Gold prices are able to print new highs on Friday, but have difficulties holding above the $1,820 level, while silver hits fresh lows. Volatility prevails during the final hours of 2022 across financial markets.
Gold prices are hovering around $1,820 about to end 2022 practically flat for an eventful year. On Friday, the Gold Index surged to as high as $1,825 and then pulled back.
The bias point to the upside, but the yellow metal continues to show difficulties in holding above the $1,820 zone.
Silver and gold prices showed an unusual divergence. Silver tumbled from fresh highs at $24.15 to 23.66$ while gold remained near the top. XAU\/USD is up 0.21% and XAG\/USD falls by 0.95%.
Volatility is on the rise during the last hour of trading of the year across financial markets. The Dow Jones is falling by 0.76% and the Nasdaq by 1.25%. US stocks are about to have the worst year in more than a decade.
It has been a wild year for gold. It reached levels above $2,000 during the first half of the year and then tumbled until it built a base around $1,615 from where it started a recovery that is still going on.
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Gold prices are able to print new highs on Friday, but have difficulties holding above the $1,820 level, while silver hits fresh lows. Volatility prevails during the final hours of 2022 across financial markets.Gold prices are hovering around $1,820 about to end 2022 practically flat for an eventful year. On Friday, the Gold Index surged …<\/p>\n","protected":false},"author":13,"featured_media":77716,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[10138,6874,7027,7624],"class_list":["post-77733","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-divergence","tag-gold","tag-silver","tag-volatility"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=77733"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77733\/revisions"}],"predecessor-version":[{"id":77746,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/77733\/revisions\/77746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/77716"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=77733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=77733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=77733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}