Tag Archives: Gold

Gold prices fell on Monday, as investors await US economic data this week that may affect the Federal Reserve’s policy in the future, but the decline in the dollar limited the losses of the yellow metal. The spot gold price fell 0.2 percent to $1922.58 an ounce by 0914 GMT. …

Gold prices initially rose in Asian markets on Monday, supported by a weaker dollar and prospects for the Federal Reserve to slow down interest rate hikes. And the price of gold rose 0.1 percent to 1929.04 dollars an ounce at 0014 GMT. There was little change in US gold futures …

Gold prices continued achieving strong gains at the expense of the US dollar, as we expected within a gradual rise to visit the official target published during all technical reports last week at the price of 1950, recording its highest level at $1937 per ounce. Technically, and with a closer …

Gold prices stabilized on Friday, but were heading for gains for the fifth week in a row, as the weakness of the dollar and hopes of a slowdown in raising US interest rates boosted the attractiveness of the yellow metal, which represents a safe haven. And by 0308 GMT, gold …

Gold price has already touched highest that were last seen in April 2022 above $1,900. The precious metal has a bright outlook in the year ahead.The precious metal is trading at $1918.70 per ounce at the time of writing versus the previous closing price at $19043.70. 2022 was a significant …

Gold prices rose on Thursday, as investors assessed the chances of the Federal Reserve slowing the pace of raising interest rates, while the rise of the dollar curbed the gains of the yellow metal. And by 0252 GMT, gold in instant transactions increased 0.1 percent to $ 1906.01 an ounce. …

Gold failed to achieve the expected bearish target mentioned in the previous technical report, in which we relied on the stability of trading below the 1903 level, explaining that the return of trading stability above 1911 negates the proposed scenario. As a result, gold regained the main bullish path, waiting …

Gold price snaps two days of straight losses, gaining traction on Wednesday, as the US dollar slides to eight-month lows around 101.528 but lately has recovered some ground and exchanged hands around 101.871. Another reason that keeps the XAU/USD underpinned is falling US Treasury bond yields, with the 10-year note …

Negative trading dominated gold prices during the previous trading session, as we indicated in the last report, touching the first target of 1903, and heading for the second target 1897 during the morning trading of the current session. Technically, and by looking at the 4-hour chart, we notice the stability …

Gold prices jumped at the beginning of this week’s trading, achieving significant gains, surpassing the official target mentioned last Friday at 1910, recording its highest level at $1929 per ounce. Technically, by looking, we find the 1930 resistance level that formed an obstacle in front of the price to force …