Tag Archives: Gold

Gold prices stabilized after rising to their highest levels in nearly nine months on Monday, as a weaker dollar and expectations of a slower Federal Reserve interest rate hike added to the yellow metal’s appeal. The price of gold in instant transactions was 1918.66 dollars an ounce at 0548 GMT. …

At the time of writing, gold price is hovering around $1,920 on Friday, hit a new 9-month high as investors anticipate the US central bank to adopt a less aggressive stance following Thursday’s softer inflation data. Bets for a 25-bps rate hike by the Federal Reserve lie at a 94.2% …

We adhered to intraday neutrality during the previous decision due to a conflict between the technical signals. However, we made it clear that breaching the 1880 resistance level could consolidate gold gains to visit our first target for the previous report at 1887, so that gold prices recorded their highest …

The US Dollar Index has displayed negative performance for the second consecutive day around seven-month low. Dovish comments from Fed officials as well as mixed US data are among factors that do renew hopes for slowing down the pace of rate hiking and this tendency could hamper the DXY. Risk-on …

Gold futures were at an eight-month high, climbing 14% since late November to hit $1,882 per ounce earlier on Wednesday. At the time of writing the precious metal is trading at $1876.80 per ounce.Investors normally flock to assets that offer regular returns, such as government bonds, when interest rates are …

Gold futures were at an eight-month high, climbing 14% since late November to hit $1,882 per ounce on Wednesday. At the time of writing the precious metal is hovering around $1872 per ounce.Gold has got the opportunity to shine again, as investors are betting that the aim of cooling hot …

Gold rose to its highest level in eight months on Wednesday, supported by the dollar’s decline, but it is still moving in a relatively narrow range as investors await inflation data that may affect the Federal Reserve (US Central Bank) raising interest rates. And by 0615 GMT, spot gold prices …

Sideways trading dominated gold’s movements yesterday, trying to attack the main resistance level of the current price range at 1880 but unable to breach it until now. Technically, by looking at the chart with a 4-hour interval, we find the simple moving averages support the daily bullish price curve accompanied …

The US Dollar is starting to recover after dropping to seven-month lows and a rebound could follow a higher Consumer Price Index data. Gold price is trading at $1877.24 at the time of writing, higher by almost 0.3% versus the previous closing price at $1871.65 on Monday, after climbing from …

Gold’s movements did not witness a significant change during the trading of the previous trading session, after several consecutive sessions of incline, to be able to touch the target to be achieved during the past week, 1880, which formed a strong supply point that it was unable to break until …