Tag Archives: Gold

Risky assets retreated following Friday’s inflation report, with bitcoin losing about $762.36 to trade below $23,190.00, within a few dollars of its lowest level of this week. Nasdaq 100 futures were down 1.9%, and S&P 500 futures are lower by 1.4%. The January PCE Price Index unexpectedly rose to 5.4% …

Gold prices fell slightly on Friday as investors worried that stronger-than-expected recent US economic data could prompt the Federal Reserve to continue raising interest rates for a longer period. Spot gold fell 0.1 percent to $1,821.80 an ounce, by 0745 GMT. While US gold futures rose 0.2 percent to $1,831.00. …

Gold prices were able to resume the correctional decline, as we expected, touching the target to be achieved in the previous technical report at the price of 1818, in which we relied on confirming the break of 1828. Technically, by looking at the 240-minute chart, we find the 50-day simple …

Gold prices rose on Thursday, supported by a slight decline in the dollar, but the odds that interest rates in the United States will remain high for a longer period limit the gains of the yellow metal. Gold in instant transactions rose 0.3 percent to $ 1830.90 an ounce by …

A bearish trend continues to control gold prices, constantly pressurized by the rise of its American rival. As a result, it is heading to touch the first official target station during the previous analysis, at 1828, recording its lowest level at $1823 per ounce. The technical analysis today indicates the …

On Wednesday, the dollar index rose by +0.39%. The dollar moved moderately higher and is just below last Friday’s 6-week high. A slump in stocks Wednesday boosted the liquidity demand for the dollar. Also, the hawkish minutes of the Jan 31-Feb 1 FOMC meeting supported the dollar, with policymakers anticipating …

Gold holds firm at around $1,835 as traders awaiting Fed minutes. Money market futures began to price in interest rates in the US in the 5.25%-5.50% range.Gold price recovers some ground, though it remains almost flat compared to its opening price. However, it clings to minimal gains before the release …

Gold prices rose slightly on Wednesday as investors awaited the minutes of the latest monetary policy meeting at the Federal Reserve to assess the chances of further raising interest rates. Spot gold rose 0.1 percent to $1,835.79 an ounce by 0643 GMT. And gold futures contracts in the United States …

Gold prices did not witness noticeable movements during the previous trading session within a narrow price range between 1843 and 1830. Technically, gold prices attempted to recover and compensate for part of their previous losses, recording a high of 1843. However, with a closer look at the 4-hour chart, we …

Gold rose slightly on Tuesday, as it was confined to a narrow range as investors refrained from forming large positions ahead of the release of US economic data that may affect the Federal Reserve’s interest rate strategy. Gold rose 0.1 percent to $1,842.37 an ounce at 0245 GMT, while it …