Tag Archives: Gold

Gold prices fell on Thursday, January 26, with the rise of the dollar, while investors await US economic data that could provide clues about whether the Federal Reserve will slow down the pace of raising interest rates. Spot gold fell 0.5% to $1936.97 an ounce, after hitting its highest level …

For the second session in a row, the strong levels of demand published during all the technical reports for the current week, at 1920, proved their effectiveness after gold was able to establish a solid support ground to force it to rebound upward and continue the ascent towards the official …

Gold price has taken off to renew nine-month high, up for the fourth consecutive trading day. The weaker US dollar reinforces the Gold Index’s upside while a cautious mood prevails most financial markets ahead of the key United States Gross Domestic Product.Dovish bias surrounding the Fed’s intention contrasts with the …

Gold fell on Wednesday, continuing the decline from a level close to a nine-month peak, which it reached in the previous session, as some investors sought to speculate in a way that guarantees them profit. The dollar stabilized ahead of the release of US economic data that may determine the …

Gold prices were able to touch the first official target station during the technical report issued yesterday at 1943 price, recording its highest level of 1943, which formed a strong resistance level that forced gold prices to re-test a typical support level of 1920 and it still maintains the bullish …

Gold price is running into a critical resistance area on all charts. Gold selloff could eventually lead to significant fears lest it should run towards $1,900. Gold price is advancing on the day into the final push on Wall Street and rallied from a low of $1,917.22 to a high …

Gold prices rose on Tuesday amid a weaker dollar, and it is likely that the precious metal’s near-term prices will remain dependent on US economic data expected to be published this week and may affect the Federal Reserve’s interest rate strategy. Spot gold rose 0.2 percent to $1,935.04 an ounce …

Gold prices moved in both the bullish and bearish paths during the first trading of this week, to witness a bearish tendency during the middle of the European trading session after it sneaked below 1920, explaining that the infiltration below it led the price directly to retest 1912, recording its …

The US dollar index bottomed around the 102 mark, hovering close to levels not seen since May 2022, as concerns about a US recession and prospects of a less aggressive Federal Reserve spooked investors away from the American currency.Widespread volatility dominated the first trading day of the week across both …

The overall market sentiment on Monday is positive and rising US Treasury bond yields are boosting the US Dollar, driving the Gold Index, XAU/USD, downwards.Gold price has retreated from around the daily $1935.51 highs and dropped below $1915 as US Treasury bond yields recover some ground and underpin the dollar, …