trading session from the bottom above the recently recorded low at 1815 and from the top below the 1830 resistance level without any significant change. Technically, by looking at the 4-hour time frame chart, we find positive crossover signals beginning to appear on …